Riyadh, Saudi Arabia – Wa’ed Ventures, the $500 million venture capital arm of Aramco, has announced its leadership in a $5 million funding round for Ynmo, a Saudi-based company transforming educational and rehabilitative technology for children, including those with disabilities. The funding round also saw participation from Qatar Development Bank (QDB) and Nour Nouf Ventures, an impact-driven investment fund.
The funding will enable Ynmo to expand its services, introduce advanced features, and strengthen partnerships with governmental, educational, and rehabilitative institutions across the Gulf region. This marks a significant step toward improving access to early childhood services for children with disabilities.
A Revolutionary Platform for Inclusion
Founded in 2017 by Dr. Fahad Al-Nemary, Dr. Abdullah Murad, and Dr. Faisal Al-Nemary, Ynmo provides an integrated platform designed to organize services for children with disabilities and their families. The platform uses AI technology to create personalized rehabilitation and educational programs, offering services such as behavioral therapy, speech and language therapy, and psychological consultations. Parents also gain access to a vast network of specialists for ongoing support.
Eng. Anas Al-Qahtani, Acting CEO of Wa’ed Ventures, remarked:
“Ynmo represents an outstanding impact-driven platform that leverages technological advancements to deliver high-quality educational and rehabilitative services. We are excited to collaborate with the team and drive meaningful change in the region by fostering an inclusive environment for children with disabilities.”
Regional Collaboration and Vision
Mohammed Al Emadi, Acting Executive Director of Investment & Incubation at Qatar Development Bank, emphasized the alignment of Ynmo’s mission with Qatar’s national goals:
“Our support for this sector aligns closely with Qatar’s Third National Development Strategy 2024–2030. Moreover, our investment in Ynmo reflects Qatar Development Bank’s goals of fostering innovation, driving expansion within Qatar, and establishing a center for the company’s operations in the country.”
HH Prince Salman bin Faisal Al Saud, Executive Board Member at Nour Nouf Ventures, highlighted the transformative potential of Ynmo’s solution:
“Investing in Ynmo is an investment in a brighter, more inclusive future for children with disabilities. Their solution represents a fundamental shift in how we think about educational and rehabilitative access.”
Driving Impact Across the Gulf
Ynmo’s co-founder and CEO, Dr. Fahad Al-Nemary, expressed gratitude for the funding and partnerships that continue to enhance the company’s impact:
“This funding will accelerate our mission to improve services for children with disabilities. Together, we are committed to creating a future where every child, regardless of their abilities, has the right to quality education and support.”
About Wa’ed Ventures
Wa’ed Ventures is a $500 million venture capital firm wholly owned by Aramco, dedicated to promoting economic diversification and investing in high-growth startups across multiple sectors. Established in 2013, Wa’ed Ventures manages a portfolio of over 75 startups and provides comprehensive support, from funding to access to partner resources. For more information, visit: www.waed.net.
About Ynmo
Ynmo specializes in educational and rehabilitative technology, empowering children of all abilities through tailored, data-driven solutions. The company fosters collaboration between parents and specialists to deliver inclusive education and create supportive learning environments. For more information, visit: https://ynmodata.com/en.
Media Contact:
Nagham Aleithan
Email: nagham.aleithan@waed.net
