Wa’ed Ventures Invests in Roots Ventures

Wa’ed Ventures Invests in Roots Ventures

By Staff Writer, 05 February 2023
Wa’ed Ventures Invests in Roots Ventures
  • Wa’ed Ventures, the VC arm of Aramco, has invested in Revival Lab to launch its venture builder Roots Ventures.
  • The investment aims to adopt venture-building practices and activities to build skilled project teams with domain expertise and the ability to create and launch a product fast in the kingdom.
  • Founded by Mohammed Almaghlouth, Revival Lab is a sector-agnostic venture builder that enables entrepreneurs to scale up the next unicorns.

Roots Ventures, the Saudi-based emerging venture builder, announces its partnership with Wa’ed Ventures, the Kingdom-focused venture capital arm of Aramco.

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