Wa’ed Ventures, the venture capital arm of Saudi Aramco, has announced the signing of a strategic Memorandum of Understanding (MoU) with the Ministry of Environment, Water and Agriculture, during the iktva 2025 event – a major initiative to enhance total value in the supply sector.
The partnership aims to accelerate localization and boost strategic investments in high-potential sustainability-focused startups, emerging from the Ministry’s innovation-driven programs in the agriculture, water, and environment sectors.
In a post on its official LinkedIn account, Wa’ed reaffirmed its commitment to advancing the Kingdom’s venture capital ecosystem, emphasizing a shared vision to empower innovative startups and support entrepreneurship in future-oriented sectors.
In parallel with the MoU, Wa’ed also announced a new investment of SAR 6 million in Techrar, further demonstrating its continued support for local tech ventures aligned with sustainability and innovation.
