Wa'ed Ventures is a corporate venture capital fund established in 2013 and based in Dhahran, Saudi Arabia. With a capital of $500 million, it aims to foster a robust startup ecosystem by investing in local technology-driven startups while encouraging international entrepreneurs to adapt their innovations for the Saudi market. The firm focuses on sectors such as sustainability, manufacturing, digitalization, and social innovation, contributing to the diversification and growth of the Kingdom's economy.
Techrar provides all-inclusive subscription management and orchestration solutions. By putting subscriptions at the forefront of long-term growth and offering businesses scalable, intelligent solutions to increase recurring revenue, improve customer retention, and forge stronger relationships with clients, e-commerce is being redefined.
TruBuild
Seed Round in 2025
Trubuild is an AI-driven platform - Bridging the gap between contracts and construction worlds
ClearGrid
Seed Round in 2025
ClearGrid, creating software and AI to streamline recovery and collaborate with the existing vendors.
Ori Industries
Venture Round in 2025
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.
Amwal Tech
Seed Round in 2025
Amwal Tech specializes in providing a biometric authentication platform that streamlines the payment process through a single API. Their technology integrates identity verification, fraud prevention, and payment processing, enhancing the security and efficiency of digital transactions. This solution caters to various sectors, including eCommerce, banking, and fintech, allowing businesses to authenticate and secure their customers across multiple devices and channels. By offering a frictionless 1-click checkout experience, Amwal Tech aims to improve payment acceptance and reduce the risk of fraud for financial institutions, merchants, and payment providers.
Zension
Series A in 2025
Zension is a subscription e-commerce company specializing in consumer electronics, particularly through its device warranty and after-sales service platform. The company aims to enhance the smartphone experience by offering a fully integrated solution for mobile device protection. Zension provides users with extended warranty plans for smartphones, along with various repair services, ensuring that customers have access to reliable support for their devices.
Ynmo
Venture Round in 2024
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.
Excess Materials Exchange
Series A in 2024
Excess Materials Exchange (EME) operates a digital matching platform designed to facilitate the high-value reuse of materials and waste products. The platform serves as a tool for businesses to connect and find suitable matches for their excess materials, promoting a circular economy. EME employs resources passports, tracking and tracing, and valuation tools, alongside AI-powered matchmaking, to streamline the process. By enabling companies to repurpose their waste, EME helps reduce environmental impact while addressing financial challenges associated with material disposal.
Athir
Venture Round in 2024
Athir Information Systems Technology specializes in developing and providing innovative solutions for the healthcare sector. The company offers a cloud-based Healthcare Information System (HIS) that enables entities to manage their medical services efficiently. Athir's platform aims to automate and streamline healthcare procedures, enhancing productivity and service quality. The system includes features for revenue cycle management and workflow optimization, designed to elevate the efficiency of healthcare service networks.
Rebellions
Series B in 2024
Rebellions.ai is a developer of artificial intelligence semiconductor-based solutions focused on creating AI accelerators that connect core semiconductor architectures with deep learning algorithms. The company aims to deliver domain-specific AI processors alongside optimized software, effectively bridging the gap between silicon technology and advanced AI applications. By re-architecting AI processors to integrate specialized deep learning kernels, Rebellions enables clients to utilize energy-efficient AI hardware that seamlessly integrates into their operations. This approach allows clients to maximize the potential of their silicon resources while enhancing performance in AI-driven tasks.
aiXplain
Seed Round in 2024
aiXplain focuses on making artificial intelligence and machine learning accessible to a broad audience through its no-code/low-code integrated development environment (IDE). The platform allows users to efficiently develop, manage, benchmark, experiment, and deploy AI assets without needing extensive technical expertise. By fostering a marketplace of AI resources, including data, models, pipelines, and benchmarks, aiXplain encourages users to enhance their productivity and engage with an expanding network of AI solutions. This approach not only enables enterprises to implement custom artificial intelligence systems quickly and affordably but also supports various applications such as natural language processing and speech recognition, helping organizations align AI capabilities with their specific business needs.
Tenderd
Series A in 2024
Tenderd LLC operates an on-demand marketplace for renting heavy equipment, including bulldozers and cranes, primarily serving construction and engineering companies in the Middle East and North Africa. Based in Dubai, the company connects equipment owners with contractors to facilitate rentals. Additionally, Tenderd offers an AI-driven platform that enhances fleet operations by transforming equipment data into actionable insights. This platform enables clients to monitor operations, optimize equipment use, manage fuel consumption, plan routes, and schedule maintenance, all while measuring carbon emissions. By integrating AI and analytics, Tenderd aims to improve decision-making, reduce operational costs, enhance safety, and promote environmentally sustainable practices within the industry.
