KOTRA and KODIT hosted a startup consultation session, inviting Wa’ed Ventures
Ten startups conducted investment presentations (IR) for Wa’ed Ventures, which has a history of investing up to KRW 20 billion

On June 24, KOTRA (President Kang Kyung-sung) and the Korea Credit Guarantee Fund (CEO CHOI Won-mok) hosted a startup consultation session at KOTRA’s headquarters in Yeomgok-dong, Seoul, inviting Wa’ed Ventures, a venture capital (VC) firm under Saudi Aramco, Saudi Arabia's state-owned energy company.

Saudi Aramco, the world’s largest oil producer, invests in global tech-based startups through Wa’ed Ventures. In 2024, the VC invested approximately KRW 20 billion in the Korean AI semiconductor startup "Rebellion," showing strong interest in Korean startups.

Guarantee Fund, to have one-on-one investment consultations and pitch their ideas to Wa’ed Ventures. The startups sought investment opportunities and explored chances to expand into the Middle Eastern market, which is focused on technological innovation and industrial diversification.

Kim Tae-hyung, Commissioner of KOTRA Invest Korea, stated, "Recently, there has been growing interest from overseas investors in domestic startups, and this matching day confirmed the possibility of collaboration with global venture capitals. Moving forward, we will continue to enhance our support to help domestic tech startups attract growth capital and enter global markets."



Source : Invest KOREA (2025.06.25.)