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.

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 an innovative company focused on transforming the satellite telecommunications sector by providing a universal plug-and-play solution for Internet-of-Things (IoT) connectivity. The company is building a global satellite constellation specifically designed for IoT and machine-to-machine communication, targeting industries such as Oil & Gas, Maritime, Industry 4.0, consumer IoT, and Transport. OQ Technology's services facilitate the management and tracking of assets in remote areas through applications like digital oilfield monitoring, asset tracking, fleet management, smart metering, and predictive maintenance. By offering low-cost connectivity solutions and high-value data analytics, the company enables organizations to achieve reliable communication in challenging environments. Their wireless technology, developed in collaboration with the Luxembourg government and the European Space Agency, is compatible with existing wireless systems, featuring easy installation and long battery life, allowing seamless integration with cloud data services.

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 is a company based in Thuwal, Saudi Arabia, specializing in sustainable agriculture solutions tailored for saltwater and desert environments. It focuses on developing innovative technologies that enhance produce cultivation while conserving water and energy. The company offers a range of products and services, including technical consultancy, design, and project management for greenhouse and hydroponic farming systems. With its patent-pending technology, Red Sea Farms aims to enable farms to produce higher quality food more efficiently, ultimately increasing profitability in an environmentally sustainable manner.

WakeCap Technologies

Venture Round in 2022
WakeCap Technologies offers an IoT-driven platform designed to enhance safety and productivity in construction sites. The company connects materials, equipment, and workers via IoT sensors, providing real-time field reporting and automated analytics. This enables construction firms to optimize resource allocation, monitor worker presence, and make data-driven decisions to improve operations and safety.

Lamaa

Seed Round in 2021
Lamaa is a financial technology company based in Riyadh, Kingdom of Saudi Arabia, specializing in providing innovative solutions for small and medium enterprises (SMEs). The company offers a range of software and online tools designed to streamline banking and tax processes, thereby enhancing operational efficiency. Additionally, Lamaa provides invoice financing services, facilitating supply chain finance without the need for promissory notes. This approach aims to improve SMEs' access to financial resources, promoting their inclusion in the broader financial ecosystem. By enabling more effective working capital management for suppliers, Lamaa helps businesses maximize their treasury returns.

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 facilitating connections between content creators and advertisers, Mohtwize aims to enhance the value of Arabic podcasts, transforming them into vibrant assets. Through its content creators program, the company ensures that listeners have access to high-quality podcast content, thereby contributing to the growth of the podcasting landscape in the Arabic-speaking community.

Joi Gifts

Series A in 2021
Joi Gifts is a retail company based in the United Arab Emirates, specializing in an extensive range of gift items through its online platform. Founded in 2015, Joi Gifts offers gifts for various occasions, including Christmas, birthdays, anniversaries, corporate events, and romantic gestures. The company's product lineup includes flowers, cakes, gourmet items, gift bundles, balloons, and personalized gifts, with a focus on same-day delivery in major metropolitan areas. Additionally, Joi Gifts provides experience gifts such as access to amusement parks and salons, enhancing the gift-giving experience. The company's mission is to bring joy through thoughtful gift selection, making it easier for individuals to celebrate special moments with their loved ones.

Ir4Lab

Seed Round in 2021
Ir4Lab is a blockchain technology start-up that provides innovative solutions to help corporations detect fraudulent resumes and verify professional qualifications. The company specializes in the integration of blockchain, the internet of things, and artificial intelligence, offering a range of services that include consulting, system integration, digital transformation, and education. By leveraging advanced technologies, Ir4Lab aims to enhance business efficiency and support the creation of robust business frameworks for its clients.

Red Sea Farms

Series A in 2021
Red Sea Farms is a company based in Thuwal, Saudi Arabia, specializing in sustainable agriculture solutions tailored for saltwater and desert environments. It focuses on developing innovative technologies that enhance produce cultivation while conserving water and energy. The company offers a range of products and services, including technical consultancy, design, and project management for greenhouse and hydroponic farming systems. With its patent-pending technology, Red Sea Farms aims to enable farms to produce higher quality food more efficiently, ultimately increasing profitability in an environmentally sustainable manner.

