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 fuel its expansion in the Kingdom.

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