Wa’ed Ventures is the venture capital arm of Saudi Aramco Entrepreneurship Center (Wa’ed), established by Saudi Aramco with the vision of igniting the spirit of entrepreneurship in the Kingdom of Saudi Arabia. Wa’ed has deployed a suite of programs over the years to assist entrepreneurs in establishing, enhancing, or expanding their ventures. These programs comprise development and financial support including business incubation, coaching and training to guide and nurture entrepreneurs along different business stages, seed funding, non-collateral loans, venture capital (equity/debt) investment, and business development. These programs support the development of small- and medium-sized enterprises (SMEs) capable of localizing industries and diversifying the Kingdom’s economy. Wa’ed also collaborates and engages with key players in order to create an effective entrepreneurship ecosystem. Wa’ed aspires to provide leadership in promoting entrepreneurship to support economic growth, diversification, and social development in Saudi Arabia, in alignment with the Kingdom’s strategic thrust into moving towards a knowledge-based economy. The organization aims to turn innovative ideas into successful projects, create and support sustainable SMEs, and develop entrepreneurs into successful business owners. Wa’ed Ventures aims to fuel the growth of high potential companies, thereby promoting economic development in Saudi Arabia with job creation for Saudi nationals, technological improvement, knowledge transfer, economic diversification, and economic growth within the Kingdom. The firm focuses on seed, early, and growth-stage businesses across a diverse range of sectors including information and communication technology (ICT), energy, manufacturing, healthcare, and services – from mobile application platforms and technologies to industrial equipment manufacturing to advanced software solutions.
PASQAL is developing a full-stack quantum computer that will be used to simulate complex phenomena for scientific discovery and to address general problems such as optimization, drug discovery, and machine learning. The company's quantum processing units are made up of hundreds of atomic qubits in 2D and 3D arrays, and their programming environment, to address our customers' needs in quantum computing and simulation.
Terra Drone is a drone and software manufacturer, based in Tokyo. By using drone, Terra Drone also delivers civil engineering surveying services for construction companies and analyzes data. With a wide range of usecase of drone, Terra Drone also helps companies to carry out inspection of complex job sites, such as those in construction, oil and gas extraction, agriculture.
Wahed Invest is a financial technology and services company that delivers an ethics-driven investment platform. The company has established a strong presence in the Shariah-compliant investment market by developing a user-friendly digital platform that offers a range of Shariah-compliant investment products, including managed portfolios, venture investments, and real estate investments.
Red Sea Farms offers diverse products and services including produce technology and consultancy. Their patent-pending technology enables greenhouse and hydroponic farms to grow more and better food with less water and energy - saving money and sustainably increasing profits. The company's team of experts provides technical advice on design and project management for saltwater and desert agriculture.
WakeCap is an IoT-based enterprise solution to improve safety & productivity in the construction site. We enable construction companies to have real-time field reporting by connecting & tracking materials, equipments, and most importantly workers at the construction site.
Lamaa develops financial technology solutions to small and medium enterprises. It provides software and online tools that manages banks and tax processes. Lamaa is headquartered in Riyadh, Kingdom of Saudi Arabia.
Qreeb is a Procurement and Facility Management platform for enterprise professionals built by procurement and facility management professionals. The Qreeb platform is a proprietary SaaS (Software as a Service). It is digitized automation that modernizes antiquated procedures.
Cura Healthcare is a Saudi leading telehealth provider that provides digital health and telemedicine software and services. The company has developed state-of-the-art technologies to empower health communications, changing the way patients and doctors interact, diagnose, prescribe, give second opinions, manage chronic diseases, and provide primary health care and well-being therapy sessions. For more information: https://cura.healthcare/en/
Fathom Solutions provides an Industrial IoT platform and Ai applications that deliver valuable insight into the operations to make an informed decision and prompt execution towards achieving performance excellence in a unified single software platform. Fathom Solutions helps companies to be agile to achieve performance excellence through Fathom’s Precocity software platform and smart engineering applications. We unlock the hidden values and maximize the investment of the existing assets by digital enablement that offers; INSIGHT by connecting and unifying all organization resources data, processes, and equipment, devices, human, and customer. EMPOWER the management and workforce to have collaboration in real-time by providing comprehensive Key Performance Indicators and streamlined operations processes procedures, task assignments & instructions digitally without coding required and securely for better efficiency. FATHOM the operations and assets by diagnosing and predict, prescript through a state-of-class presentation in a different format that suits the user to make an insightful decision promptly securely and safely. By having Fathom Solutions, you will have the opportunities for : Reduce operating and maintenance costs, increase efficiency and profitability, Mitigate risk and Maintain compliances, Optimize enterprise performance, and Create Distinct Competitive advantage, and Lead more effectively.
