1. Home
  2. Companies
  3. Saudi Aramco Energy Ventures
SA

Saudi Aramco Energy Ventures

About

Our mission is ‘to invest globally into start-up and high growth companies with technologies of strategic importance to Aramco, to accelerate their development and their deployment in the company.

Our focus areas include:

  • Digital & IR4.0 technologies applicable to Aramco’s global operations.
  • Sustainability technologies, in particular: carbon capture, utilization & storage; methane emissions reduction; renewables & grid energy storage; industrial energy efficiency; transportation efficiency; greenhouse gas footprint tracing & certification; nature-based greenhouse gas mitigation solutions; hydrogen; synthetic renewable fuels; water and air quality.
  • Upstream oil & gas technologies.
  • Downstream oil & gas / petrochemicals technologies.
  • Non-metallic materials and new applications for hydrocarbons.

Investments typically range from $2-20M and we are flexible in stage of development, from early to expansion stage ventures. We seek companies led by world-class management teams, with differentiated technologies that can add value to Aramco’s operations.

We aim to be a value-adding strategic investor. We actively support portfolio companies in doing business with Saudi Aramco and in accessing the Saudi Arabian and regional MENA market, including facilitating piloting, business development, localization, and accessing of technical and operational expertise. Our team of highly experienced investment professionals provides portfolio companies with guidance and support, and access to a global network. We lead the majority of our investments, and in most instances seek board positions or observer rights.

Besides SAEV, Saudi Aramco operators several venturing programs with different objectives:

Prosperity7, our diversified growth investment program, investing in highly scalable transformative or disruptive ventures outside of the energy industry.

We participate in OGCI Climate Investments, a joint venture of 11 major oil & gas companies representing 40% of global hydrocarbon production, investing in climate related technologies & solutions relevant to the oil & gas industry.

Saudi Aramco also engages with SABIC Ventures, the corporate ventures arm of SABIC, that is focused on new materials and applications, sustainable use of chemicals and plastics, process & resource efficiency and specialty Agri-nutrients.

Wa’ed Ventures, investing in regional ventures with a significant focus on the Saudi Arabian market, supporting economic development, job creation, and development of an entrepreneurial ecosystem in the MENA region.

Similar companies

VV

Vopak Ventures

Vopak's commitment is to store vital products with care, this helps to meet the needs of a growing population. These needs include providing access to affordable, reliable, sustainable and modern energy, and facilitating the introduction of cleaner, low-carbon energy and feedstocks; improving air quality; and contributing to a safe and healthy work environment for our employees and contractors. In line with these ambitions, we have set up Vopak Ventures to identify investment opportunities in start-ups and scale-ups in new technologies and emerging value chains. In this, we focus on three areas: New Energies, Feedstocks & Sustainability: With the New Energies, Feedstocks & Sustainability fund, we focus on funding ventures facilitating new sustainable solutions in areas such as zero emission fuels, green feedstocks, recycling solutions and flow batteries etc. Operational Excellence & Asset Management: With the Operational Excellence & Asset Management fund, we look into funding ventures close to our terminal operations who could work with us in continuously striving to make our activities more efficient, effective and as safe as possible. Platforms, Data & Digitalization: With the Platforms, Data & Digitalization fund, we identify opportunities of funding on ventures that employ data and new digital technologies in efforts to improve our service towards customers, while improving and supporting operations and reducing the environmental footprint. What do we offer?Market Access: Operating globally with over 70 terminals spread across six continents, Vopak offers unique worldwide market access and scaling opportunities. Knowledge and Network: With over 400 years of experience in the storage industry, we have gathered ample knowledge of the industry through changes and new developments. In addition, our global presence and established reputation ensure a broad network of expertise and partnerships. Financial and Strategic Support: As an active partner, Vopak Ventures not only offers financial support to the ventures, but also actively provides strategic guidance befitting the specific venture and its chosen path. Our basic investment principles: Our typical financial investment over the lifetime of a venture varies from €0.5 to €10 million. We typically take minority stakes. We are not only an active partner, but are often also customers and serve on boards. Vopak Ventures is a 100% Vopak entity.

TV

TechEnergy Ventures

We are a Corporate Venture Capital that identifies and invests in disruptive technologies and ideas on hydrogen and clean fuels, CCUS, sustainable lithium extraction and processing, electrification and clean power. We look forward to leading decarbonization and enabling breakthroughs while contributing to the generation of new business opportunities. Investment MandatePre-Seed to Growth Capital: Stages of target startups. Global Footprint: With focus in Europe, LATAM and USA. Strategic Fit as Key Driver: With Tecpetrol and Techint’s decarbonization objectives.

