Aramco Ventures and Bpifrance establish strategic Investment Partnership to support ...
20 Février 2025
Temps de lecture : 1min
Paris, 20th February 2025 – Aramco Ventures and Bpifrance have signed a strategic Memorandum of Understanding (MoU) to co-invest in French technology companies. The announcement was made at the AI Action Summit, held in Paris, where global leaders, policymakers, and industry pioneers convened to shape the future of artificial intelligence and innovation.
This partnership marks the first collaboration between Aramco Ventures and Bpifrance, reflecting their shared commitment to fostering technological advancements and supporting high-potential startups. The agreement paves the way for co-investments in key sectors such as artificial intelligence, quantum computing, digital transformation, and industrial innovation. The collaboration will also enable knowledge exchange and joint exploration of emerging technologies.
Mahdi Aladel, CEO of Aramco Ventures, said, “We are excited to collaborate with Bpifrance in our exploration of France’s technology and innovation ecosystem, seeking promising investment opportunities.”
Mr Nicolas Dufourcq, CEO of Bpifrance, said: “Our partnership with Aramco Ventures will be a significant opportunity to support the growth of French deeptech companies in the fields of AI, digital, quantum, and industry. This strategic partnership will enhance our ability to innovate and contribute to the global AI ecosystem."
Nicolas Dufourcq, CEO of Bpifrance and Mahdi Aladel, CEO of Aramco Ventures
signing the MoU at the AI Action Summit in Paris
Contacts Presse
Georgina Niom
georgina.niom@bpifrance.fr
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About Bpifrance
Bpifrance finances companies – at each stage of their development – in credit, guarantees and equity. Bpifrance supports them in their innovation and international projects. Bpifrance also ensures their export activity through a wide range of products. Consulting, university, networking and acceleration programs for startups, SMEs and midcaps are also part of the offer offered to entrepreneurs. Thanks to Bpifrance and its 50 regional offices, entrepreneurs benefit from a close, unique and efficient contact person to help them face their challenges.
More information on: www.bpifrance.fr | https://presse.bpifrance.fr
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About Aramco Ventures
Aramco Ventures is the corporate venturing arm of Aramco, the world’s leading fully integrated energy and chemical enterprise. Headquartered in Dhahran with offices in North America, Europe and Asia, Aramco Ventures’ strategic venturing programs invest globally in start-up and high growth companies with technologies of strategic importance to its parent company, Aramco, primarily supporting its operational decarbonization, new lower-carbon fuels businesses, and digital transformation initiatives. Aramco Ventures also operates Prosperity7, the company’s disruptive technologies investment program.
For more information, please visit www.aramcoventures.com.
