Saudi Aramco Entrepreneurship Ventures

Saudi Aramco Entrepreneurship Ventures, through its venture capital arm Wa’ed Ventures, aims to ignite the spirit of entrepreneurship in Saudi Arabia by providing development and financial support to entrepreneurs. By offering business incubation, coaching, training, seed funding, non-collateral loans, and venture capital investment, the organization supports the growth of small- and medium-sized enterprises to diversify the Kingdom’s economy. Wa’ed Ventures collaborates with key players to create an effective entrepreneurship ecosystem, promoting economic growth, job creation, and technological advancement in sectors such as ICT, energy, manufacturing, healthcare, and services. With a focus on seed, early, and growth stage businesses, the organization typically invests $3-5 million over 2-3 rounds of financing, seeking minority shareholding in high potential companies to fuel economic development in Saudi Arabia.

Ziad Abdulaal

Investment Manager

Khalil A. Al-Shafei

CEO and Managing Director

Wassim Basrawi

Managing Director

Trey Goede

Investment Manager

48 past transactions

Ori Industries

Convertible Note in 2024
Ori Industries 1 Limited is a technology company headquartered in London, United Kingdom, specializing in multi-access edge-computing platforms. Founded in 2018, the company enables developers to deploy applications and services across various mobile operators' edge nodes. Ori Industries focuses on providing a robust AI infrastructure, combining high-performance GPU computing with a flexible software layer designed to optimize resource utilization. By facilitating seamless access to essential infrastructure, Ori empowers teams to train, serve, and scale their AI models effectively. This integration of software and hardware aims to transform the landscape of AI development, supporting innovations that drive the future of technology.

Terra Drone

Series C in 2023
Terra Drone, based in Tokyo, is a manufacturer of drones and software that offers a variety of drone services, including civil engineering surveying, mine surveying, and facility inspections. The company provides industrial drone services such as aerial photography, data analysis, and operation management, both within Japan and internationally. Terra Drone specializes in inspecting complex job sites in sectors like construction, oil and gas extraction, and agriculture. By leveraging advanced drone technology, the company enables clients to efficiently collect, analyze, and interpret data related to significant infrastructural projects, thereby enhancing operational effectiveness and safety.

PASQAL

Series B in 2023
Pasqal SAS, founded in 2019 and headquartered in Paris, France, specializes in the manufacture of quantum information processors utilizing atomic arrays. The company focuses on developing full-stack quantum computing technology that simulates complex phenomena to facilitate scientific discovery. Its innovative approach employs qubits made of neutral atoms organized in large two-dimensional and three-dimensional arrays, which enables analog computing. This technology addresses a variety of challenges, including optimization, drug discovery, and machine learning, empowering organizations to tackle complex problems across these fields.

Manafa

Series A in 2022
MANAFA is a fintech and investment company established in 2018 and headquartered in Riyadh, Saudi Arabia. It operates an online marketplace that facilitates equity investments in innovative, early-stage companies, primarily targeting small and medium-sized enterprises and entrepreneurs. MANAFA provides sophisticated investors with free access to direct investment opportunities, diligence tools, and industry data insights, thereby democratizing access to a previously challenging asset class. The platform streamlines the investment process by digitizing it and employing advanced technical solutions to expedite the acceptance of financing requests, making it an efficient resource for both investors and entrepreneurs seeking to connect with a network of knowledgeable backers.

ELEVATUS

Series A in 2022
Hire at enterprise scale without enterprise complexity. Since 2019, Elevatus has been rigorously implementing the latest in AI technology and modern science to design award-winning recruiting solutions that are revolutionizing the future of HR. Through these solutions, hundreds of companies from all over the world have been able to hire and assess over 1 million candidates to date. Elevatus helps enterprises, industry giants, startups, and brands from all around the globe centralize their core HR processes under one unified umbrella – to create a faster and more cost-efficient hiring experience. Today, Elevatus is a multi-award-winning software company headquartered in Saudi Arabia; with a growing client base, first-class awards, and legions of talented people in our team.