Stake
Series A in 2024
Stake is a digital platform that facilitates real estate investment, allowing individuals to invest in income-generating rental properties quickly and easily. The platform aims to modernize real estate investment by making it accessible to a broader audience. Stake achieves this by breaking down properties into smaller, investable shares, thereby enabling users to purchase stakes in residential properties. This approach not only democratizes real estate investment but also enhances transparency and profitability for investors. Through its innovative model, Stake provides a streamlined way for individuals to engage in the real estate market without the complexities traditionally associated with property investment.
Abyan Capital
Series A in 2024
Developer of a robo-advisor platform designed to automate investment and saving. The company's platform provides a diversified portfolio that includes real estate, bonds, and local and international stocks for investments, enabling investors to increase their investment return.
BRKZ
Series A in 2024
BRKZ is a construction technology company that offers a comprehensive solution for contractors and builders by supplying building materials. The company aims to empower its clients by simplifying the procurement process. BRKZ provides features such as registration, request for quotation, and quotation management, allowing clients to purchase construction materials with ease. This approach addresses common challenges in the industry, including price fluctuations, delivery issues, and material availability, thereby streamlining operations for construction professionals.
Rebellions
Series B in 2024
Rebellions.ai is a developer of artificial intelligence semiconductor-based solutions focused on creating AI accelerators that connect core semiconductor architectures with deep learning algorithms. The company aims to deliver domain-specific AI processors alongside optimized software, effectively bridging the gap between silicon technology and advanced AI applications. By re-architecting AI processors to integrate specialized deep learning kernels, Rebellions enables clients to utilize energy-efficient AI hardware that seamlessly integrates into their operations. This approach allows clients to maximize the potential of their silicon resources while enhancing performance in AI-driven tasks.
Spare
Seed Round in 2023
Spare is a micro-savings application that offers tools for account information and payment initiation, aimed at enhancing financial product development. By leveraging open banking technology, Spare enables access to transaction data and personal account information, such as account names and balances, from various financial institutions. This functionality allows developers to create customized checkout experiences, facilitating improved financial management for users.
Lisan
Seed Round in 2023
Lisan is an AI writing platform offering state-of-the-art proofreading and grammar checking to help individuals who write in Arabic to maximize their productivity, create exceptional content using cutting-edge generative AI models, and automate tasks with AI accelerators.
Noon Academy
Series B in 2023
Noon Academy operates an online learning platform that focuses on enhancing educational experiences for students in the Middle East. Founded in 2013 and headquartered in Riyadh, Saudi Arabia, with offices in Cairo, Egypt, and Bengaluru, India, the platform has successfully taught 12 million students. It offers a blend of free educational content and tutoring services, allowing students to study collaboratively in groups, compete with peers, and request on-demand tutoring. The platform is designed to prepare students for various examinations, including general aptitude and achievement tests. Additionally, Noon Academy supports teachers by enabling them to build followings and earn income based on their performance and student feedback. By integrating elements of peer-to-peer learning and advanced technology, Noon Academy aims to provide equitable access to high-quality education for every student.
SpiderSilk
Venture Round in 2023
spiderSilk Security is a cybersecurity firm based in Dubai, United Arab Emirates, founded in 2019. The company specializes in simulating advanced cyberattacks to help organizations strengthen their security defenses. By combining proprietary machine-driven technology with the expertise of ethical hackers, spiderSilk enhances its capability to identify security vulnerabilities in applications across both public and internal infrastructures. Their methodologies enable impactful simulations that have potential implications for millions of individuals. In addition to its simulation services, spiderSilk offers advisory services that provide organizations with critical insights into security weaknesses and recommend best practices for improvement. The firm continuously monitors assets and attack surfaces to ensure comprehensive protection against emerging threats.