FalconViz

Venture Round in 2021
FalconViz LLC is a Saudi Arabian company founded in 2015, specializing in 3D surveying and mapping services. Utilizing advanced technologies developed at KAUST, FalconViz offers a range of services that include aerial scanning with autonomous drones, real-time data processing, and the generation of interactive 3D models. Their solutions cater to various sectors, including urban and rural planning, industrial engineering, construction, structural inspections, cultural heritage reconstruction, and emergency response planning. The company is recognized for its ability to fill technological gaps in digital transformation, providing clients with accurate and reliable data for strategic decision-making. FalconViz’s team comprises specialized geo-engineers and spatial computing experts, who leverage a fleet of aerial drones and terrestrial scanning systems to deliver comprehensive digital asset solutions.

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 specializing in artificial intelligence-based traffic enforcement solutions, founded in 2017 and headquartered in Mecca, Saudi Arabia. It develops advanced traffic camera systems that utilize computer vision and deep learning to monitor and analyze traffic violations, including dangerous driving behavior. Hazen.ai's products, such as traffic violation monitors and vehicle motion tracking software, are designed to assist enforcement organizations in efficiently identifying and addressing various moving violations. By leveraging cutting-edge video analysis technology, the company's systems aim to enhance road safety and ultimately save lives.

GetMuv

Convertible Note in 2021
GetMuv is a Jeddah-based company established in 2017 that offers a mobile and web application designed to enhance the practice of sports in an engaging way. One of its key products, 1Pass, targets corporate wellness by allowing verified employees to access any gym with a single membership. This innovative approach enables users to enjoy flexible and convenient fitness options while promoting healthier lifestyles within organizations.

Ynmo

Seed Round in 2021
Ynmo is a pioneering digital solution that enhances the quality of care and educational services for individuals with special needs. It operates a bilingual platform that allows service providers, such as schools, centers, and clinics, to create and monitor personalized treatment plans. The platform features a comprehensive assessment system and offers access to thousands of customizable goals with clear instructions, enabling real-time tracking of individual performance. Additionally, Ynmo's mobile application assists families in screening their children for various developmental issues, including autism and language delays, utilizing tools like MCHAT, CDI, and ASQ3. By facilitating tailored educational and care strategies, Ynmo aims to support the growth and development of disabled individuals effectively.

Averos

Venture Round in 2020
Averos is a developer of advanced tracking and sensing technology that specializes in Real-Time Location Systems (RTLS) and Location-Based Systems (LBS). The company's innovative solutions enable organizations to achieve comprehensive and real-time awareness of their environments, customers, staff, and assets. By offering both standard and customized solutions, Averos effectively addresses the specific needs of its clients, facilitating seamless integration with existing enterprise systems. Their range of offerings includes systems for visitor tracking and management, as well as indoor positioning and navigation. Through its technology, Averos provides tracking and analytics services across various sectors, including logistics, travel, retail, and security, empowering businesses to enhance operational efficiency and strengthen their market positioning.

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, established in 2018 and headquartered in Jeddah, Saudi Arabia, specializes in developing a web and mobile platform for amateur football enthusiasts. This platform enables users to discover, join, or organize games, rate player performances, climb rankings, and monitor their own progress. It aggregates sports information, including player ratings, club details, and field bookings, providing a comprehensive hub for users to engage with the sport.

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 helping enterprises deploy AI at scale through its online software platform. Among its offerings are UnitX Sentient, which accelerates AI initiatives, UnitX Maestro, which facilitates digital transformation through on-premise and edge-to-cloud integration, and UnitX RapidSim, which provides on-demand supercomputing for virtual prototyping. Additionally, UnitX automates safety and security monitoring at industrial sites using its patent-pending AI platform, Vizard. This platform leverages sensor data and video analytics to deliver real-time insights for health, safety, and environmental (HSE) managers, detecting hazards and monitoring restricted zones. UnitX serves multiple industries including finance, healthcare, and manufacturing, and is recognized for its commitment to responsible AI practices, holding ISO certification and endorsements from SDAIA and NVIDIA.