Joi Gifts is a full-service mobile platform for physical gifts. joi was born out of the belief that the world can be made a happier place, one gift at a time. With the best quality flowers and free same-day delivery, premium cakes and chocolates, balloons, gourmet gift baskets, unique personalized items and more, we have what it takes to put a genuine smile on anyone’s face and turn the experience of gift-giving into memorable occasions for you and those you care about the most.
Red Sea Farms offers diverse products and services including produce technology and consultancy. Their patent-pending technology enables greenhouse and hydroponic farms to grow more and better food with less water and energy - saving money and sustainably increasing profits. The company's team of experts provides technical advice on design and project management for saltwater and desert agriculture.
FalconViz is set to deliver digital transformation at scale in the Kingdom of Saudi Arabis. As an intelligence company founded in patented technological advancements developed at KAUST from 2014, we are the kingdom’s experts in developing state-of-the-art solutions to rapidly digitize invaluable assets across geospatial, inspection, climate and cultural heritage market sectors. We uniquely are able to fill the technological gaps of digital transformation through the deployment of our fleet of aerial drones, terrestrial scanning systems, cyber-secure data center and team of specialized geo-engineers and spatial computing experts. By providing turn-key AI and software solutions, we extract intelligence from our clients’ digitized assets enabling them to advance their digitization and intelligence capabilities and make strategic decisions in real-time.
Postage
Seed Round in 2021
Postage offers delivery services for various goods ranging from clothing to books offered by 50 local and international e-commerce players. It claims to be the first last-mile operator to offer guaranteed same-day delivery between Riyadh and Dammam, as well as offering a two-hour delivery service across Riyadh.
Hazen is an artificial intelligence for road safety with new generations of traffic cameras. They use computer vision and deep learning, traffic analytics software is designed to track the motion of every vehicle.
1Pass, unique product by GetMuv focusing on Corporate Wellness. Verified employees can access any gym with a single membership and pays on monthly basis.
YNMO is the first Arabic/English digital solution that aims to improve the quality of care and educational services for individuals with special needs by allowing service providers such as schools, centers & clinics to design and monitor individualized treatment plans. Ynmo's mobile App also helps families screen their children through various screening tools (MCHAT - CDI - ASQ3) targeting Autism, language delay, and general developmental delay.
Averos’ unique and state-of-the-art RTLS (Real-Time Location System) and LBS (Location Based System) technological solutions help provide companies and their customers with full and real-time situation awareness of their environment, their customers, their staff and their valuable assets and thereby improving your operational efficiency and improving their market positioning. Averos provides standard and bespoke solutions to meet its customers’ specific needs and helping them to integrate into existing enterprise system. Averos provides following solutions: - Real-Time Location System - Visitor Tracking & Management System - Indoor Positioning & Navigation System
Wahed Invest is a financial technology and services company that delivers an ethics-driven investment platform. The company has established a strong presence in the Shariah-compliant investment market by developing a user-friendly digital platform that offers a range of Shariah-compliant investment products, including managed portfolios, venture investments, and real estate investments.
UnitX is a deep tech company that automates safety & security monitoring at industrial sites. Vizard, our patent-pending AI platform, leverages sensor data & video analytics to equip HSE & Security managers with real-time actionable insights. It detects life-threatening hazards such as worker falls, heat stress, etc., identifies and tracks workers, monitors restricted zones, and more. We help enhance worker safety, minimize incident risks and reduce operational costs while adhering to the highest levels of responsible AI and ethics. UnitX is an ISO certified company recognized by SDAIA & NVIDIA.
Sadeem is the world’s first multi-patented flood and traffic information system with active networks to save lives and money in realtime. They offer a novel early detection and monitoring flood system for urban areas and drainage systems. Their holistic solution consists in a combination of sensors network, mobile applications and visualization tools to face floods in a better way and mitigate its effects.
Hazen is an artificial intelligence for road safety with new generations of traffic cameras. They use computer vision and deep learning, traffic analytics software is designed to track the motion of every vehicle.