Democrance
Venture Round in 2023
Democrance is an insurance technology company based in Dubai, United Arab Emirates, founded in 2015. It specializes in developing software that facilitates the distribution, servicing, and administration of insurance policies across the Middle East and Northern Africa. The company focuses on providing insurance solutions to underinsured and uninsured populations in emerging markets, offering a range of products from micro-insurance to traditional policies. Democrance's platform enables low-income families to access life and health insurance programs conveniently through mobile devices, while also providing essential industry expertise, project management, customer management, and claim management services.
intella
Seed Round in 2023
Intella is a provider of visibility and insights that specializes in delivering real-time intelligence to businesses. The company has developed a cloud-based platform that offers on-demand consumer insights and facilitates the creation of surveys. Utilizing a proprietary algorithm, Intella extracts key findings from various market research methods, including surveys and focus groups. The platform also features analytical tools for real-time response analysis and data visualization, allowing clients to effectively engage with hard-to-reach consumer profiles. Through these capabilities, Intella enables businesses to monitor their brand equity and enhance their overall brand performance.
Mighty Buildings
Series B in 2023
Mighty Buildings, Inc. is a San Francisco-based company founded in 2017 that specializes in the manufacture of 3D printed custom homes. Utilizing advanced construction technology, the company employs 3D printing, robotics, and automation to create modular homes that aim to disrupt the residential housing market. Mighty Buildings has developed a proprietary building material known as Light Stone Material (LSM), which mimics synthetic stone and provides advantages such as faster construction, zero waste, and improved thermal regulation compared to traditional materials like concrete, wood, or steel. The company's innovative approach focuses on producing prefabricated, environmentally friendly, and climate-resilient homes, thereby facilitating smart urban development and making housing more affordable.
Mthmr
Seed Round in 2023
Mthmr is a company at the forefront of integrating fintech and advertising in the MENA region through its innovative platform, which utilizes card-linked offers driven by open banking. This platform addresses challenges faced by advertisers in targeting consumers effectively while enabling banks to enhance their reward offerings. By providing detailed insights into customer behavior, Mthmr allows advertisers to tailor their campaigns, leading to improved engagement. Simultaneously, banks can offer personalized, merchant-funded rewards that foster customer loyalty. Mthmr also focuses on helping users save on everyday purchases by identifying spending patterns and presenting relevant offers, which contribute to their savings. The company’s comprehensive approach not only aids consumers in managing their finances but also assists partners in retaining and acquiring customers, positioning Mthmr as a transformative player in the financial technology landscape.
Tenderd
Venture Round in 2023
Tenderd LLC operates an on-demand marketplace for renting heavy equipment, including bulldozers and cranes, primarily serving construction and engineering companies in the Middle East and North Africa. Based in Dubai, the company connects equipment owners with contractors to facilitate rentals. Additionally, Tenderd offers an AI-driven platform that enhances fleet operations by transforming equipment data into actionable insights. This platform enables clients to monitor operations, optimize equipment use, manage fuel consumption, plan routes, and schedule maintenance, all while measuring carbon emissions. By integrating AI and analytics, Tenderd aims to improve decision-making, reduce operational costs, enhance safety, and promote environmentally sustainable practices within the industry.
Autobia
Seed Round in 2023
Autobia is a B2B marketplace based in Dammam, Saudi Arabia, founded in 2021. The company focuses on addressing infrastructure and after-sales issues within the automotive industry. By leveraging data, Autobia connects wholesalers and resellers, providing integrated digital, operational, and logistical solutions. This platform enables clients to access spare parts trade digitally, facilitating business expansion on a global scale.
COFE App
Series B in 2023
COFE App is an online coffee marketplace designed to streamline the coffee ordering experience for enthusiasts. The application provides users with a convenient platform to order a variety of coffee beverages from both chain coffee houses and specialty roasters, catering to the diverse needs of coffee lovers. In addition to ready-to-drink options, COFE App allows users to purchase coffee beans, machines, and accessories, positioning itself as a comprehensive resource for coffee-related products. The platform offers multiple ordering options, including delivery to homes or offices, counter pickup, and car pickup services from various vendors, making it a one-stop shop for all coffee-related needs. By focusing on efficiency and accessibility, COFE App aims to enhance the daily coffee experience for its users.
Roots venture studio
Seed Round in 2023
Roots Venture Studio is an investment firm whose mission is to build ventures that address the most pressing sustainability challenges.
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.
Designhubz
Seed Round in 2023
Designhubz Inc is a San Francisco-based company that focuses on designing and developing web-based augmented reality (AR) and three-dimensional (3D) solutions specifically for eCommerce websites. By integrating advanced AR technology, Designhubz enables users to visualize and interact with 3D product designs in real-time, enhancing the online shopping experience. The company's platform also features an AI recommendation engine that analyzes user behavior and platform analytics to deliver personalized product suggestions tailored to individual preferences. This innovative approach aims to replicate the in-store shopping experience for online consumers, thereby increasing engagement and productivity for eCommerce brands.