Sadeem

Series A in 2019
Sadeem Technology is a pioneering company based in Thuwal, Saudi Arabia, specializing in innovative wireless sensing solutions for urban environments. Founded in 2016, Sadeem develops a multi-patented system that monitors critical factors such as floods, traffic, weather, and air quality. The company employs a network of solar-powered sensors that can be easily installed in urban areas and drainage systems, functioning in a plug-and-play manner. These sensors work in conjunction with mobile applications and visualization tools to provide real-time data, enhancing disaster management efforts and helping to mitigate the impacts of floods and traffic congestion. Sadeem's holistic approach aims to save lives and reduce economic losses associated with environmental challenges.

Hazen.ai

Seed Round in 2019
Hazen.ai is a company specializing in artificial intelligence-based traffic enforcement solutions, founded in 2017 and headquartered in Mecca, Saudi Arabia. It develops advanced traffic camera systems that utilize computer vision and deep learning to monitor and analyze traffic violations, including dangerous driving behavior. Hazen.ai's products, such as traffic violation monitors and vehicle motion tracking software, are designed to assist enforcement organizations in efficiently identifying and addressing various moving violations. By leveraging cutting-edge video analysis technology, the company's systems aim to enhance road safety and ultimately save lives.

Averos

Seed Round in 2019
Averos is a developer of advanced tracking and sensing technology that specializes in Real-Time Location Systems (RTLS) and Location-Based Systems (LBS). The company's innovative solutions enable organizations to achieve comprehensive and real-time awareness of their environments, customers, staff, and assets. By offering both standard and customized solutions, Averos effectively addresses the specific needs of its clients, facilitating seamless integration with existing enterprise systems. Their range of offerings includes systems for visitor tracking and management, as well as indoor positioning and navigation. Through its technology, Averos provides tracking and analytics services across various sectors, including logistics, travel, retail, and security, empowering businesses to enhance operational efficiency and strengthen their market positioning.

GetMuv

Seed Round in 2019
GetMuv is a Jeddah-based company established in 2017 that offers a mobile and web application designed to enhance the practice of sports in an engaging way. One of its key products, 1Pass, targets corporate wellness by allowing verified employees to access any gym with a single membership. This innovative approach enables users to enjoy flexible and convenient fitness options while promoting healthier lifestyles within organizations.

Shiftah

Seed Round in 2017
Shiftah is a mobile application and online platform that connects companies and organizations with car owners willing to wrap their vehicles in advertisements. This innovative approach allows car owners to earn additional income effortlessly by simply driving their daily routes with the wrapped ads. For businesses, Shiftah offers an affordable and effective outdoor advertising solution, providing a high level of brand exposure and impressions. The platform enables clients to monitor and track their advertising campaigns in real-time, ensuring they can assess the effectiveness of their marketing efforts while fostering an income-generating opportunity for 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 company aims to be a comprehensive online beauty destination, allowing customers to explore and purchase a wide variety of luxury fragrances and beauty items from a single source. One of the platform's standout features is its application, which enables users to virtually try on products before making a purchase, enhancing the shopping experience. Through its commitment to genuine products and customer satisfaction, Golden Scent has established itself as a key player in the online beauty market.

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 specializes in providing fixed and mobile calibration services for liquid and flow meters. The company operates an independent calibration facility that adheres to operational standards, ensuring clients receive accurate flow measurement, verification, and calibration services. Its offerings include meter verification, measurement consultancy, and skid design and fabrication, all aimed at meeting the specific operational requirements of its clients. By focusing on precise engineering for meter calibrations, Arabian Calibration Company supports businesses in achieving reliable and efficient measurement solutions.

Arabian Robotics

Seed Round in 2017
Arabian Robotics specializes in designing and developing advanced robotics technologies for industrial applications, particularly in the oil, gas, and petrochemical sectors. The company offers competitive robotic inspection and non-destructive testing services, including ultrasonic thickness testing, pipe, tank, and vessel inspections. Through collaboration with key international partners, Arabian Robotics focuses on the continuous development of effective technologies that ensure reliable and affordable inspection solutions for its clients.

