Aramco Ventures

Aramco Ventures is the corporate venture capital arm of Saudi Aramco, the world's largest integrated energy and chemicals company, headquartered in Dhahran, Saudi Arabia. Established to invest in groundbreaking technologies that align with Aramco's strategic objectives, its mission extends beyond financial returns, focusing on strategic value creation, technology adoption, and fostering innovation within the global energy and industrial sectors. The firm plays a crucial role in bridging the gap between cutting-edge startups and large-scale industrial application, supporting Aramco's long-term growth and sustainability goals.

The firm targets early to growth-stage companies, typically from Series A through Series C, across a diverse range of sectors critical to the future of energy and industry. Key investment themes include advanced materials, chemicals, digitalization (AI, IoT, big data), energy efficiency, environmental technologies (e.g., carbon capture, hydrogen, renewables), and various industrial technologies. Aramco Ventures seeks to leverage Saudi Aramco's vast operational footprint and expertise to accelerate the development and deployment of portfolio companies' solutions, aiming for both technological advancement and operational efficiency.

Aramco Ventures significantly expanded its investment capacity with the launch of a new $1.5 billion global venture capital fund in 2022, bringing its total assets under management to approximately $2 billion. This substantial capital base enables the firm to make significant investments in companies poised for substantial growth and technological integration. While specific first check sizes can vary based on stage and opportunity, Aramco Ventures typically deploys initial capital ranging from $5 million to $50 million, reflecting its focus on impactful, strategic investments that can drive transformative change within the energy and industrial landscape.