Aramco Ventures
Saudi ArabiaCorporate VC
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About
Aramco Ventures is Saudi Aramco's corporate venturing arm, deploying $7.5 billion of committed capital across a Sustainability Fund (clean energy, carbon capture, materials), a Digital & Industrial Fund (industrial tech, robotics, cybersecurity), and the diversified Prosperity7 Fund, led by CEO Mahdi Aladel. Its combined portfolio spans 70+ disclosed companies, from carbon-capture and energy-storage ventures such as Boston Metal, Form Energy and Energy Vault to industrial and digital names like Desktop Metal, ANYbotics and Dragos. The firm has been highly active through 2025-2026, backing rounds in Emerald AI, Twin1 AI, Velaura AI and Arkestro.
- Founded
- —
- GCC relevance
- Core GCC
- How to reach out
- Contact form on official website
Recent activity: Participated in Emerald AI's $150M Series A at a $1.05B valuation, announced August 25, 2026. · source
Sector focus
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Key people
Mahdi Aladel
Chief Executive Officer
Raed Twaily
Executive Managing Director, Prosperity7
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