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.
Zid زد
Series B in 2022
Zid is a cloud-based multi-channel commerce platform tailored for small and medium-sized businesses in Saudi Arabia. Founded in 2017 and headquartered in Riyadh, Zid enables merchants to create their own branded eStores while integrating with various supply chain players. The platform offers a comprehensive suite of tools that allow users to manage products and inventory, process orders and payments, ship products, and build customer relationships. It also provides analytics and reporting features, facilitating data-driven decision-making, and offers access to financing options. Zid's mission is to simplify the entry of retailers into electronic commerce, making it accessible and professional for businesses in the region.
Alteia
Venture Round in 2022
Alteia is a software company specializing in data analytics and integration solutions, primarily focused on vision-based data sources. It has developed a visual intelligence platform that facilitates enterprise artificial intelligence applications. This platform offers a comprehensive environment that delivers immediate access to unified and contextualized data, alongside high-value AI applications. By leveraging this technology, Alteia aims to empower companies to enhance their decision-making processes, ultimately contributing to more sustainable business practices.
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.
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.
Ynmo
Funding Round in 2022
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.
Grintafy
Convertible Note in 2022
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.
Squadio
Seed Round in 2022
Squadio is a Team as a Service platform based in Riyadh that connects organizations and business owners with vetted tech squads for the development and enhancement of digital products. The platform specializes in assembling remote teams of engineers and offers a range of services, including talent vetting, hiring, payroll management, and the provision of a product manager for each squad. This approach allows companies to efficiently hire qualified professionals tailored to their specific needs, facilitating effective team management and project execution.
Twinn Health
Venture Round in 2022
Twinn Health is a digital health company based in London, England, founded in 2021. The company specializes in developing healthcare tools that utilize MRI scanning and artificial intelligence to provide insights into metabolism and body composition. Its platform aims to assist healthcare professionals in early disease detection by identifying warning signs of inflammation, damage, and disease in major organs, muscles, and bones. By leveraging advanced imaging technology and AI, Twinn Health seeks to promote the early identification of health issues and extend healthy human lifespans.
Iyris
Venture Round in 2022
Iyris Advanced Desert Greenhouses specializes in agriculture glazing, focusing on enhancing crop production in the challenging climates of the Middle East. The company collaborates with leading glass manufacturers to offer ultra-clear glazing equipped with advanced anti-reflective and light diffusive coatings. Additionally, Iyris develops agroclimatic technologies that integrate climate control, plant science, and intelligent control systems. This approach aims to create sustainable food production in water-scarce regions, effectively reducing both the carbon and water footprints of local farming. By designing innovative agricultural technologies tailored for harsh environments, Iyris enables farmers to grow food with fewer resources, ultimately lowering costs and improving crop yields.
Rewaa
Series A in 2022
Rewaa is a cloud-based software company that aims to simplify e-commerce for retailers by integrating physical and online sales channels. Its platform provides a comprehensive solution for inventory management, order processing, point-of-sale systems, and invoicing, allowing retailers to manage their sales, suppliers, and invoices more efficiently. By utilizing the Rewaa Cashier System, products in physical stores are automatically listed online, ensuring that in-store inventory is seamlessly integrated with online marketplaces and the retailer's own online store. This eliminates the need for separate inventory management for online operations, reducing operational costs and simplifying logistics. Orders placed online are fulfilled from the nearest physical store, ensuring timely delivery while automatically updating inventory across all channels.
Salasa
Venture Round in 2022
Salasa is an eCommerce fulfillment company based in Riyadh, Saudi Arabia, founded in 2016. The company provides a comprehensive range of services designed to support eCommerce businesses in scaling their operations. These services include logistics management, warehousing, order processing, and return management. Salasa focuses on offering efficient pick-up and packing solutions, along with multiple shipping options, to ensure fast delivery and reduce operational costs for its clients. By streamlining the logistics value chain, Salasa enables merchants to enhance their customer experience, allowing them to concentrate on growing their brand and increasing sales.
FODEL
Series B in 2022
FODEL provides a technology platform that facilitates a network of pick-up locations, serving as an alternative to traditional home delivery. This service, the first of its kind in the GCC, connects e-commerce companies, logistics providers, and local merchants to streamline the last-mile delivery process. By doing so, FODEL enables online shoppers to receive their parcels more quickly and affordably, at times and locations that best suit their needs.