Averos’ unique and state-of-the-art RTLS (Real-Time Location System) and LBS (Location Based System) technological solutions help provide companies and their customers with full and real-time situation awareness of their environment, their customers, their staff and their valuable assets and thereby improving your operational efficiency and improving their market positioning. Averos provides standard and bespoke solutions to meet its customers’ specific needs and helping them to integrate into existing enterprise system. Averos provides following solutions: - Real-Time Location System - Visitor Tracking & Management System - Indoor Positioning & Navigation System
1Pass, unique product by GetMuv focusing on Corporate Wellness. Verified employees can access any gym with a single membership and pays on monthly basis.
A mobile application and an online platform that provides an outdoor advertisement solution for companies and organizations by matching them with car owners who would wrap their cars with advertisements. Car owners will have an additional source of income without doing any extra effort or working extra hours. All they have to do is to wrap their cars with the ads and drive the way they do everyday. Companies and advertisers will be offered an affordable platform for outdoor advertisements which grants their brands a high level of exposure and impressions. Shiftah would provide companies an online platform where they can lively monitor and track their ads campaigns.
Sihatech is the solution to the problem of lack of transparency and accountability in healthcare. They have developed a responsive website and two native applications on iOS and Android. Today, a small hospital or clinic can use Sihatech for all their Hospital Information System (HIS) needs and save all the hassle and trouble of working with a third party IT developer and paying thousands of riyals in server and development costs. Sihatech is a pure cloud player. They are focusing on the marketing and appointment booking aspects of the website and apps, but this is just the simple hook to get the doctors on board. Once they experience the robustness of their back end system and their innovative ideas, they will become loyal users. They are already being referred by their existing customers. They are now in the process of building a payment gateway that will allow their users to apply for micro-loans to finance certain medical procedures that are not typically covered by insurance and it will also allow small hospitals and clinics to manage their revenue cycle with insurance companies and their medical supply payments to their vendors (pharmacies, laboratories and equipment/consumables suppliers). Sihatech’s vision is to become the MENA regions premium provider of technology solutions to the healthcare space to improve the access, accountability and quality in healthcare. Sihatech’s mission is to allow the hospitals, polyclinics and doctor practices to outsource all business and technology processes to be able to focus on treating the patient
Goal To be the leading provider of happiness and loyalty programs, fostering a culture of joy and satisfaction among employees Vision To create a workplace where every employee and customer thrives in an environment of shared happiness and loyalty Products WalaOffer WalaBravo WalaHub WalaPioneer WalaActive Walaone
Smart Controls is an innovation driven company giving turnkey solutions for Process Automation, SCADA and IT Integration to almost all Industry verticals like Rubber and Tyre, Automobile, Textile, Power, Metals, Food, Airport Baggage Handling etc. PLC, Drives and SCADA to a complex plant wide MIS system with SAP integration, Smart Controls has an offering for any industry vertical.
Arabian Robotics is a designer and developer of solutions for various industrial applications. They provide competitive robotic inspection and non-destructive testing services that include non destructive testing, pipe inspection, tank inspection, and vessel inspection. Arabian Robotics continuously develops highly effective technologies in collaboration with key international partners to provide its clients with trustworthy and affordable inspection solutions and services.
Arabian Calibration Company is a company that offers both fixed and mobile calibration services for impartial liquid and flow meters. Clients have access to a self-governing calibration facility that complies with operational requirements through the company's services, which concentrate on the delivery of flow measurement, verification, and calibration services. This enables clients to get concise engineering for their meter calibrations.
PayTabs is an innovative new economy payment processing and fraud prevention company built to provide buyers and sellers an advanced technology to pay and get paid.
FalconViz is set to deliver digital transformation at scale in the Kingdom of Saudi Arabis. As an intelligence company founded in patented technological advancements developed at KAUST from 2014, we are the kingdom’s experts in developing state-of-the-art solutions to rapidly digitize invaluable assets across geospatial, inspection, climate and cultural heritage market sectors. We uniquely are able to fill the technological gaps of digital transformation through the deployment of our fleet of aerial drones, terrestrial scanning systems, cyber-secure data center and team of specialized geo-engineers and spatial computing experts. By providing turn-key AI and software solutions, we extract intelligence from our clients’ digitized assets enabling them to advance their digitization and intelligence capabilities and make strategic decisions in real-time.
