About Us


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.

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Strategy

Approach

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.

Criteria

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.

Target Sectors

We invest in technologies in upstream and downstream oil & gas, petrochemicals, water, energy efficiency and renewable with application in the Saudi Arabian market.

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News

  • 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  

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  • 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 […]

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  • 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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  • Dhahran, Saudi Arabia and Waltham, Massachusetts – December 10th, 2013 – Saudi Aramco Energy Ventures LLC (“SAEV”), the corporate venturing subsidiary of Saudi Aramco, has led a venture capital investment into Novomer Inc., an emerging sustainable chemistry company pioneering a family of high performance, environmentally responsible polymers and chemical intermediates. All existing Novomer investors also participated in the financing.Novomer Inc. has developed two platform chemical technologies based on proprietary catalysts that facilitate the transformation of carbon dioxide (CO2) and carbon monoxide (CO), together with propylene oxide (PO) or ethylene oxide(EO), into economically competitive, high-performance industrial products: polyols and chemical intermediates, […]

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Global Presence

  • *Aramco Asia Korea

  • *Aramco Asia Japan K.K

Contact Us

  • Saudi Aramco Energy Ventures LLC - Global Offices

    • Saudi Arabia

      9/F Al-Midra Tower
      Dhahran 31311
      Kingdom of Saudi Arabia

      Direction map

    • North America

      9009 West Loop South
      Houston,
      TX 77096-1799
      USA

      Direction map

    • Europe

      • Aberdeen Office:

        Abercrombie Court
        Arnhall Business Park
        Westhill, AB32 6FE
        Aberdeenshire, UK
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      • Norway Office:

        Stortingsgaten 22
        3rd floor, 0161
        Oslo
        Norway
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    • Asia

      • Aramco Asia Japan K.K

        Marunouchi Building 26F
        2-4-1, Marounouchi
        Chiyoda-ku
        Tokyo 100-6326 Direction map

      • Aramco Asia Korea

        18F, Seoul Finance Center
        136 Sejong-dae
        Jung-gu
        Seoul 100-768 Direction map

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