Aramco Ventures’ Post

“We need women who are in positions of power or who have had non-traditional paths into CVC to be visible, showing the emerging leaders of tomorrow what is possible,” says Karinya Turnbull, chief of staff at Shell Ventures. We heard you Karinya, and we completely agree. So here is the list we made of women in #CVC in northern Europe: https://lnkd.in/ejCuZsvU This is the last in a series we have run over the past two years, looking for all the women in CVC around the world. A very big thank you to everyone who helped us put this together! In this final section we are highlighting (among others): Dr. Marie Hurtgen, Alexa Ríos Araneda, CSCP, Ida Christine Brun, Christina Brinck, Ninon Lamarque, Séverine Grégoire, Alexandra (Lexy) Prosszer, Katherine Salguero, Sofia Hasselberg, Cynthia Chen, CFA, Irene Prota, Ana Troncoso Ceola, Basma Kharrat, Hélène Loncin, Ayano Kase, Irina Gorbounova, Lisa Schneider, Aruna Subramanian, Lina Arbelaez, Diane Frachon, Felicity O'Kelly, Elena Watts-Pass, PhD, Nichola Bates #investors #VC #corporateventure

🎤 We have a very exciting announcement! 🎤 We have successfully closed our Series A investment round, which was led by Mercia Ventures and Aramco Ventures, with support from our existing investors including Foresight Group, University of Nottingham, TSP Ventures and British Business Bank. The funds will enable us to build our scaled-up MOF manufacturing facility, expand our team, and implement further projects to demonstrate the power of MOFs in energy transition applications. 💡 Our chief executive officer, James Stephenson said: "The closing of our Series A round represents a significant milestone in the Company’s growth journey, and we are delighted to welcome Mercia Ventures and Aramco Ventures to the Promethean team. It is increasingly evident that a viable carbon capture solution is required to help mitigate the effects of climate change. MOFs show significant promise as a technological solution and Promethean’s manufacturing technology enables their production at unprecedented scale and cost-effectiveness." 💡 Read the full announcement in the link below 👇 https://lnkd.in/eWmHEHgE Make sure you follow us for more updates! #investment #climatetech #MOFs #manufacturing

Today marks an exciting milestone for OXCCU! We’re proud to announce the opening of our OX1 plant at Oxford Airport, a world-first demonstration plant converting CO2 and green hydrogen directly to jet fuel range hydrocarbons in a unique single-step process. OX1 showcases British innovation at its best, developed through a decade of research at the University of Oxford and supported by both significant industry and government investment. This plant will set the stage for our larger OX2 plant at Saltend, helping us deliver cost-effective, scalable PtL SAF. We look forward to showing media and investors around over the coming days. Thanks to BusinessGreen for covering our news - https://lnkd.in/eQmmbFBp #SAF #PtL #Innovation #ClimateTech #OX1Plant

CorrosionRADAR Secures Investment for Growth from Aramco Ventures, Dow, Yusuf bin Ahmed Kanoo Group, and Mercia Ventures. It brings the total value of funding raised to date by CorrosionRADAR to $14 million (£11.7M). This investment will further boost CorrosionRADAR’s growth plans and continue to enable the large-scale deployment of its CUI monitoring systems worldwide. Dr. Chiraz Ennaceur, Chief Executive Officer at CorrosionRADAR, said: “CorrosionRADAR is in a period of rapid growth, and we are leading the way with our predictive CUI monitoring solutions that safeguard critical assets and ensure the longevity of critical infrastructure.” Karl Donner, Dow’s Senior Investment Director - Venture Capital: “At Dow, we’re committed to investing in innovative products and technologies that meet the evolving demands of our customers.” “CorrosionRADAR’s industry-leading CUI monitoring solution has the potential to greatly improve operations in areas such as safety and reliability through the ways in which critical assets can be observed and managed.” MAHDI ALADEL, CEO of Aramco Ventures: “At Aramco Ventures, we champion smart, productive practices in oil and gas asset management through ground-breaking technology across facilities and new projects to maximise equipment uptime and value realisation. By continuing our collaboration and our investment in CorrosionRADAR’s CUI solution, we aim to make this technology a global standard for CUI detection.” ➡ To read the full press release, click the link in the comments. #aramco #saudiaramco #dow #dowchemical #kanoo #mercia #announcement #investment #CUI #remotemonitoring #assetintegrity #predictivemaintenance #oilgas #petrochemical #pressrelease

📝Climate Investment (CI)’s latest Impact Report is out! We’re pleased to share 2023 highlights:  🟢CI has initiated 42 industrial deployments, bringing the total to 154 🟢Our portfolio companies have expanded into new geographies driving global impact. 🟢Our early-stage companies within Catalyst Fund 1 continue to deliver growth and success. 🟢Our portfolio has completed its first two exits. 🟢In 2023, we made seven new investments and also provided follow-up capital to support 11 existing companies. Download the #Impact Report 2023 now to learn more - https://lnkd.in/esGmcvgg

RESULTS: Top North American and Asian Corporate VCs Congratulations to the Top North American and Asian Corporate VCs for their outstanding contribution to the startup ecosystem: 🚀 Aramco Ventures 🍀 Temasek 💎 Toyota Ventures 💡 Chevron Technology Ventures 🎯 BMW i Ventures 🌍 Climate Pledge Fund Let's keep exploring new horizons and transform the world together!💚 P.S.: You can find a link to the top 50 Climate Tech investor funds in the comments. #VentureCapital #corporate #sustainability #innovation #startups #NorthAmerica #Asia