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.