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Aramco Ventures Plans Paris Expansion To Strengthen Global Innovation Presence

Aramco Ventures Plans Paris Expansion To Strengthen Global Innovation Presence

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Aramco Ventures announced that it will open a new office in Paris in 2026 as part of its continued effort to expand its global innovation footprint. The initiative aligns with Aramco’s long-term strategy to diversify its business and accelerate investments across advanced technologies supporting energy transformation and next-generation industrial capabilities.

The venture arm currently manages more than $7 billion in allocated capital and targets high-growth companies developing strategic technologies across sustainability, industrial digitization, artificial intelligence, and quantum computing.

The Paris office will operate as a central hub for tapping into France and Europe’s expanding technology ecosystem. France has emerged as one of the European Union’s fastest-growing centers for artificial intelligence, cybersecurity, digital infrastructure, and quantum research, supported by national investment programs and academic institutions such as Paris-Saclay University. Innovation communities like Station F, which has become one of the world’s largest startup campuses, further contribute to the region’s momentum and its ability to attract global investment.

Aramco already maintains a fuel research center in Paris and has previously invested in French startups, including Pasqal, a quantum computing company, and Prophesee, a leader in neuromorphic vision systems. By establishing a dedicated office, Aramco Ventures aims to deepen collaboration with startups, research institutions, and investors while driving the development and scaling of technologies across deeptech, sustainability, artificial intelligence, and quantum systems.

The expansion reflects Aramco’s broader strategy to advance solutions tied to decarbonization, digital transformation, new lower-carbon fuels, and advanced industrial operations. Aramco Ventures also oversees Prosperity7, the company’s disruptive technology investment program, extending its international reach across North America, Europe, and Asia.

 

 

 

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