White Helmet
Seed Round in 2021
White Helmet specializes in AI and computer vision technologies tailored for the construction industry. The company has developed a cloud-based platform that allows construction firms to effectively track project progress, manage inspections, and digitally archive project data. Its comprehensive suite of tools facilitates the capturing, organizing, and sharing of construction progress information, thereby enhancing communication and collaboration among stakeholders. By streamlining workflows and providing valuable insights, White Helmet empowers customers to make informed decisions throughout the construction process.
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.
Faheem App
Venture Round in 2021
Faheem App is an e-learning platform that offers educational courses and guided tutoring classes for enthusiastic students in the community.
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.
Grintafy
Venture Round in 2021
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.
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.
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.
NEARMOTION
Pre Seed Round in 2021
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.
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.
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.
Iyris
Seed Round in 2021
Iyris Advanced Desert Greenhouses specializes in agriculture glazing, focusing on enhancing crop production in the challenging climates of the Middle East. The company collaborates with leading glass manufacturers to offer ultra-clear glazing equipped with advanced anti-reflective and light diffusive coatings. Additionally, Iyris develops agroclimatic technologies that integrate climate control, plant science, and intelligent control systems. This approach aims to create sustainable food production in water-scarce regions, effectively reducing both the carbon and water footprints of local farming. By designing innovative agricultural technologies tailored for harsh environments, Iyris enables farmers to grow food with fewer resources, ultimately lowering costs and improving crop yields.
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, 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 provides an inspection solution based on deep learning for automated manufacturing. The company specializes in deep learning, robotics, imaging systems, and precision engineering.
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.
IBOAT
Seed Round in 2019
IBOAT is a application that helps boat owners rent their boats to sea lovers with high-quality and safe trips through their smart phones.
1Pass
Venture Round in 2018
1Pass is a corporate wellness platform that focuses on enhancing employee health and wellbeing. It connects organizations with a variety of sports activities and fitness options, allowing companies to easily find and book events and classes for their employees. By offering a range of activities and flexible booking options, 1Pass enables businesses to promote a healthier lifestyle among their workforce, fostering a culture of wellness within the organization. The platform serves as a valuable resource for sports enthusiasts, providing access to sports clubs, instructors, and venues, while simplifying the process of engaging in fitness-related activities.
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.
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
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.
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.
Organic Standards
Seed Round in 2017
Organic Standards is a chemical manufacturing company that specializes in producing a range of fertilizers and organic pesticides. Its offerings include soil fertilizers, biofertilizers, liquid fungicides, and disinfectants, aimed at enhancing soil properties and increasing crop yields. The company operates an integrated plant dedicated to the production of various liquid organic fertilizers and natural soil fertilizers, which support both organic and inorganic agricultural practices. By providing these products, Organic Standards enables farmers to boost their annual income and develop organic products that meet market demands.
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.
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.
Smart Control
Venture Round in 2016
Smart Control is a company focused on developing smart home applications that aim to monitor and optimize energy consumption in residential settings. Its offerings include a variety of energy-saving solutions, smart home devices, and associated software applications. By providing these products and services, Smart Control assists clients in effectively reducing their electricity consumption, contributing to both cost savings and environmental sustainability.
FalconViz
Venture Round in 2015
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.
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.
PayTabs
Seed Round in 2014
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.
SARsatX
SARsatX specializes in Earth Observation data and analytics, utilizing Synthetic Aperture Radar (SAR) technology to serve various industries, including environmental management, agriculture, energy, and mining. The company is particularly focused on the Gulf Cooperation Council (GCC) and the Middle East and North Africa (MENA) regions, providing timely and reliable data that enhances decision-making and operational efficiency for its clients. Additionally, SARsatX is involved in the design and development of next-generation small satellites that operate in the X band, further advancing its capabilities in delivering high-quality satellite data.
Graphiant
Graphiant Inc. is a technology company based in Silicon Valley, founded in 2020 and headquartered in Fremont, California. It specializes in developing software-defined wide area network (SD-WAN) solutions aimed at transforming enterprise networking. The company offers the Graphiant Network Edge, a software-as-a-service platform that facilitates seamless connectivity across enterprise WANs, hybrid clouds, network edges, and various clients and partners. Graphiant's technology combines the performance of traditional multiprotocol label switching with the agility of modern internet solutions, enabling network architects to design and implement enterprise-grade networks that keep pace with business demands.
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