Wa’ed Venture, The VC Arm Of Saudi Aramco, And Japanese Financial Conglomerate Sumitomo Back Circular Economy Startup Zension Technologies With $30M Series A Funding
Zension Technologies has raised a Series A round of $30M led by Wa’ed Ventures, the $500 million VC arm wholly owned by Saudi Aramco, with participation from Japanese Sumitomo Corporation and Dubai based Global Ventures to disrupt the traditional model of ownership of personal tech devices. This marks the first strategic investment that the 100-year-old