Aramco Ventures is the venture capital arm of Saudi Aramco, based in Dhahran, with $7.5 billion in committed capital. It invests globally in energy, sustainability and industrial technologies, and Wa'ed Ventures is its arm for local investment.
About Aramco Ventures
Aramco Ventures runs several programs: strategic investment in sustainability, digitalization and industrial innovation technologies; Wa'ed Ventures for local investment in Saudi startups; Prosperity7 for diversified global investment aimed at financial returns; and a late-stage program. It has teams in Saudi Arabia, North America, Europe and China, and is a founding member of OGCI Climate Investments.
Most of its investments are global; investment in Saudi startups is done mainly through Wa'ed Ventures (waed-ventures). Prosperity7 Ventures is also part of it.
What it invests in
- Stages
- Series A, Series B, Growth
- Sectors
- Energy, Sustainability, Industry
- Fund size (Committed capital)
- $7.5B (2026) Source
- Among the fund’s investors
- Aramco
From its portfolio
No published, sourced investments yet.
Team
- Mahdi AladelCEO