Aramco Ventures
Overview
Aramco Ventures is the corporate venturing arm of Aramco, a world leading integrated energy and chemicals company. It manages multiple venture capital programs with a total AUM of $7 billion. The mission of its strategic venturing program – its sustainability and industrial funds – is to invest globally into start-up and high growth companies with technologies of strategic importance to Aramco, to accelerate their development and deployment in Aramco's operations. Its Prosperity7 program seeks to invest in highly scalable ventures, led by world-class management teams, with disruptive technologies and business models, outside of the energy sector. It aims to be a value-adding strategic investor.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Twin1 AI | Aug 2026 | Seed | Lead |
| Twin1 AI | Aug 2026 | Seed | Lead |
| Velaura AI | Aug 2026 | Series A | Co-investor |
| Mitti Labs | Aug 2026 | Series A | Lead |
| Emerald AI | Aug 2026 | Series A | Co-investor |
Key People
MAHDI ALADEL
CEO, Aramco Ventures (Venture Capital)
Thomas Rilus
MD Senior Partner
Simone Less
Investment Principal
Kaivan Forouzesh
Investment Manager
MSc Yara AlTamimi
Investment Manager, Diversified Growth Investments
Waleed Snobar
Senior Investment Manager
Dee-Dee Huang
Investor
Lovely Sharma
Investor
Dimitris Triantafyllidis
Corporate Venture Capital
Richard Riggs
Corporate Venture Capital
Tara Alkubaisi
Corporate Venture Capital Sustainability
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
