Wa’ed Ventures

Tenderd operates an on-demand marketplace for renting heavy equipment and provides an AI-powered platform to optimize fleet operations. The marketplace connects owners of equipment such as bulldozers, loaders and cranes with construction and engineering firms in the Middle East and North Africa and also manages a network of contractors. Its analytics platform converts equipment data into actionable insights to monitor operations, improve asset utilization, manage fuel consumption, plan routes, schedule maintenance and visualize trip logs, with features to measure carbon emissions and support safer, more efficient and sustainable operations.

Noon Academy is a prominent edtech company based in Riyadh, Saudi Arabia, with additional offices in Cairo, Egypt, and Bengaluru, India. Established in 2013, it operates an online learning platform that has served over 12 million students across the Middle East. The platform facilitates collaborative learning by allowing students to study in groups, compete with peers, and access on-demand tutoring. It offers a range of educational content, including free resources and subscription-based services for advanced materials and private tutoring. Noon Academy aims to enhance the learning experience by blending technology with peer-to-peer interactions, making education more engaging and accessible, especially for exam preparation. The company is committed to connecting students with the best teachers, regardless of location, thus expanding its impact in the region and beyond.

Democrance is an insurtech company that builds software to help insurers distribute, service, and administer insurance policies in the Middle East and North Africa. Founded in 2015 and based in Dubai, the company aims to democratize access to insurance by offering a micro-insurance services platform that supports life and health programs, project management, customer management, and claim handling, with delivery via mobile phones. The platform serves insurers and brokers across a broad range of products, from high-ticket policies to micro-insurance, and is designed to reach underinsured and uninsured populations in emerging markets. By simplifying policy access and administration, Democrance enables targeted distribution, better service, and expanded coverage for low-income families and other underserved customers.

Tenderd operates an on-demand marketplace for renting heavy equipment and provides an AI-powered platform to optimize fleet operations. The marketplace connects owners of equipment such as bulldozers, loaders and cranes with construction and engineering firms in the Middle East and North Africa and also manages a network of contractors. Its analytics platform converts equipment data into actionable insights to monitor operations, improve asset utilization, manage fuel consumption, plan routes, schedule maintenance and visualize trip logs, with features to measure carbon emissions and support safer, more efficient and sustainable operations.

Specializing in Earth Observation (EO) data and analytics using Synthetic Aperture Radar (SAR), SARsatX caters to diverse sectors such as environment, agriculture, energy, and mining. Additionally, the company designs and develops next-generation small satellites operating at X band for SAR missions.