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Saudi Aramco Energy Ventures

Corporate VC

Series A–Series C · 11 people tracked

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Stage
Series A–Series C
Founded
2012
Tracked investments
16
IPOs
1
Acquisitions
1

Team · 11 people

from public directories
Iris Wu· Associatein
Ted Randall· Analystin𝕏
Waleed Snobar· Senior Associatein

What they invest in

from 10 of 16 portfolio companies

Energy ×5Hardware ×5Advanced Manufacturing ×4Cleantech ×4Climate Tech ×2Deep Tech ×2Enterprise Software ×2New Materials ×2

HQs:United States×11Ireland×1India×1Norway×1

Investments · 16 tracked

founders shown can be your intro path

By year:2022 · 12021 · 22020 · 12019 · 12018 · 22016 · 12015 · 210 dated

908 Devices908devices.comin𝕏NASDAQ: MASSJan 2019

908 Devices manufactures handheld mass spectrometry and chemical analysis devices for rapid detection in defense, security, and hazardous materials response applications.

Deep TechDefense TechHardwareMedical DevicesBoston, US

Kevin J. Knopp, PhD(CEO & Co-founder)Christopher Brown(Executive Officer)inKevin Knopp(Executive Officer, Director)inJoseph Griffith IV(Executive Officer)

BoardKevin Hrusovsky(Director)Corey Steffek(Director)

Co-investorsARCH Venture PartnersRazor's Edge VenturesUTECAramco VenturesARK Investment ManagementBlackRock+3 more

HMThydrogen-mem-tech.comin✓ verified

Hydrogen Mem-Tech designs and produces compact palladium membrane technology that extracts clean hydrogen from natural gas, biogas, and ammonia for industrial clients worldwide.

CleantechEnergyHardwareNew MaterialsTrondheim, NO

Co-investorsYara Growth VenturesAP VenturesAramco VenturesEuropean Investment FundPeak Sustainability VenturesShell Ventures

HT Materials Sciencehtmaterialsscience.cominAug 2021✓ verified

HT Materials Science develops Maxwell®, a heat transfer fluid that uses nanoparticle technology for commercial and industrial HVAC applications.

CleantechEnergyNew MaterialsDublin, IE

Co-investorsCDP Venture CapitalMI.TO TechnologyPeak Sustainability VenturesAramco VenturesEnterprise IrelandProgress Tech Transfer

SeeQseeq.comin𝕏Apr 2021✓ verified

Seeq develops industrial AI and advanced analytics software that combines operational data, documentation, and historical context with the expertise of industrial teams to support operational and strategic decisions.

Advanced ManufacturingAI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSSeattle, US

Steven M. Sliwa(Executive Officer, Director)Brian Parsonnet(Executive Officer, Director)inLisa Graham(Executive Officer)inMichael Risse(Executive Officer)inMark Derbecker(Executive Officer)inTammy Martin(Executive Officer)in

Co-investorsSecond Avenue PartnersAltira Group LLCChevron Technology VenturesInsight PartnersCisco InvestmentsSixth Street+4 more

Tradegotradego.com✓ verified

TradeGo builds a blockchain-based digital platform for international commodity trade, offering products for trade document circulation, trade finance settlement, bill of lading lifecycle management, paperless cargo release at terminals, and trade authenticity verification.

Crypto & Web3FintechLogistics & Supply Chain

Co-investorsAramco Ventures

Amogyamogy.coin𝕏

Amogy develops patented ammonia cracking technology that converts ammonia into electric power for hydrogen fuel cells and engines, targeting decarbonization of heavy industries including transportation and maritime.

CleantechClimate TechDeep TechEnergyHardwareHealthtechSan Francisco, US

Seonghoon Woo(Founder)inHyunho Kim(Founder)inJongwon Choi(Founder)inYoung Suk Jo(Founder)

BoardAndrew Hinkly(Director)in

Co-investorsAF WPartnersAP VenturesBonAngels Venture PartnersCollaborative FundCongruent VenturesDCVC (Data Collective)+6 more

Carbon Cleancarbonclean.comin𝕏May 2022 · $150M

Carbon Clean specializes in point-source carbon capture technology for industrial facilities, helping heavy industries reduce CO2 emissions directly at the source.

