TAPPING INTO ARAMCO'S VALUE CHAIN: A GUIDE FOR STARTUPS & CEOs
TAPPING INTO ARAMCO'S VALUE CHAIN: A GUIDE FOR STARTUPS & CEOs
31 Oct 2024
The discussion revolves around the journey of startups, like Sat View, seeking to be assessed and integrated into a portfolio. The process involves providing a non-confidential pitch deck and, if there's interest, presenting to the team. The focus is on strategic fit and financial return, with an emphasis on deep tech, AI, and biotech. Aramco Ventures, headquartered in Bahrain, supports global companies setting up in Saudi Arabia, offering assistance with commercial registration and access to talent. They are sector-agnostic but avoid defense and entertainment sectors. Prosperity7, a financial VC, invests in scalable, standalone businesses. The strategic venturing side focuses on sustainability and energy transition verticals. They have a collaborative approach, aiming to help startups grow and commercialize their technology.