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Aramco Ventures

Saudi ArabiaCorporate VC

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Location

Saudi Arabia

Investment stages

SeedSeries A

Fund type

Corporate VC

Check size

$500K – $1M

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

Sector-Agnostic

Notable portfolio

Boston MetalForm EnergyEnergy VaultDesktop MetalANYboticsDragos

Key people

Mahdi Aladel

Chief Executive Officer

Raed Twaily

Executive Managing Director, Prosperity7

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