Wa\u2019ed Ventures, the venture capital arm of Saudi Aramco, has invested in the Saudi-based health technology startup, Athir. The investment was part of Athir’s first funding round, which also received support from RZM Investment and Share Investment, as reported by entArabi.<\/p>\n
While the exact amount raised in this round was not disclosed, the involvement of Wa\u2019ed Ventures highlights the growing interest in tech-driven solutions within Saudi Arabia’s healthcare sector. Wa\u2019ed Ventures, a $500 million fund, is focused on investing in technology-based startups across various sectors.<\/p>\n
Athir is dedicated to enhancing the healthcare ecosystem by bridging the gap between medical service providers, patients, and insurance companies. The company has developed a comprehensive cloud-based healthcare information system, along with revenue cycle management and a patient-focused app. These innovations have already been implemented across 200 entities, serving over 2.3 million patients, according to Athir’s website.<\/p>\n
This investment aligns with Saudi Arabia’s broader vision of fostering innovation and technological advancements within the kingdom, particularly in critical sectors like healthcare.<\/p>\n","protected":false},"excerpt":{"rendered":"
Wa\u2019ed Ventures, the venture capital arm of Saudi Aramco, has invested in the Saudi-based health technology startup, Athir. The investment was part of Athir’s first funding round, which also received…<\/p>\n","protected":false},"author":1,"featured_media":5351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[73,72],"tags":[],"class_list":["post-5346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global","category-startup"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/regtechafrica.com\/healthcare\/wp-content\/uploads\/2024\/08\/Aramcos-VC-unit-Waed-invests-in-Saudi-healthtech-Athir.jpg?fit=1920%2C1080&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/5346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/comments?post=5346"}],"version-history":[{"count":1,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/5346\/revisions"}],"predecessor-version":[{"id":5352,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/5346\/revisions\/5352"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/media\/5351"}],"wp:attachment":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/media?parent=5346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/categories?post=5346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/tags?post=5346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}