• Wa’ed Ventures has led Series A funding round for EME, a Dutch company focused on sustainability and circular economy solutions.
• The investment will also facilitate EME’s entry into new markets in the Middle East, driving the global adoption of sustainable practices through its AI and IoT-powered platform.
• Wa’ed Ventures’ investment aligns with Saudi Arabia’s vision for a circular economy, reducing waste and carbon emissions.

Wa’ed Ventures, the investment arm of Aramco’s Wa’ed Program, has announced it is leading a USD 5 million Series A funding round for EME, a Dutch company specializing in sustainability and circular economy solutions.

Moreover, this strategic investment will help EME localize its cutting-edge technologies in Saudi Arabia. It is directly contributing to the Kingdom’s Vision 2030 goals, which prioritize sustainability and environmental stewardship.

Supporting Regional Expansion

The funding will also support EME’s expansion into new markets across the Middle East, driving the adoption of sustainable practices globally.

EME, founded in 2017, provides innovative solutions that help businesses track surplus materials. The platform repurpose them through a digital platform powered by AI and IoT technologies.

By enhancing material flows and reducing carbon emissions, EME’s platform plays a vital role in high-value recycling and waste reduction. This is aligning with the Kingdom’s push towards a circular economy.

A Strategic Investment for a Sustainable Future

Anas Al-Qahtani, Acting CEO of Wa’ed Ventures, emphasized that this investment is part of the fund’s strategy to support startups offering innovative solutions for sustainable infrastructure.

Christian van Maaren, CEO of EME, commented: “We empower businesses to unlock their full potential through innovative solutions that reduce waste and enhance sustainability.

Additionally, the support from Wa’ed Ventures marks a major milestone in realizing our vision to build intelligent and sustainable systems across the Middle East and beyond.”