OQ Technology

Series A in 2022
OQ TECHNOLOGY is focused on revolutionizing the satellite telecommunications sector by offering a universal plug-and-play solution for Internet-of-Things (IoT) connectivity. The company is developing a global satellite constellation specifically for IoT and machine-to-machine communications, targeting industries such as Oil & Gas, Maritime, Industry 4.0, and Transport. Their services facilitate effective management and tracking of assets in remote locations through applications like digital oilfields, offshore monitoring, and fleet management. By providing innovative, low-cost connectivity options along with high-value data analytics, OQ TECHNOLOGY enhances operational efficiency for its clients. The company's wireless technology, developed in partnership with the Luxembourg government and the European Space Agency, is designed for compatibility with existing systems, ensuring ease of installation and long battery life for devices that connect directly to data clouds.

Wahed

Series B in 2022
Wahed Invest is a financial technology company focused on providing an ethics-driven investment platform specifically designed for Muslim investors. The company offers a user-friendly digital platform that facilitates access to a range of Shariah-compliant investment products, including managed portfolios, venture investments, and real estate opportunities. Wahed Invest utilizes a fully automated system coupled with customized financial optimization algorithms to serve individuals seeking alternatives to traditional banking solutions. By adhering to strict Islamic principles, the company ensures that its investment offerings align with the ethical and religious values of its users, fostering confidence in the integrity of their financial decisions.

Red Sea Farms

Venture Round in 2022
Red Sea Farms, based in Thuwal, Saudi Arabia, specializes in sustainable agriculture solutions tailored for arid environments. The company focuses on developing innovative technologies that enable greenhouse and hydroponic farms to cultivate high-quality produce while minimizing water and energy consumption. This approach not only enhances food production efficiency but also promotes sustainability and cost savings for farmers. In addition to its proprietary technologies, Red Sea Farms offers consultancy services, providing expert technical advice on the design and project management of saltwater-based and desert agricultural systems. Through its diverse range of products and services, the company aims to address the challenges of agriculture in water-scarce regions.

WakeCap Technologies

Venture Round in 2022
WakeCap Technologies specializes in IoT-based solutions aimed at enhancing safety and productivity within the construction industry. The company provides a platform that allows construction firms to monitor and report on various site activities in real-time, including the tracking of materials, equipment, and workforce presence. By utilizing Internet-of-Things sensors and real-time data analytics, WakeCap empowers construction companies to optimize resource allocation, improve operational efficiency, and make informed decisions based on valuable insights. This innovative approach helps streamline processes, thereby transforming workforce management and contributing to safer and more productive construction environments.

Lamaa

Seed Round in 2021
Lamaa is a financial technology company based in Riyadh, Saudi Arabia, that focuses on providing solutions for small and medium enterprises (SMEs). The company specializes in invoice financing services and offers software and online tools designed to manage banking and tax processes. By facilitating supply chain finance without the need for promissory notes, Lamaa enhances the financial inclusion of SMEs, allowing them to optimize working capital management for suppliers. This approach supports corporations in maximizing their treasury returns while streamlining their financial operations.

Qreeb

Seed Round in 2021
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 كيورا

Series A in 2021
Cura is a telemedicine company that connects patients with licensed doctors through its platform, allowing users in Saudi Arabia to access teleconsultations across approximately 200 medical specialties. Since its launch in 2016, Cura has enhanced its services to enable users to receive diagnoses based on international standards and obtain e-prescriptions for themselves or their family members. The platform facilitates consultations through various media, including pictures, videos, and audio recordings, ensuring that patients can follow up on their healthcare needs without the constraints of time or distance. Users can also pay for services using their health insurance, further streamlining the process of accessing medical care.

Fathom

Venture Round in 2021
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.

Mohtwize

Seed Round in 2021
Mohtwize is a podcast technology developer focused on creating a sustainable business model for podcasts, particularly in the Arabic language. The company provides a range of services, including audio production, content writing, editing, and hosting. By bridging the gap between content creators and advertisers, Mohtwize aims to transform Arabic podcasts into valuable assets. Its content creators program enhances the quality of podcasts, ensuring that listeners receive engaging and professionally produced content.

Joi Gifts

Series A in 2021
Joi Gifts is an online retail platform specializing in a diverse range of gift items suitable for various occasions, including Christmas, birthdays, anniversaries, and corporate events. Founded in 2015 and based in the United Arab Emirates, the company offers an extensive selection of products such as flowers, cakes, gourmet gift baskets, balloons, personalized items, and experience gifts like amusement park visits and salon services. Known for its commitment to quality and customer satisfaction, Joi Gifts provides same-day delivery in major metropolitan areas, ensuring a seamless and memorable gift-giving experience.

