- What
- Equity investment from $7.5B committed capital.
- Who
- Global startups with technology strategically relevant to Aramco.
- Cost
- Equity — direct stake taken
- Status
- Active
aramcoventures.com · How we check ↗
In detail
Aramco Ventures is a corporate VC in Saudi Arabia. Corporate venture arm of Aramco — $7.5B in committed capital across three vehicles: Sustainability, Digital and Industrial, and Prosperity7. Invests early to growth stage.
- Amount
- $7.5B committed capital
- Terms
- Yes — equity stake
- Eligibility
- Start-up and high-growth companies globally with technologies of strategic relevance to Aramco
- Sectors
- Sustainability, Lower-Carbon Energy, Digital, Industrial Tech
- Status
- Active
What the source says
“We manage multiple venture capital programs with a total of $7.5 billion in committed capital.”
“The Sustainability fund supports Aramco's ambitions to achieve net-zero Scope 1 and 2 greenhouse gas emissions across its wholly-owned operated assets by 2050.”
“The Digital/Industrial Fund focuses on digital & industrial technologies that can add value to Aramco's operations.”
“The Prosperity7 fund invests in disruptive technologies and business models outside of the energy industry.”
Closing soon on the map
Cultural Development Fund (CDF)
Finspire
QSTP Incubation
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HUMAIN
Sources
Primary source · aramcoventures.com