Wa’ed Ventures is a Saudi venture capital fund affiliated with Aramco that invests in early- and growth-stage technology companies. It backs entrepreneurs in Saudi Arabia and internationally, providing equity financing and support to scale innovations with relevance to industrial and economic development.
The fund focuses on areas tied to the energy and industrial value chain—including industrial software, advanced manufacturing, energy technologies, and sustainability solutions. Its portfolio targets technologies that enhance efficiency, reliability, and decarbonization across heavy industry, with applications that extend to the chemicals and downstream manufacturing sectors.
Located in Dhahran, a 200-qubit neutral-atom QPU offers low-latency cloud access for industrial apps, enabling optimization, simulation and AI for energy, materials, logistics, CO2 storage; workforce training.
The Middle East's first industrial quantum computer boosts regional expertise, enhances operations, and supports quantum talent development in Saudi Arabia.