Ir4Lab

Seed Round in 2021
ir4lab is a blockchain technology start-up that focuses on providing innovative solutions to help corporations identify fraudulent resumes and professional qualifications. The company specializes in various advanced technologies, including blockchain, the Internet of Things, and artificial intelligence. In addition to its core offerings, ir4lab provides consulting services, system integration, and digital transformation support, aimed at enhancing business efficiency and fostering local content development. Through its expertise, ir4lab assists clients in accelerating business creation and implementing effective technological strategies.

Red Sea Farms

Series A in 2021
Red Sea Farms, based in Thuwal, Saudi Arabia, specializes in sustainable agriculture solutions tailored for arid environments. The company focuses on developing innovative technologies that enable greenhouse and hydroponic farms to cultivate high-quality produce while minimizing water and energy consumption. This approach not only enhances food production efficiency but also promotes sustainability and cost savings for farmers. In addition to its proprietary technologies, Red Sea Farms offers consultancy services, providing expert technical advice on the design and project management of saltwater-based and desert agricultural systems. Through its diverse range of products and services, the company aims to address the challenges of agriculture in water-scarce regions.

FalconViz

Venture Round in 2021
FalconViz LLC, founded in 2015 and based in Thuwal, Saudi Arabia, specializes in 3D surveying and mapping services using advanced aerial and terrestrial scanning technologies. The company employs autonomous multirotor copters to conduct 3D aerial scanning, offering real-time processing of image, orientation, and positioning data. FalconViz produces interactive 3D models, which serve various sectors including urban planning, industrial engineering, construction, cultural heritage reconstruction, and emergency response. Additionally, the company supports commercial projects such as advertisement and motion picture asset generation. By leveraging patented technologies developed at KAUST, FalconViz contributes to digital transformation in Saudi Arabia, providing clients with accurate, timely data to enhance decision-making and strategic planning.

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.ai

Seed Round in 2021
Hazen.ai is a company based in Mecca, Saudi Arabia, that specializes in developing artificial intelligence-driven traffic enforcement software. Founded in 2017, Hazen.ai creates advanced traffic camera systems that utilize computer vision and deep learning algorithms to monitor and analyze traffic violations. Their products, including a traffic violations monitor and a traffic spot and turn counter, are designed to identify dangerous driving behaviors by processing video footage. By providing enforcement organizations with accurate data and analytics, Hazen.ai aims to enhance road safety and assist in the efficient management of traffic violations.

GetMuv

Convertible Note in 2021
GetMuv is a mobile and web application based in Jeddah, Saudi Arabia, founded in 2017. It aims to enhance the practice of sports by making it more entertaining and accessible. The application has gained popularity as the leading sports platform in the Kingdom, offering a variety of engaging sports activities for individuals and families. GetMuv's services cater to users looking for enjoyable sports experiences without the need for formal participation, ensuring that they can engage in activities at nearby and quality venues. The platform is supported by relevant sporting authorities, which enhances its credibility and reach in the market.

Ynmo

Seed Round in 2021
Ynmo is a pioneering digital solution focused on enhancing care and educational services for individuals with special needs. It provides a bilingual platform that allows service providers, such as schools, centers, and clinics, to create and monitor personalized treatment plans. The platform includes a mobile app that offers families the ability to screen their children for various developmental concerns, including Autism and language delays, using established screening tools. Additionally, Ynmo's platform features a comprehensive assessment system and access to thousands of customizable goals, all presented with clear instructions. This enables the continuous tracking of individual performance, promoting effective learning and growth for disabled individuals.

Averos

Venture Round in 2020
Averos specializes in advanced tracking and sensing technology, offering solutions that enhance real-time situational awareness for businesses and their customers. Its products, including Real-Time Location Systems, Visitor Tracking and Management Systems, and Indoor Positioning and Navigation Systems, are designed to improve operational efficiency and market positioning across various sectors, such as logistics, travel, retail, and security. Averos provides both standard and customized solutions tailored to meet the specific needs of its clients, facilitating seamless integration with existing enterprise systems. Through its innovative technology, Averos enables organizations to effectively monitor their environments, staff, and valuable assets.

