Aramco’s $500 million venture capital division, Wa’ed Ventures, announced that it is spearheading a $5 million investment in YNMO, a Saudi business that is transforming educational and rehabilitative technology for kids, including those with disabilities. The Qatar Development Bank (QDB) and Nour Nouf Ventures, a fund that focuses on impact-driven startups, also participated in the funding round.
In order to better support children with disabilities and increase their access to early childhood services, Ynmo intends to use this investment to grow its service offerings and add new features. Additionally, the business wants to deepen its ties with Gulf region governments, educational institutions, and rehabilitation centers.
Ynmo, an integrated platform for planning services for children with disabilities and their families, was founded in 2017 by Drs. Fahad Al-Nemary, Abdullah Murad, and Faisal Al-Nemary. Ynmo gives experts the ability to create cutting-edge educational and rehabilitation programs based on best practices and AI technology. Additionally, it gives parents access to a wide range of behavioral, speech-language, and psychological therapy specialists for support and consultations.
Eng. Anas Al-Qahtani, Acting CEO of Wa’ed Ventures, stated: “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.”
Mohammed Al Emadi, Acting Executive Director of Investment & Incubation of Qatar Development Bank, added: “We believe that technology plays a powerful role in improving access to educational content and enhancing the learning experience for the targeted beneficiaries of this product. Our support for this sector aligns closely with the clusters and sectors targeted under 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 centre for the company’s operations in the country.”
HH Prince Salman bin Faissal Al Saud, Executive Board Member at Nour Nouf Ventures, stated, “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, and I am thrilled to support their mission of creating equitable learning environments across the region.”
Dr. Fahad Al-Nemary, co-founder and CEO of Ynmo, expressed gratitude for the support of investors and partners who have helped enhance Ynmo’s impact from day one. “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.”
