# Wa’ed Ventures

> Wa’ed Ventures is a VC fund backing Software and Artificial Intelligence. See 122 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Dhahran, Saudi Arabia
- Total investments: 122
- Last investment: Jul 2026
- Lead investor: 63%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/waed-ventures
- X (Twitter): https://twitter.com/Waed_Ventures
- Website: https://www.waed.net/en/index.html

Wa’ed Ventures is a $500 million venture capital fund with the aim to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and incentivizing global entrepreneurs to localize their tech innovations in the Kingdom.

## Contacts

5 contacts available for Wa’ed Ventures. Shizune tracks 1 team members at Wa’ed Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/waed-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $500k–$5.5M |
| Series A | $2.5M–$30M |
| Series B | $19M–$124M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 19 | 16% |
| Artificial Intelligence | 17 | 14% |
| Information Technology | 14 | 11% |
| E-Commerce | 11 | 9% |
| Financial Services | 9 | 7% |

151 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 36 | 30% |
| Series A | 21 | 17% |
| Series B | 13 | 11% |
| Venture - Series Unknown | 13 | 11% |
| Funding Round | 10 | 8% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Saudi Arabia | 53 | 43% |
| United Arab Emirates | 9 | 7% |
| United States | 6 | 5% |
| France | 2 | 2% |
| Kuwait | 2 | 2% |

12 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Mazen Alasnag | Executive | 2 | https://shizune.co/investors/profile/mazen-alasnag |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| THINK-AI | Think AI develops AI infrastructure solutions that enable organizations to deploy and operate artificial intelligence workloads locally. The company provides AI Fabric, a unified AI supercompute ecosystem built around high-density AI SuperNode hardware and office-based Constellation clusters. Its ILM system is an AI orchestration platform thatmanages model training, inference, and deployment across GPUs using live telemetry. Think AI focuses on workload orchestration, power and cooling efficiency, and AI sovereignty so customers can control data, models, and infrastructure on premises. Its products are intended for enterprises, public sector entities, and AI-focused organizations that require high-performance, secure, and energy-efficient AI compute without relying on external cloud providers. | $8M | Pre-Seed | Jul 15, 2026 |  |
| Terraxy | Terraxy is a startup company building permanent fertile soils to enable greening and agriculture in the desert. | $3M | Seed | Jun 18, 2026 |  |
| Stake | Stake is a digital real estate investment platform providing the easiest and most transparent way to invest in income generating properties, starting in Dubai. Our mission is to make investing in real estate accessible and profitable for all. | $31M | Series B | Feb 17, 2026 |  |
| Rewaa | Rewaa was founded to make penetrating through the e-commerce industry easier for retailers with minimal operational and marketing costs by solving two main aspects:Marketing aspect: Make in-store products available online. By using Rewaa Cashier System, any product in the physical store will be automatically listed in the online marketplaces andthe merchant's online store. Operational aspects: The integration between physical, online store and marketplace, eliminate the need of independent inventory for online store operations, and that will help to reduce employment cost, therefore, the physical store will be the shipping center, so whenever an order received by online store will be transferred automatically for the nearest branch from the customer. And eventually, the inventory will be automatically updated across all channels. | $45M | Series B | Dec 30, 2025 |  |
| Rased | Rased provides innovative AI-powered fraud detection and prevention solutions. |  | Pre-Seed | Nov 09, 2025 |  |
| Squadio | Ibtikar Technologies Co was born in Saudi Arabia in 2010 at the hands of a group of visionaries working with a simple motto; helping business to digitally transform. The few years since our birth have been a joy ride to fill the gap in the Saudi market and contribute to it with scalable and reliable solutions.Ibtikar Technologies is one of themost experienced mobile applications development providers in the region. We believe in delivering credibility, integrity, reliability and good will with the products and solutions we provide to our clients using our enhanced knowledge and amazing work environment. | $2.9M | Seed | Oct 26, 2025 |  |
| Kure Cells | Kure Cells is a biotechnology company developing rapid-manufacturing platforms for CAR-T and gene-modified cell therapies. | $10M | Seed | Oct 23, 2025 |  |
| Oumla | Oumla is a blockchain services company. | $2.4M | Seed | Sep 16, 2025 |  |
| intella | intella is a platform as a service (PaaS) provider which offers real-time intelligence services for businesses. | $12.5M | Series A | Sep 02, 2025 |  |
| Salasa | Salasa is a logistics company that offers commerce fulfillment services to help modern retail brands scale with speed and reliability. The company provides end-to-end logistics solutions, including warehousing, last-mile delivery, and cross-border shipping. | $30M | Series B | Aug 04, 2025 |  |

10 of 122 investments shown.

## Co-investors
- [Saudi Aramco Entrepreneurship Ventures](https://shizune.co/investors/profile/wa-ed-ventures) — VC Fund, 34 deals together
- [Global Ventures](https://shizune.co/investors/profile/global-ventures) — VC Fund, 10 deals together
- [KAUST Innovation Fund](https://shizune.co/investors/profile/kaust-innovation-fund) — VC Fund, 9 deals together
- [Nour Nouf Ventures](https://shizune.co/investors/profile/nour-nouf) — VC Fund, 7 deals together
- [Saudi Aramco](https://shizune.co/investors/profile/saudi-aramco) — VC Fund, 7 deals together
- [STV](https://shizune.co/investors/profile/stv-2) — VC Fund, 7 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Oqal](https://shizune.co/investors/profile/oqal) — VC Fund
- [Vision Ventures](https://shizune.co/investors/profile/vision-ventures-2) — VC Fund
- [Impact46](https://shizune.co/investors/profile/impact46) — VC Fund

## Featured in investor lists
- [All Investors in Middle East](https://shizune.co/investors/investors-middle-east)
- [All VC Funds in Middle East](https://shizune.co/investors/vc-funds-middle-east)
- [All Investors in Saudi Arabia](https://shizune.co/investors/investors-saudi-arabia)
- [All VC Funds in Saudi Arabia](https://shizune.co/investors/vc-funds-saudi-arabia)
- [Enterprise VC Funds in Middle East](https://shizune.co/investors/enterprise-vc-funds-middle-east)
- [SaaS Investors in Middle East](https://shizune.co/investors/saas-investors-middle-east)

## FAQ

### What does Wa’ed Ventures invest in?

Wa’ed Ventures invests primarily in Software, Artificial Intelligence and Information Technology startups, most often at Seed and Series A stage. Most of the 122 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Wa’ed Ventures's check size?

Wa’ed Ventures typically joins rounds of $500k–$5.5M at Seed, $2.5M–$30M at Series A and $19M–$124M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Wa’ed Ventures participates in.

### How do I contact Wa’ed Ventures?

Public channels for Wa’ed Ventures include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Wa’ed Ventures?

The team at Wa’ed Ventures includes Mazen Alasnag (Executive). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co