Wa’ed Ventures and Sumitomo Invest $30 Million in Zension Technologies to Launch Tech Subscription Platform
Wa’ed Ventures and Sumitomo have invested $30 million in Zension Technologies, a Riyadh-based startup offering a tech subscription model. The new funding will help launch Zaam, a platform for tech subscriptions in the UAE and Saudi Arabia, aiming to extend device lifespans and reduce e-waste in the region.