All programmesDammam
Wa'ed Ventures / Lab7 (Aramco)
- Location
- Dammam
- What you get
- Lab7 product center, VC funding, 12-month incubation, Aramco network
- Money
- $500M fund; $100M for AI; grants up to ~SAR 100K
- Equity
- Yes (equity/debt)
- Focus
- Deep-tech, energy, sustainability, AI
- Deadline
- Rolling
- Recent cohort
- Not published as cohort count
- Runs
- Rolling
- Best for
- Industrial / energy / deep-tech localising into KSA
- Led by
- Wassim Basrawi (Managing Director, Wa'ed)
- Backed by
- Saudi Aramco
- Notes
- Part of Aramco National Champions Program
- MISA letter
- Not confirmed by this programme. Accelerators can generally issue one — ask them directly before you apply.