Advanced ManufacturingCleantechClimate TechEnergyHardwareMumbai, IN

Prateek Bumb(Founder)inAniruddha Sharma(Founder)

Co-investorsWAVE Equity PartnersWesterly WindsAramco VenturesBlume VenturesCemex VenturesChevron Technology Ventures+3 more

Clarke Industrial Engineeringclarkeindustrialengineering.com

Advanced ManufacturingNorth Kingstown, US

Kyle P. Daniels(Executive Officer, Director)inMark Kacer(Executive Officer)ROBERT, JR. F. WILLIAMSON(Director)MICHAEL CHAVIRA(Director)STEPHAN M O'HARA(Director)ALEXANDER J. BLAKE(Director)

Co-investorsAramco VenturesChevron Technology VenturesNew World AngelsOcean Azul Partners

Clarke Valveclarkevalve.comin𝕏Series B · Feb 2018 · $10M

Co-investorsClimate InvestmentNew World AngelsOcean Azul PartnersAlpha Sigma Capital

Data Gumbodatagumbo.comSeries A · Sep 2020 · $4M

Houston, US

Andrew Bruce(Executive Officer, Director)Gerald Smith(Executive Officer)William Fox(Executive Officer)Ove Sandve(Executive Officer)

Co-investorsCarnrite VenturesAramco VenturesEquinor Ventures

Maanamaana.io

San Juan Capistrano, US

Babur Ozden(Executive Officer, Director)Bill Guerry(Executive Officer, Promoter)

BoardJohn Vigouroux(Director, Promoter)Stuart Frost(Director, Promoter)

Co-investorsSaints CapitalAccenture VenturesAramco VenturesChevron Technology VenturesCICCConocoPhillips Technology Ventures+3 more

Rive Technologyrivetechnology.cominOct 2015 · $20M

Monmouth Junction, US

David C. Aldous(Executive Officer, Director)in

BoardWilliam Wiberg(Director)Jamie Kiggen(Director)Daniel Carter(Director)inMichael Zak(Director)David J. Tippeconnic(Director)

Co-investorsAramco VenturesMitsui Global InvestmentThe Blackstone Group

Siluria Technologiessiluria.comNov 2015Acquired

San Francisco catalyst company that converted natural gas to ethylene and fuels; acquired by McDermott in 2019.

San Francisco, US

Edward J Dineen(Executive Officer, Director)Jeffrey P. Wood(Executive Officer)

BoardClinton Bybee(Director)inMichel Maloof(Director)Leighton Read(Director)Paula Reynolds(Director)

Co-investorsLux CapitalPresidio VenturesARCH Venture PartnersKleiner Perkins

Xage Securityxage.cominDec 2018

Xage builds zero trust access and security solutions to protect critical infrastructure systems and prevent cyberattacks.

CybersecurityEnterprise SoftwareIoTSaaSPalo Alto, US

Roman Arutyunov(Executive Officer)inSusanto Irwan(Executive Officer, Director)inSriinDuncan Greatwood(Executive Officer, Director)inDorea El-Sayed(Executive Officer)Norman Thorlakson(Executive Officer)

Co-investorsCity LightMarch Capital PartnersMomenta VenturesPiva CapitalSaints CapitalThe Hive+7 more

Zahroof Valveszahroofvalves.comin𝕏Series C · Jul 2016

Zahroof Valves (now Atlas Copco) develops and manufactures reciprocating compressor valves, unloaders, and related products for oil & gas, chemical processing, and industrial applications.

Advanced ManufacturingEnergyHardwareHouston, US

Michael LeBourgeois(Director)Zahroof Mohamed(Director, President & Chief Technology Officer)Anthony R Gioffredi(Director & CEO)

BoardDaniel Carter(Director)in

Co-investorsAramco Ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

NanoMech

Exits · 2

1 IPOs · 1 acquisitions · showing 1

908 DevicesNASDAQ: MASS

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Saudi Aramco Energy Ventures made?
Saudi Aramco Energy Ventures has 16 tracked investments, 2 of which have exited.
What stage does Saudi Aramco Energy Ventures invest at?
Saudi Aramco Energy Ventures invests at the Series A, Series B, Series C stages.

Co-investors · 2

G20 Ventures

G20 Ventures is an early-stage venture capital firm that backs new businesses with capital, storytelling support, and connections, with a focus on enterprise SaaS companies.

$2M – $5M
Prelude Ventures

Prelude Ventures is a venture capital firm backing entrepreneurs building climate and clean-technology companies across sectors such as energy, carbon management, food and agriculture, mobility, and industrials.

$100K – $5M

Firms observed investing alongside Saudi Aramco Energy Ventures, from public investor directories. Shared companies are the overlap with Saudi Aramco Energy Ventures's recorded portfolio.

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