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Saudi Aramco Energy Ventures is the corporate venturing subsidiary of Saudi Aramco, the Saudi Arabian national oil company. The firm seeks to invest globally into early-stage and high growth companies with technologies of strategic importance to Aramco, to accelerate their development and their deployment in the Kingdom of Saudi Arabia. Saudi Aramco Energy will invest in upstream and downstream oil and gas, petrochemicals, renewables, energy efficiency and water sectors. Their objective is to deploy technologies that enhance the identification and management of reserves, enhance primary energy production, improve operational efficiency, increase value capture in downstream processing, and support optimization of Kingdom energy and water consumption. Typical investments are in the range of $2-20 million over 2-3 rounds of financing, but there is flexibility to invest from $1 million up to $30 million total exposure per company.
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