Saudi Arabia Saas Startup Funding Aramco Ventures 2026

Key Insights

• Wa'ed Ventures, the venture capital arm of Saudi Aramco's Entrepreneurship Center, is a $500 million dedicated fund focused on investing in high-growth technology startups within Saudi Arabia's local tech ecosystem.
• Aramco Ventures, the corporate venturing arm of Saudi Aramco, manages multiple venture capital programs and has expanded its total allocated capital to $7.5 billion following an additional capital injection of $4 billion, demonstrating significant institutional commitment to technology and sustainability investments.
• Wa'ed Ventures is specifically designed to support the Saudi Arabian startup ecosystem by investing in local tech-based startups, positioning it as a primary institutional investor for SaaS and technology ventures seeking capital in the region.
• As of January 2026, Wa'ed Ventures ranks among the top 50 SaaS startup investors in Saudi Arabia, indicating it is a major player in the country's venture capital landscape for software-as-a-service business models.

Source

[Resemble AI Secures Strategic Investment](https://www.thesaasnews.com/news/resemble-ai-secures-strategic-investment) *Market: SA*