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 is a Saudi Arabian company founded in 2015, specializing in 3D surveying and mapping services. Utilizing advanced technologies developed at KAUST, FalconViz offers a range of services that include aerial scanning with autonomous drones, real-time data processing, and the generation of interactive 3D models. Their solutions cater to various sectors, including urban and rural planning, industrial engineering, construction, structural inspections, cultural heritage reconstruction, and emergency response planning. The company is recognized for its ability to fill technological gaps in digital transformation, providing clients with accurate and reliable data for strategic decision-making. FalconViz’s team comprises specialized geo-engineers and spatial computing experts, who leverage a fleet of aerial drones and terrestrial scanning systems to deliver comprehensive digital asset solutions.

Virtual Vision

Series A in 2016
Virtual Vision is a provider of innovative IT solutions, specializing in business technologies tailored to meet the specific needs of clients. The company focuses on offering computational capability as a service, delivering a range of products and solutions designed to address IT costs and enhance operational efficiency. Virtual Vision's offerings include application infrastructure, cloud services, and managed and professional services, allowing clients to access local hosting options in both public and private cloud environments. Through its comprehensive portfolio, the company aims to support businesses in optimizing their IT infrastructure while reducing expenses.

FalconViz

Equity Crowdfunding in 2016
FalconViz LLC is a Saudi Arabian company founded in 2015, specializing in 3D surveying and mapping services. Utilizing advanced technologies developed at KAUST, FalconViz offers a range of services that include aerial scanning with autonomous drones, real-time data processing, and the generation of interactive 3D models. Their solutions cater to various sectors, including urban and rural planning, industrial engineering, construction, structural inspections, cultural heritage reconstruction, and emergency response planning. The company is recognized for its ability to fill technological gaps in digital transformation, providing clients with accurate and reliable data for strategic decision-making. FalconViz’s team comprises specialized geo-engineers and spatial computing experts, who leverage a fleet of aerial drones and terrestrial scanning systems to deliver comprehensive digital asset solutions.

NEARMOTION

Seed Round in 2016
NEARMOTION is a technology company focused on indoor navigation solutions, leveraging interactive digital maps and augmented reality (AR) to enhance user experiences in complex environments such as malls, airports, and corporate campuses. Their innovative platform allows users to navigate these spaces with precision, overlaying digital information onto the physical world to direct visitors seamlessly to their destinations. In addition to wayfinding capabilities, NEARMOTION's software includes features for customer engagement, offering businesses tools to connect with their audience through effective marketing and tracking services. By combining digital and physical elements, NEARMOTION is positioned as a leader in the indoor navigation industry, providing intuitive solutions that facilitate customer acquisition and enhance interactions.

Wade7

Series A in 2015
Wade7 is an educational platform focused on transforming the learning experience for mathematics and physics. By reimagining traditional lessons as engaging stories, the company aims to capture students' interest and enhance their understanding of complex concepts. Each lesson is presented as a short animated video, typically lasting no more than three minutes, which relates mathematical and physical principles to real-world applications. This innovative approach not only makes learning enjoyable but also accessible, as students can access the content anytime and anywhere. In addition to the video lessons, Wade7 provides exercises to reinforce understanding, ensuring that students can apply what they have learned. By offering affordable educational resources, Wade7 seeks to reach a broad audience of Saudi students, making quality education more attainable.

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 manufacture of exploration and geophysical equipment tailored for the oil and petroleum industry. Established to meet the growing demand for reliable seismic technologies, the company leverages over a decade of experience in seismic data acquisition and management. The factory, which spans over 2,000 square meters in the Al Rubain Industrial Area, focuses on producing a variety of geophysical products, including cables, geophone connectors, and other essential accessories, all designed to adhere to international standards. By offering locally manufactured equipment, Geophysical Equipment Factory aims to enhance seismic processing capabilities for clients in the local and Middle Eastern markets.

OrderMe

Convertible Note in 2014
OrderMe is a technology company that provides advanced solutions and smart navigation systems tailored for both independent restaurants and large quick-service restaurant (QSR) chains. Its food delivery platform simplifies the processes of discovering, ordering, and delivering food, ensuring a seamless experience for users. The platform integrates with existing point-of-sale systems, allowing restaurants to start receiving customer orders almost immediately. By leveraging big data, OrderMe automates the entire order process, from initiation to delivery, while collecting valuable data insights. This enables clients to enhance their delivery capabilities, reduce operational costs, and improve overall service quality, ensuring that customers receive their orders promptly.
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