Wa’ed Ventures, Aramco’s $500 million venture capital arm, has announced that it will lead a $5 million investment in YNMO, a Saudi company specializing in educational and rehabilitative technology. YNMO’s mission is to empower children of all abilities through data-driven, tailored solutions. Qatar Development Bank (QDB) and Nour Nouf Ventures, a fund focused on impact-driven startups, also participated in the funding round.
Founded in 2017 by Dr Fahad Al-Nemary, Dr Abdullah Murad, and Dr Faisal Al-Nemary, Ynmo aims to deliver innovative solutions that enhance access to quality care, support, and diverse opportunities, ensuring that every beneficiary, regardless of their abilities, has a chance to grow, learn, and succeed. It provides an integrated platform for organizing services for children with disabilities and their families. It enables specialists to develop advanced rehabilitation and educational programmes based on best practices supported by AI technology. It also allows parents to access support and consultations through an extensive network of specialists in behavioural therapy, speech and language therapy, and psychological therapy.
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 has the right to quality education and support regardless of their abilities.
The startup’s vision is to become a global leader in providing innovative solutions for all children and people with disabilities, consistently pushing the boundaries of what is achievable. It strives to create a community that embraces diversity, inclusion, and equality, where each child’s unique abilities are celebrated and can access the resources and support they need to succeed and contribute to their communities.
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 decisive 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.
With this funding, Ynmo plans to expand its services and introduce new features aimed at improving support for children with disabilities and enhancing their access to early childhood services. The company also aims to strengthen its partnerships with the Gulf region’s governmental, educational, and rehabilitative institutions.
