Saudi Aramco Ventures

Saudi Aramco Ventures is the corporate venture capital arm of Saudi Aramco, the world's largest oil company. Established in 2012 as part of Saudi Arabia's Vision 2030 initiative to diversify the kingdom's economy beyond oil, the firm operates from its headquarters in Dhahran with additional offices in Boston and London. The fund focuses on strategic investments that align with Saudi Aramco's core business while supporting the global energy transition. Their investment approach emphasizes technologies that can enhance energy efficiency, reduce carbon emissions, and advance digital transformation across the energy value chain. Notable investments include Solidia Technologies for sustainable concrete production, Addionics for advanced battery technology, and Beyond Limits for AI solutions in industrial applications. The firm provides not only capital but also access to Saudi Aramco's vast industrial infrastructure and expertise, making it an attractive partner for energy and industrial technology startups. Under the leadership of Managing Director Majid Mufti and his team, Saudi Aramco Ventures has become a significant player in the corporate venture capital space, bridging traditional energy expertise with next-generation technologies.