Aramco Ventures

Aramco Ventures, established in 2012, is the venture capital arm of Aramco Oil Company, located in Dhahran, Saudi Arabia. The firm focuses on investing in start-ups and technologies that are strategically relevant to its parent company, aiming for innovations that can scale and disrupt various industries. Aramco Ventures prioritizes investments in diverse sectors, including carbon management, renewable energy, energy storage, hydrogen, ammonia, low carbon fuels, greenhouse gas measurement, energy efficiency, and water and air quality. Additionally, the firm explores opportunities in artificial intelligence, analytics, additive manufacturing, blockchain, cybersecurity, enterprise software, and other industrial domains, aligning its portfolio with the evolving landscape of energy and technology.

Frank Andrasco

Senior Investment Director

Chris Haase

Investment Director, North America

Michael Hill

Senior Investment Director, Europe

Tibor Toth

Investment Director, North America

5 past transactions

ANYbotics

Series B in 2023
ANYbotics AG, founded in 2016 and based in Zurich, Switzerland, develops advanced four-legged robots designed for various industrial applications. These autonomous mobile robots are engineered to enhance safety and productivity by navigating complex environments and performing routine inspections. Equipped with a suite of advanced sensors including visual zoom cameras, lidar scanners, and thermal cameras, ANYbotics' robots can monitor assets, detect gas presence, and create 3D models. Their robust design allows for operation in challenging terrains, making them suitable for sectors such as power, chemicals, construction, mining, and oil and gas. By automating inspection tasks and providing real-time data, ANYbotics aims to improve operational efficiency and support critical functions such as search and rescue.

Amogy

Series B in 2023
Amogy is a start-up, located in Brooklyn, New York and is working on a novel carbon-free energy storage system using ammonia as a fuel.

HT Materials Science

Series A in 2023
HT Materials Science Ltd. is a manufacturer based in Dublin, Ireland, specializing in advanced heat transfer fluid technology. The company has developed Maxwell 2020, a sub-micron fluid designed to improve energy efficiency across various applications, including commercial heating and cooling systems, industrial processes, and power generation. This product serves as a drop-in additive for both new and existing systems, enhancing heat transfer capabilities and leading to significant reductions in energy consumption and carbon emissions. By targeting sectors such as HVAC, chemical processing, food production, and pharmaceuticals, HT Materials Science aims to provide clients with lower energy costs and improved equipment performance. Founded in 2018, the company continues to focus on innovative solutions that promote sustainability in energy use.

Amogy

Corporate Round in 2022
Amogy is a start-up, located in Brooklyn, New York and is working on a novel carbon-free energy storage system using ammonia as a fuel.

Cumulus Digital Systems

Seed Round in 2018
Cumulus Digital Systems, Inc. is a technology company based in Cambridge, Massachusetts, established in 2018. It specializes in a cloud-hosted software platform designed to enhance the management of maintenance and construction workflows by connecting workers, tools, and data. The company's flagship offering, the Smart Torque System, is part of an Internet of Tools platform that gathers data from digitally-enabled tools utilized in industrial settings. This platform aims to provide a comprehensive source of real-time quality assurance and progress tracking, thereby contributing to safer industrial facilities.
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