Company Insights Wa’ed Ventures Banking & Finance Wa’ed Ventures News Tech Aramco venture capital arm boosts tech startup funding by $300m Wa’ed Ventures, the venture capital arm of Saudi Arabian oil giant Aramco, has announced a $300 million increase in funding aimed at boosting the growth of tech startups in the country. The size of the fund grows to $500 million and will be directed towards local investments in mid and growth-stage startups, especially underserved areas […] February 8, 2023 Banking & Finance Aramco’s Wa’ed Ventures invests in Pasqal’s $109m funding round France-based quantum computer startup Pasqal has secured a €100 million ($108.93 million) equity Series B raise led by new investor Singapore’s investment firm Temasek, European Innovation Council Fund, Saudi Aramco’s Wa’ed Ventures and Bpifrance. The company will use the funding to further develop its neutral atoms quantum computing platform, which it believes will deliver major […] January 25, 2023 Tech Saudi tech firm wins funding to ‘shape the future of HR’ Elevatus, a Saudi-based technology company specialising in video interviewing and recruitment software for the human resources sector, is looking to enter new markets after a $10.5 million Series A fundraising. The HR tech provider aims to accelerate its business expansion and its market share by investing in product innovation, its co-founder and CEO Yara Burgan […] October 3, 2022 Analysis Business of Sport The pros (and cons) of big stars backing your business As French footballer Paul Pogba becomes an angel investor and brand ambassador for Islamic fintech Wahed, we look at the benefits and pitfalls of celebrities from David Beckham to Jay-Z teaming up with brands When global Islamic fintech Wahed announced its latest list of investors, Paul Pogba, the Manchester United and French international footballer, stood […] June 25, 2022 Posts navigation Previous 1 2
Tech Aramco venture capital arm boosts tech startup funding by $300m Wa’ed Ventures, the venture capital arm of Saudi Arabian oil giant Aramco, has announced a $300 million increase in funding aimed at boosting the growth of tech startups in the country. The size of the fund grows to $500 million and will be directed towards local investments in mid and growth-stage startups, especially underserved areas […] February 8, 2023
Banking & Finance Aramco’s Wa’ed Ventures invests in Pasqal’s $109m funding round France-based quantum computer startup Pasqal has secured a €100 million ($108.93 million) equity Series B raise led by new investor Singapore’s investment firm Temasek, European Innovation Council Fund, Saudi Aramco’s Wa’ed Ventures and Bpifrance. The company will use the funding to further develop its neutral atoms quantum computing platform, which it believes will deliver major […] January 25, 2023
Tech Saudi tech firm wins funding to ‘shape the future of HR’ Elevatus, a Saudi-based technology company specialising in video interviewing and recruitment software for the human resources sector, is looking to enter new markets after a $10.5 million Series A fundraising. The HR tech provider aims to accelerate its business expansion and its market share by investing in product innovation, its co-founder and CEO Yara Burgan […] October 3, 2022
Analysis Business of Sport The pros (and cons) of big stars backing your business As French footballer Paul Pogba becomes an angel investor and brand ambassador for Islamic fintech Wahed, we look at the benefits and pitfalls of celebrities from David Beckham to Jay-Z teaming up with brands When global Islamic fintech Wahed announced its latest list of investors, Paul Pogba, the Manchester United and French international footballer, stood […] June 25, 2022