SV

Shell Ventures

Shell Ventures works with startups and companies from their early stages to their scale and growth phases. We make minority investments that help to develop new technologies and disruptive business models that work to accelerate the energy and mobility transformation. Investing in venture funds and incubators is also critical to expanding our scanning capabilities, making introductions to great companies and potential investment opportunities. Investment domains Our investment focus is a mix of power, mobility, emission management, resources and digital: Power: We look for models that support commercial and industrial customers, help residential customers better manage their personal energy use, and commercial opportunities to bring power to remote communities. We invest in renewable power generation, which includes wind and solar, innovations in distributed energy solutions and novel storage solutions for renewable energy. Mobility: We invest across the transport industry in technologies and business models that are revolutionising the way we move the world’s growing number of people and goods, while balancing efforts to reduce CO2 and local emissions. Emission management: We invest in startups that help companies decarbonize across sectors. We look for emissions management solutions, negative emission -- both engineered carbon capture and nature-based solutions -- and innovations that empower the carbon market. Resources: We look for technologies or companies that create value to Shell’s core business. We invest in solutions that can help improve efficiency, make our operations safer and bring value to our customers. Digital: We are looking at new ways to analyse and interpret data, connect customers with new business models for mobility and energy services, and optimise technologies in the decentralisation of energy systems. How we support our portfolio companies Shell Ventures is more than a route for capital: we specialise in deployment and scaling-up, and have a team dedicated to implementation and deployment. We can offer companies access to technical and scientific expertise, research and development facilities, and can assist with field trial pilots to further develop and demonstrate concepts. We also provide unique access to a global customer base and to an extensive supplier and contractor network. Our investment strategy is to be a significant minority investor – a typical initial investment is $2-5m, with a total of $15-22m over the lifecycle of an investment. We will lead or follow funding rounds, which means we actively form syndicates with other venture capital funds and corporate venturing teams. Maintaining excellent relationships with leading venture capital firms is paramount to our success, as they are an important source of high-quality deals. We continually build and activate our network to create the best opportunities for our portfolio companies.

EP

EDF Pulse Ventures

EDF Pulse Ventures manages the EDF Group's venture capital fund. Our mission is to identify and invest in new businesses and innovative solutions developed by start-ups to help build a carbon-neutral future. EDF Pulse Ventures, the ideal partner for start‑ups looking to innovate in renewable energy Business synergies: Develop commercial partnerships with our subsidiaries and businesses, or with other cleantech start‑ups in our portfolio. Strong support: Benefit from the support of the world's leading low-carbon energy producer and its internationally recognised R&D. A reliable and active shareholder hold the best of our installations: Take advantage of a capital contribution with no predefined duration from a strategic shareholder involved in the governance and support of your management. Strategic support: Anticipate market opportunities and new business models thanks to our experience, our monitoring and the sectoral studies made available to you. EDF Pulse Ventures' investment sectors EDF Pulse Ventures finances and supports innovative cleantech start-ups in the field of energy transition: Maturity: Series A and B % of holding: Minority Ticket size: 3M€ to 5M€ Locations: Europe, North America Areas of expertise: Decarbonisation solutions and services for all. Performance, construction and conversion of energy production and storage facilities. Carbon free production and storage solutions of tomorrow. Decentralised energy systems. Carbon capture, premium offset and recovery solutions. Societal trends.

CV

Chrysalix Venture Capital

Chrysalix is a global venture capital fund with a long history commercializing step-change innovation for resource intensive industries. We invest in intelligent systems, energy technology and resource productivity solutions to deliver outsized financial returns and environmental sustainability. By teaming up with leading industrial companies and outstanding entrepreneurs, Chrysalix connects market driven problems to breakthrough solutions. Our investments include breakthrough technologies like intelligent systems for mining, fast-charging electric vehicle infrastructure, carbon capture, battery intelligence, fusion energy, and wastewater management. INVESTMENT PHILOSOPHYTECHNOLOGY: We invest early in breakthrough innovations at the heart of science and technology that are driving disruptive impact in resource intensive industries. MARKET: We have deep connections into large industrial markets and a track record of successfully discovering future disruptors in those markets. COMMERCIALIZATION: We have the processes and resources to build, mentor, scale and connect high-growth companies with big industrial applications.

EC

Energy Capital Ventures

Energy Capital Ventures is the only early-stage venture fund solely dedicated to the sustainability, resilience and the digital transformation of the natural gas industry. We leverage a deep integration and a customized service model with our strategic limited partners to bring together the technology of the startup ecosystem with the scale of the natural gas industry for true game-changing, generational impact. We champion innovation in Green Molecules which is the term we have trademarked to define the sustainability, resilience and digitization of the natural gas industry. For the first time, entrepreneurs have a front door to access the natural gas industry. By investing in category-defining leaders, we bring the latest innovations and technological advancement to future-proof the natural gas industry. Founding General Partners We are led by best in class investors and investment bankers. We have the advantage of extensive complimentary experience investing in other industries with similar market forces and substantial overlap, which have faced massive transformation. From Coinbase and Personal Capital to TrueCar, MX, ID.me, Netspend, and many more, our previous investments have grown to category-defining multi-billion dollar companies that have changed how the world works. In addition to this, our team has a long career of successfully working with large corporations as they navigate innovation cycles.