Aramco’s Wa'ed Ventures leads $14m bridge funding round for Japan’s Terra Drone   

CAIRO: Saudi Aramco’s venture capital arm Wa’ed Ventures is leading a $14 million bridge funding round for Japan-based Terra Drone to boost its expansion into the Kingdom.  

One of Japan’s leading drone and urban air mobility technology companies, Terra Drone plans to utilize its acquired investment to start a new subsidiary in Saudi Arabia.