Virtual Vision is a leading-edge provider of innovative IT solutions for Their customers. Their primary focus is "Business Technologies" which are IT products and solutions that meet your business needs. Their goal is to tackle your IT costs and help you reduce them with Their portfolio of products and solutions.
FalconViz is set to deliver digital transformation at scale in the Kingdom of Saudi Arabis. As an intelligence company founded in patented technological advancements developed at KAUST from 2014, we are the kingdom’s experts in developing state-of-the-art solutions to rapidly digitize invaluable assets across geospatial, inspection, climate and cultural heritage market sectors. We uniquely are able to fill the technological gaps of digital transformation through the deployment of our fleet of aerial drones, terrestrial scanning systems, cyber-secure data center and team of specialized geo-engineers and spatial computing experts. By providing turn-key AI and software solutions, we extract intelligence from our clients’ digitized assets enabling them to advance their digitization and intelligence capabilities and make strategic decisions in real-time.
NEARMOTION is an innovative technology company specializing in indoor navigation solutions through interactive digital maps and augmented reality (AR). Their state-of-the-art platform empowers users to navigate complex indoor environments, like malls, airports, and large corporate campuses, with ease and precision. By harnessing the power of AR, NEARMOTION enhances the user experience, overlaying digital information onto the physical world to guide visitors directly to their destinations. Their services are designed not only for wayfinding but also for engaging customer interactions, offering businesses a unique tool to connect with their audience. As a leader in the indoor navigation space, NEARMOTION is at the forefront of blending the digital with the physical, providing intuitive and seamless experiences for users worldwide.
They make studying Math as easy as watching a movie… a good one! As human beings, they are wired to learn through stories and the story structure keeps us curious and engaged. In a story they are presented first with an interesting problem that the hero is facing, then they get invested emotionally with him as he struggles to solve the problem then they feel relieved and happy when he wins at the end. Unfortunately, Math lessons are not written this way! In a Math lesson, students are first introduced to a mathematical concept that they don’t know where it came from and why is it important to know, then they are asked to use this concept to solve problems that are abstract and doesn’t mean anything to them! In Wade7.com, they are changing that! They re-write math lessons as stories and they relate them to real world applications that students use everyday. They then produce these lessons as animated videos that are not more than 3 min long each. They also provide students with a lot of exercises to solve so they can make sure they understood the lessons. Their product will have the inherited benefits of the internet. Students can access their lessons anytime anywhere. And unlike the private sessions, their lessons are very affordable and within reach for most Saudi students. On top of that, the way their lessons are produced , as animated stories, will make learning fun and easy. Students won’t feel that they are studying when they watch their videos!
IK Saudi is Saudi JV -based Company and has a manufacturing facility at Dammam second industrial city, IK-Saudi vision to be the premier pipe & pipeline intervention solutions & technologies in Saudi and the Middle East. The company is well positioned to address the current market gap in Saudi Arabia for engineered utility scrapers and bespoke world-class solutions for pipelines in Saudi Arabia and the Middle East.(Hot tapping, Hot Bolting, Hydrostatic Testing , Sub Sea Turn around and repair solutions.
Saferoad had led Middle East market with their innovative Telematics solutions, which go beyond managing fleets and their maintenance costs, up to optimize drivers’ utilization, ensure drivers safety, and help companies to reduce the OPEX and insurance expenses. The primary goal of Saferoad is to reduce accident number and to help the drivers in Saudi Arabia to enhance their driving behavior. The effective contribution of Saferoad technologies in regional economy let the company get many awards like IQPC, Arabian Venture Forum, Forbes, TechTour.
Geophysical Equipment Factory Based on the fact that seismic is one of the most reliable and commonly used technologies in the oil and petroleum industry, and supported by 10 years experience in seismic and data acquisition and data collection management by the Saudi geophysical consulting office, the idea of opening the geophysical equipment factory limited was born The geophysical equipment factory limited in association with Saudi geophysical aims to develop, produce and provide the local and Middle East market with the required geophysical equipment and material to enable smooth seismic processing with professional equipment, locally made yet with international standards The factory is located in the newly al Rubain Iindustrial Area, Azizia road, Al Khobar and it operates over 2000 sq meters.
OrderMe offers high end technology solutions and smart navigation solutions to the smallest independent restaurants and the largest QSR chains.
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