What Imad Ventures does

Imad Ventures is the corporate venture capital (CVC) arm of Nesma & Partners, a major Saudi-based general contractor with over 40 years of construction industry experience. Formally established in June 2024 (with origins in April 2023), the firm invests in early-stage construction technology startups and funds across North America, Europe, the Middle East, and Asia, targeting a $14 trillion global construction industry that has historically lagged in technology adoption. The fund's investment thesis is organized around two pillars — Intelligent Practices (data, automation, and digital platforms) and Intelligent Automation (robotics, 3D printing, modular systems, and advanced materials) — and is anchored on AI, advanced materials, and digital innovation.

The portfolio currently spans at least six companies. Software-led bets include Enlaye, an AI-native Risk Lifecycle Management platform; Neuron Factory, building what it describes as the world's first construction-focused knowledge graph and AI-native preconstruction platform; Trubuild; Tracked; and FifthWall. Hardware-led bets include Gravis Robotics, an ETH spinoff developing autonomous earthmoving technology, which raised a $23M round co-led by IQ Capital and Zacua Ventures with Imad as a participating investor. Imad has not led any of its disclosed rounds to date and typically co-invests alongside two to five specialist contech VCs and corporate strategics (Zacua Ventures, Glasswing Ventures, Trimble Ventures, Suffolk Technologies, IQ Capital, Link Ventures).

Imad's core differentiator is its access to Nesma & Partners' operating footprint, which provides portfolio companies with real pilot opportunities, procurement introductions, and credibility with regional decision-makers that pure financial VCs cannot easily replicate. The firm operates with a small investment team (1-10 employees, three named professionals including Founder & Managing Director Tatiana Gholmie, Investment Principal Juan Carlos Sanchez, and Senior Investment Analyst Haifa Asaad) and earns returns through equity stakes in portfolio companies that are realized via exits, acquisitions, IPOs, or secondaries. No fund size, AUM, revenue, or management-fee disclosures were identified in the available source material, consistent with a newly established, corporate-funded CVC in the deployment phase.

Name

Imad Ventures

Legal name

Imad Ventures

Website

https://imadventures.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Imad Ventures is the corporate venture capital arm of Saudi contractor Nesma & Partners, investing globally in early-stage construction technology startups and funds across AI software, robotics, advanced materials, and digital platforms. It targets contech founders with capital plus pilot access through Nesma's 40-year contractor network.

Ownership category

akta.pro rank

Product category

Corporate Venture Capital

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Captive CVC Fund (Dedicated corporate fund structure) (FSANAHAB)

akta.pro secondary industries

Corporate Venture Capital (CVC) (FSANAAAF), Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

Keywords

• Corporate venture capital
• Construction technology investing
• Early-stage venture funding
• Contech startup investment
• Built environment innovation

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Equity Investment Returns: Imad Ventures generates returns through equity investments in early-stage construction technology startups and funds. Returns are realized through portfolio company exits via acquisitions, IPOs, or secondary transactions. The fund also benefits from strategic value creation through pilot projects and commercial deployments within the Nesma & Partners ecosystem.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Imad Ventures is the corporate venture capital (CVC) arm of Nesma & Partners, investing capital in early-stage construction technology startups and venture funds. The fund provides portfolio companies with strategic guidance, pilot opportunities within the Nesma ecosystem, and commercial introductions, while targeting returns through equity appreciation and exits.

Product overview

Imad Ventures is the Corporate Venture Capital fund of Nesma & Partners, investing in construction technology funds and early-stage startups. Their investment focus spans two areas: Intelligent Practices (data, automation, and digital platforms) and Intelligent Automation (robotics, 3D printing, modular systems, and advanced materials). The portfolio includes Enlaye (AI-native risk management platform), Neuron Factory (AI-native preconstruction platform with knowledge graph), Trubuild, Tracked, Gravis Robotics, and FifthWall, all focused on transforming the $14 trillion global construction industry through technology innovation.

Differentiator

Problem solved

Functional benefit

Products and services

• Imad Ventures Fund

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Nesma & PartnerscoreStrategic or Co-development PartnerNesma & Partners is the parent company and anchor partner of Imad Ventures. As one of the region's most established contracting companies with 40+ years of experience, Nesma & Partners provides industry expertise, pilot opportunities, and strategic guidance that enable Imad Ventures to offer differentiated support to portfolio companies.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Others

• Glasswing Ventures: Early-stage AI-focused venture capital firm. Lead investor in Enlaye's $5M seed round alongside Imad Ventures; comparable as a co-investor in the AI-native construction-tech category rather than as a direct CVC peer.
• Goldacre Ventures: Venture arm of Goldacre, a UK asset manager with £2bn+ AUM. Comparable through Juan Carlos Sanchez's prior role as Head of Ventures; useful as a reference point for the type of CVC/venture platform Imad team members came from.

Direct peers

• Trimble Ventures: Corporate venture capital arm of Trimble Inc., a major AEC technology company. Direct peer in the contech CVC space; co-invested with Imad Ventures in Neuron Factory, validating peer-level deal overlap.
• Zacua Ventures: Venture capital firm specialized in construction technology and the built environment. Direct peer in contech investing; repeated co-investor with Imad Ventures in Neuron Factory and Gravis Robotics.
• Suffolk Technologies: Corporate venture capital arm of Suffolk Construction, a major US general contractor. Directly comparable to Imad Ventures as a contractor-backed CVC investing in construction technology startups with pilot-to-deployment support.
• CEMEX Ventures: Corporate venture capital arm of CEMEX, one of the world's largest building materials companies. Direct peer as a construction-industry corporate-backed CVC investing globally in contech.
• Bouygues Construction Innovation: Innovation and venture initiatives of Bouygues Construction, a major European general contractor. Direct peer as a contractor-led platform investing in construction technology and built-environment innovation.
• Caterpillar Ventures: Corporate venture capital arm of Caterpillar Inc., a heavy equipment and machinery manufacturer. Direct peer as an industrial corporate CVC with construction/equipment adjacency and global deal flow.
• Kajima Ventures: Corporate venture capital arm of Kajima Corporation, a major Japanese construction and engineering company. Direct peer as a contractor-backed CVC with global contech investment focus.
• Obayashi Corporation Innovation Ventures: Innovation and venture arm of Obayashi Corporation, a major Japanese general contractor. Direct peer as a global contractor-backed initiative investing in construction innovation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/imad-ventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Imad Ventures