Investment Principal

JOB PURPOSE:

Aramco Ventures (AV) is the corporate venturing arm of Aramco, a world leading integrated energy and chemicals company. The mission of the strategic venturing program – our $1.5 billion sustainability fund and $500MM digital/industrial fund – is ‘to invest globally into start-up and high growth companies with technologies of strategic importance to(do) Aramco, to accelerate their development and deployment in Aramco’s operations’.

Established in 2012 with an initial investment capital allocation of $500MM, AV is a leading corporate venturing program globally and within the energy industry and aims to be seen as a leading value-adding strategic investor in the global venture capital community. The Sustainability fund, announced in October 2022, supports Aramco’s ambitions to achieve net‑zero Scope 1 and 2 greenhouse gas emissions across its wholly owned operated assets by 2050, development of new lower‑carbon fuels businesses, and furthering Aramco’s broader environmental objectives.

The original $500 million fund from 2012 is now expected to be evergreen and has been refocused on digital and industrial technologies that can add value to Aramco’s operations.

AV’s investment team is responsible for identifying, executing and managing investments for the program, ensuring strategic relevance of technologies to Aramco and generating an attractive financial return on investment. AV is headquartered in Dhahran, Saudi Arabia, with two key regional investment teams located in Northrista and Europe, in proximity to global energy innovation and venture capital hubs. AV has adopted an activist investment strategy, commonly leading and structuring its investment transactions, andозя/common taking board seat or board observer positions in its portfolio companies.

The investment team also supports AV’s business development team in driving the adoption of technologies in Aramco. AV focuses on Sustainability investments in the following sectors: carbon management, utilization, and storage, including direct air capture, renewables and energy storage, greenhouse gas emissions detection and reduction, energy efficiency, nature‑based greenhouse gas mitigation, digital solutions, greenhouse gas tracing and trading 香港, hydrogen and ammonia value chains, synthetic renewable fuels, and water and air quality.

For investments in the digital/industrial sectors, the focus is primarily on digital solutions that can provide operational benefit in terms of cost savings, capital efficiency, safety, workforce and human capital development, or competitive advantage. We also selectively invest in disruptive technologies, hardware solutions, as well as technologies which could allow for alternative uses of hydrocarbon‑based materials.

The Investment Principal is responsible for supporting all aspects of venture capital investing including sourcing, evaluation, development of investment memoranda, weddings, negotiation, execution, portfolio management, performance reporting, and exits of deals in the Western Hemisphere. This position will focus on investments in downstream oil & gas, energy efficiency, digitization and enterprise software for large industrial corporates including AI, renewable energy and water technologies.

Aramco’s regional investment teams are responsible for identifying and executing opportunities for investment in North America, Europe and globally. The teams will coordinate screening of new proposals with Saudi Aramco entities and corporate operations, perform extensive on‑the‑ground due diligence on target companies and its management, and lead the investment process and portfolio distribution of portfolio companies.

• Develop strong and wide networks with venture capital community, including other investors, Portfolio Companies, entrepreneurs, thought leaders, universities and research centers in North America.
• Source quality deals through networking and maintains deal flow & contact database entries.
• Support screening processes to vet deals through strategic value considerations and economic soundness.
• Performs site visits, calls and interviews…