Saudi Aramco Energy Ventures

Saudi Aramco Energy Ventures

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Investment Firm

Overview

Saudi Aramco Energy Ventures is the corporate venture capital arm of Aramco Oil Company. It's mission is to invest globally into start-up and high growth companies with technologies of strategic importance to Saudi Aramco, and to accelerate their development and deployment in Saudi Aramco’s operations. Based out of Dhahran (Saudi Arabia), SAEV also operates through regional offices in North America and Europe.

SAEV's Objectives are:

  • Enhance reserve identification, management and production
  • Increase energy production
  • Improve operational efficiency
  • Increase value in downstream processes
  • Optimize energy & water consumption in Saudi Arabia

SAEV's investment Focus Areas are:

  • Upstream Oil & Gas
  • Downstream & Petrochemicals
  • Sustainability
  • Digitalization and IR4.0
  • New Drivers of Hydrocarbon Demand

Highlights

Founded

2012

Industry

Financial Services

Employees

11-50

Investment

69

Lead Investment

32

Exits

6

Stages

Late Stage Venture, Seed, Early Stage Venture, Private Equity

Investor Type

Corporate Venture Capital

Location

Asia

Contact Information

Social

Profile Resume

Saudi Aramco Energy Ventures, established in 2012 and headquartered in Asia., specializes in Late Stage Venture, Seed, Early Stage Venture, Private Equity investments across Energy, Oil and Gas, Chemical, Venture Capital, FinTech, Consumer, Enterprise, Finance, Payments, Financial Services. The organization boasts a portfolio of 68 investments, with an average round size of $29.5M and 6 successful exits. Their recent investments include Rive Technology, CRV, Advanced Technology Ventures, Mitsui Global Investment, Blackstone Group. The highest investment round they participated in was $176.2B. Among their most notable exits are Rive Technology and CRV. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Bruce Niven

Bruce Niven

Chief Investment Officer

imagePlace Jim Sledzik

Jim Sledzik

Managing Director, North America

imagePlace Arne Frøiland

Arne Frøiland

Investment Director

imagePlace Daniel Carter

Daniel Carter

Investment Director

imagePlace Hans Middelthon

Hans Middelthon

Managing Director of SAEV Europe Venture Capital

imagePlace Richard Riggs

Richard Riggs

Investment Director

Investment portfolio

Saudi Aramco Energy Ventures has made 69 investments. Their most recent investment was on Aug 06, 2024, when Seeq raised $50.0M.

Saudi Aramco Energy Ventures has made 2 diversity investments. Their most recent diversity investment was on Aug 20, 2014, when Siluria Technologies raised $36.2M.

investments

69

Diversity investments

2

Lead investments

32

Number of exits

6

Investments

69

Annouced DateOrganization NameIndustryMoney Raised
May 16, 2023--55.8M
Aug 30, 2023
Redex Redex
Solar8.0M
Nov 02, 2023--60.1M
Aug 06, 2024
Seeq Seeq
Software50.0M

Exits

6

Funding Timeline

Funding rounds

69

Investors

0

Funds

1

Funding Rounds

69

Saudi Aramco Energy Ventures has raised 69 rounds. Their latest funding was raised on Aug 06, 2024 from a Series D - Seeq round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
May 16, 2023
Series B - ANYbotics Series B - ANYbotics
-55.8M-
Aug 30, 2023
Seed Round - Redex Seed Round - Redex
-8.0M-
Nov 02, 2023
Series B - Xage Security Series B - Xage Security
-60.1M-
Aug 06, 2024
Series D - Seeq Series D - Seeq
-50.0M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

Recent Activity

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