Saudi Aramco Energy Ventures is the corporate venturing subsidiary of Saudi Aramco, the Saudi Arabian national oil company.
Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia, is the world’s leading fully integrated, global petroleum and chemicals enterprise.
The Kingdom of Saudi Arabia is the largest economy in the MENA region, and 19th largest in the world.
Our mission is to invest globally in early-stage and high-growth companies with technological advancements of strategic importance to Saudi Aramco, to accelerate their development and deployment in the Kingdom.
We perform a 360° assessment of investment opportunities. Factors we consider include: Fit with Saudi Aramco technical needs, or with broader technology needs of the Kingdom of Saudi Arabia.
We invest in technologies in upstream and downstream oil & gas, petrochemicals, water, energy efficiency and renewable with application in the Saudi Arabian market.
Dhahran, Saudi Arabia and Aberdeen, UK – 02 Feb 2015; Saudi Aramco Energy Ventures (SAEV), the corporate venturing subsidiary of Saudi Aramco, today announced the closing of an investment in Paradigm Drilling Services Limited. SAEV joins Buckthorn Partners as investors in the company. Established in 2009 Paradigm designs, manufactures, sells and rents a number of new generation drilling and intervention technologies, used both in the conventional and unconventional oil and gas sector. The company offers a wide range of products and services and supports a global customer base through its current commercial product range. Paradigm has a number of new tools in […]>
Sept 17th 2014 – Wearable Intelligence CEO, Yan-David Erlich, appears on Fox Business News’ ‘Opening Bell’, discussing wearable computing in Energy and Healthcare. Video link Watch the latest video at video.foxbusiness.com>
Dhahran, Saudi Arabia, September 17, 2014: Saudi Aramco Energy Ventures (SAEV), the corporate venturing subsidiary of Saudi Aramco, today announced the closing of a Series A investment in Wearable Intelligence Inc. SAEV joins Lightspeed Ventures, Schlumberger Technology Corporation, Google Ventures, Andreessen Horowitz, Kleiner Perkins and others as investors in the company. Wearable Intelligence is developing enterprise applications for emerging wearable computing platforms such as Google Glass, focusing on energy, manufacturing and healthcare verticals. Cory Steffek, Managing Director of Saudi Aramco Energy Ventures – U.S., commented: “We see tremendous potential for wearable devices in the enterprise, and particularly in the energy […]>
Siluria Technologies Announces Initial $30 Million Series D Financing Close with Strategic Investment by Saudi Aramco Energy Ventures
San Francisco, CA, August 20, 2014: Siluria Technologies, a pioneer in the commercial production of fuels and chemicals made from clean and abundant natural gas, announced today the initial close of its Series D financing round. The round was led by Saudi Aramco Energy Ventures (SAEV), the venture investment subsidiary of Saudi Aramco, the world’s leading fully integrated energy and chemical enterprise, and included additional investments by all of the major existing investors in Siluria. The total raise for this initial close of the Series D financing was $30 million. “We are very pleased to welcome SAEV as a major […]>
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Saudi Aramco Energy Ventures LLC - Global Offices
9/F Al-Midra Tower
Kingdom of Saudi Arabia
9009 West Loop South