Wednesday, July 13, 2016

Aramco Ventures




“Whoever starts out toward the unknown must consent to venture alone” -- Andre Gide (French writer, humanist and moralist, 1947 nobel prize for literature, 1869-1951)

Saudi Aramco, by some accounts the world’s largest oil company, also invests in startup technology firms.  Aramco Ventures (https://aramcoventures.com/) lists the companies it has invested in.  Most are in the upstream part of the oil industry, but its portfolio includes a number of downstream ventures as well.  For example …

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Downstream

ConXtech
A privately-held construction technology company offers ConX®, a Chassis Based Modular™ structural steel system based on standardized moment connections and building assemblies.
Invested in: April 2015
Location: USA
www.conxtech.com
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Siluria
Breakthrough catalyst and process technologies for converting natural gas to liquids or petrochemicals.
Invested in: July 2014
Location: USA
www.siluria.com
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Novomer
A sustainable chemistry company pioneering a family of high performance environmentally responsible polymers and chemical intermediates.
Invested in: November 2013
Location: USA
www.novomer.com
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Rive Technology
Developer of innovative materials-based solutions for catalytic and separations processes in the petroleum refining, chemicals, water and biofuels industries.
Invested in: July 2013
Location: USA
www.rivetechnology.com
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TIP: Visit the Aramco Ventures site (https://aramcoventures.com/) to view the investment strategy, as well as profiles of the other companies they have chosen to invest in.


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