The Venture Codex Logo

The Venture Codex

Imad Ventures

Building no 6718, Prince Majed bin AbdulAziz Street, Al Khubar Ash Shamaliyah Dist., Unit No 4, Al Khobar, Eastern Province, 34427, Saudi Arabia

Overview

Imad Ventures is the Corporate Venture Capital (CVC) arm of Nesma & Partners, focused on investing in early-stage construction technology companies. They back the next generation of construction firms that leverage technology to create a more sustainable and efficient construction industry.

Total investments
1
Lead investments
0
Investments · 12mo
1
Active investors
1
Visit website

Investment portfolio

  • Enlaye

    Participated · Seed · Jun 2026

    Enlaye provides a platform that aggregates documents and data — contracts, technical documents, schedules, site reports and project histories — to detect correlations, signals and contextualized risk analyses for construction, real estate and infrastructure projects. The company uses multimodal AI models and Graph Neural Networks to link dispersed information and surface actionable knowledge for operational teams rather than replace subject-matter experts. Its platform is already deployed on over $17 billion of projects across the U.S., Canada and Europe and is used by several entities within the VINCI group, benefiting from Leonard's support since 2025. Enlaye's stated objective is to build a "memory of risk" for construction organizations so lessons from past projects can reduce delays, disputes and cost overruns. Financially, the company recently raised a €4.25 million Seed round to accelerate product development.

Team