Thursday November 27th, 2025
Download the app
Copied

Aramco Ventures to Open Paris Office in 2026 to Expand AI Investment

Aramco Ventures is opening a Paris office to lead investments in AI, quantum computing and cybersecurity across Europe.

Startup Scene

Aramco Ventures to Open Paris Office in 2026 to Expand AI Investment

Aramco Ventures, the investment arm of Saudi oil-major Saudi Aramco, is opening an office in Paris to manage and expand its European investments in artificial intelligence, quantum computing and cybersecurity.

The decision to base the office in France reflects the strength of the local tech scene — including promising startups such as Mistral AI — combined with growing government backing for AI development across Europe.

While the new Paris hub will initially target select French firms or funds, the intention is to expand investment scope across the broader European continent.

The move comes as demand surges for AI-driven data infrastructure and compute capacity globally. Aramco Ventures aims to capitalise on that momentum by supporting innovators at the intersection of technology and emerging sectors such as quantum computing and cybersecurity — areas the firm identifies as critical to future industrial and digital infrastructure.

The establishment of the Paris office marks a strategic shift for Aramco Ventures, signalling a broader push beyond energy-sector investments and into high-tech sectors. It may also accelerate Europe’s access to Gulf capital, potentially altering the investment landscape in AI and advanced computing across the region.

×

Be the first to know

Download

The SceneNow App
×