Wahed

Venture Round in 2020
Wahed Invest is a financial technology company focused on providing an ethics-driven investment platform specifically designed for Muslim investors. The company offers a user-friendly digital platform that facilitates access to a range of Shariah-compliant investment products, including managed portfolios, venture investments, and real estate opportunities. Wahed Invest utilizes a fully automated system coupled with customized financial optimization algorithms to serve individuals seeking alternatives to traditional banking solutions. By adhering to strict Islamic principles, the company ensures that its investment offerings align with the ethical and religious values of its users, fostering confidence in the integrity of their financial decisions.

Grintafy

Seed Round in 2020
Grintafy Technologies operates a talent discovery platform designed specifically for amateur footballers. The company aggregates a wide range of sports-related information, allowing users to access data about player ratings, service providers, clubs, and scouts. Grintafy's platform enables users to track important statistics such as goals, assists, and wins, while also providing the functionality to browse and book available football fields. This comprehensive approach aims to enhance the experience for both players and clubs in the amateur football sector.

UnitX

Seed Round in 2019
UnitX Technologies is an artificial intelligence and supercomputing company based in Thuwal, Saudi Arabia, founded in 2018. The company specializes in deploying AI at scale for various industries, including finance, government, retail, healthcare, and manufacturing. It offers a range of products and services through its online software platform, such as UnitX Sentient for accelerating AI initiatives, UnitX Maestro for digital transformation with cloud integration, and UnitX RapidSim for on-demand supercomputing aimed at virtual prototyping. Additionally, UnitX automates safety and security monitoring at industrial sites using its patent-pending AI platform, Vizard, which analyzes sensor data and video analytics to provide real-time insights for health, safety, and environmental (HSE) managers. This platform enhances worker safety by detecting hazards and monitoring restricted zones, thereby reducing incident risks and operational costs. UnitX is recognized for its commitment to responsible AI and ethics and holds ISO certification.

Sadeem

Series A in 2019
Sadeem Technology specializes in developing innovative wireless sensing devices aimed at monitoring urban environments for flood, traffic, weather, and air quality. Founded in 2016 and based in Thuwal, Saudi Arabia, the company provides a unique early detection and monitoring system that integrates a network of solar-powered sensors, mobile applications, and visualization tools. These sensors are designed for easy installation in urban areas and drainage systems, functioning in a plug-and-play manner. Sadeem’s multi-patented system enables real-time communication and data visualization, assisting users in mitigating the impacts of floods and reducing traffic congestion. This comprehensive approach not only aims to enhance disaster management but also strives to save lives and minimize economic losses associated with environmental challenges.

Hazen.ai

Seed Round in 2019
Hazen.ai is a company based in Mecca, Saudi Arabia, that specializes in developing artificial intelligence-driven traffic enforcement software. Founded in 2017, Hazen.ai creates advanced traffic camera systems that utilize computer vision and deep learning algorithms to monitor and analyze traffic violations. Their products, including a traffic violations monitor and a traffic spot and turn counter, are designed to identify dangerous driving behaviors by processing video footage. By providing enforcement organizations with accurate data and analytics, Hazen.ai aims to enhance road safety and assist in the efficient management of traffic violations.

Averos

Seed Round in 2019
Averos specializes in advanced tracking and sensing technology, offering solutions that enhance real-time situational awareness for businesses and their customers. Its products, including Real-Time Location Systems, Visitor Tracking and Management Systems, and Indoor Positioning and Navigation Systems, are designed to improve operational efficiency and market positioning across various sectors, such as logistics, travel, retail, and security. Averos provides both standard and customized solutions tailored to meet the specific needs of its clients, facilitating seamless integration with existing enterprise systems. Through its innovative technology, Averos enables organizations to effectively monitor their environments, staff, and valuable assets.

GetMuv

Seed Round in 2019
GetMuv is a mobile and web application based in Jeddah, Saudi Arabia, founded in 2017. It aims to enhance the practice of sports by making it more entertaining and accessible. The application has gained popularity as the leading sports platform in the Kingdom, offering a variety of engaging sports activities for individuals and families. GetMuv's services cater to users looking for enjoyable sports experiences without the need for formal participation, ensuring that they can engage in activities at nearby and quality venues. The platform is supported by relevant sporting authorities, which enhances its credibility and reach in the market.

Shiftah

Seed Round in 2017
Shiftah is a mobile application and online platform that facilitates outdoor advertising by connecting companies with car owners willing to wrap their vehicles in advertisements. This innovative solution allows car owners to earn additional income effortlessly, as they simply drive their cars as usual with the ads displayed. For businesses, Shiftah offers an affordable means of gaining significant exposure and impressions for their brands. The platform also enables advertisers to monitor and track their campaigns in real-time, making it easier to assess the effectiveness of their advertising efforts. By leveraging a network of crowdsourced car owners, Shiftah creates a win-win situation, benefiting both advertisers and participants.

Golden Scent

Series A in 2017
Golden Scent is an e-commerce platform based in Dammam, Saudi Arabia, specializing in branded perfumes, cosmetics, skincare, and hair products. Founded in 2014, the platform serves as an online beauty destination where customers can access a wide variety of luxury fragrances and beauty items from a single source. Notably, Golden Scent features an application that allows users to virtually try on products before making a purchase, enhancing the shopping experience and ensuring customer satisfaction. The company focuses on providing genuine beauty products, making it a reliable choice for consumers seeking quality in their beauty purchases.

Sihatech

Series A in 2017
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

Bio Organic Standard Company

Series A in 2017
Bio Organic Standard Company

WalaPlus

Seed Round in 2017
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

Series A in 2017
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 Calibration Company

Series A in 2017
Arabian Calibration Company provides specialized calibration services for liquid and flow meters, offering both fixed and mobile solutions. The company operates an independent calibration facility that adheres to operational requirements, ensuring clients receive precise flow measurement, verification, and calibration services. Their offerings include meter verification, measurement consultancy, and custom skid design and fabrication, all aimed at delivering accurate engineering metrics for meter calibrations. This focus on comprehensive calibration solutions enables clients to maintain high standards in their measurement practices.

Arabian Robotics

Seed Round in 2017
Arabian Robotics specializes in the design and development of robotic inspection and non-destructive testing solutions for various industrial applications, particularly within the oil, gas, and petrochemical sectors. The company offers a range of services, including ultrasonic thickness testing, pipe inspection, tank inspection, and vessel inspection. By collaborating with key international partners, Arabian Robotics continuously enhances its technologies to deliver reliable and cost-effective inspection services. This focus on innovation enables the company to meet the diverse needs of its clients while ensuring high standards in industrial safety and efficiency.

PayTabs

Series B in 2017
PayTabs is a payment processing and fraud prevention company designed to facilitate seamless online transactions for businesses and consumers. It offers a robust payment gateway that integrates with merchant websites, allowing for quick deposit of payments. The company's services include digital invoicing, payment receipt via QR codes, and secure payment links for social media, making it easier for merchants to conduct business online. By leveraging advanced technology, PayTabs aims to enhance the payment experience for both buyers and sellers, ensuring secure and efficient financial transactions.

FalconViz

Series A in 2016
FalconViz LLC, founded in 2015 and based in Thuwal, Saudi Arabia, specializes in 3D surveying and mapping services using advanced aerial and terrestrial scanning technologies. The company employs autonomous multirotor copters to conduct 3D aerial scanning, offering real-time processing of image, orientation, and positioning data. FalconViz produces interactive 3D models, which serve various sectors including urban planning, industrial engineering, construction, cultural heritage reconstruction, and emergency response. Additionally, the company supports commercial projects such as advertisement and motion picture asset generation. By leveraging patented technologies developed at KAUST, FalconViz contributes to digital transformation in Saudi Arabia, providing clients with accurate, timely data to enhance decision-making and strategic planning.

Virtual Vision

Series A in 2016
Virtual Vision is a provider of innovative IT solutions, specializing in business technologies designed to meet the diverse needs of its clients. The company focuses on offering computational capability as a service, which includes application infrastructure, cloud services, and managed and professional IT services. By delivering a comprehensive portfolio of products and solutions, Virtual Vision aims to help businesses reduce their IT costs while ensuring access to both public and private cloud hosting services.

FalconViz

Equity Crowdfunding in 2016
FalconViz LLC, founded in 2015 and based in Thuwal, Saudi Arabia, specializes in 3D surveying and mapping services using advanced aerial and terrestrial scanning technologies. The company employs autonomous multirotor copters to conduct 3D aerial scanning, offering real-time processing of image, orientation, and positioning data. FalconViz produces interactive 3D models, which serve various sectors including urban planning, industrial engineering, construction, cultural heritage reconstruction, and emergency response. Additionally, the company supports commercial projects such as advertisement and motion picture asset generation. By leveraging patented technologies developed at KAUST, FalconViz contributes to digital transformation in Saudi Arabia, providing clients with accurate, timely data to enhance decision-making and strategic planning.

NEARMOTION

Seed Round in 2016
NEARMOTION is a technology company that focuses on indoor navigation solutions using interactive digital maps and augmented reality. Their platform allows users to navigate complex indoor environments, such as malls, airports, and corporate campuses, with accuracy and ease. By integrating augmented reality, NEARMOTION enhances the user experience by overlaying digital information onto the physical environment, guiding visitors to their intended destinations. In addition to wayfinding, their services facilitate customer engagement by providing marketing and tracking capabilities to clients. This combination of navigation and customer interaction tools helps businesses connect effectively with their audience while promoting their products and services. NEARMOTION positions itself as a leader in the indoor navigation sector, delivering intuitive experiences that bridge the digital and physical worlds.

Wade7

Series A in 2015
Wade7 is an educational platform focused on making mathematics and physics engaging and accessible for students. By transforming traditional math and physics lessons into animated stories, Wade7 captures students' attention and fosters emotional investment in the learning process. Each lesson is framed around relatable real-world applications, helping students understand the relevance of the concepts they are learning. The platform offers short, animated videos that are no longer than three minutes, accompanied by exercises to reinforce understanding. This approach not only makes learning enjoyable but also allows students to access lessons anytime and anywhere, making it a convenient option for many, particularly in Saudi Arabia. By providing an affordable alternative to private tutoring, Wade7 aims to enhance students' educational experiences without the pressure often associated with traditional study methods.

IK Saudi

Series A in 2015
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 Information Technology

Series A in 2015
SafeRoad Co. LTD. specializes in GPS tracking hardware and software solutions aimed at enhancing safe road operations in the Middle East. Founded in 2008 and based in Khobar, Saudi Arabia, the company provides a comprehensive range of services including fleet management, individual vehicle monitoring, generator monitoring, and school bus systems. Its offerings feature real-time tracking, history tracking, geo-fencing, and notification alerts. SafeRoad's innovative telematics solutions not only focus on fleet management but also on optimizing driver utilization, ensuring driver safety, and reducing operational costs and insurance expenses for various sectors such as transportation, courier delivery, and civil contracting. The company's commitment to improving road safety and driver behavior has garnered recognition and awards from notable organizations, highlighting its significant impact on the regional economy.

Geophysical Equipment Factory

Series A in 2014
Geophysical Equipment Factory Limited, located in Al-Khobar, Saudi Arabia, specializes in the manufacturing of exploration and geophysical equipment, particularly for the oil and petroleum industry. Established with a decade of expertise in seismic and data acquisition management, the company aims to provide the local and Middle Eastern markets with high-quality geophysical tools. Their product offerings include a range of seismic equipment and accessories such as cables, pickup loops, geophone connectors, dust caps, spikes, banana pins, and carrying hasps. All products are designed to meet international standards while being locally manufactured, ensuring that clients have access to professional-grade equipment for efficient seismic processing. The factory operates from a facility spanning over 2,000 square meters in the Al Rubain Industrial Area.

OrderMe

Convertible Note in 2014
OrderMe provides advanced technology and smart navigation solutions tailored for both independent restaurants and large quick-service restaurant (QSR) chains. The company operates a food delivery platform designed to simplify the processes of discovering, ordering, and delivering food. By integrating seamlessly with existing point-of-sale (POS) systems, OrderMe allows restaurants to start receiving customer orders almost instantly. The platform leverages big data to automate the entire ordering process, enhancing efficiency and service quality. This approach helps clients increase their delivery capabilities while reducing operational costs, ultimately ensuring that customers receive their orders promptly.
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