Arne Froiland

Senior Investment Director, Saudi Aramco Energy Ventures
Arne Froiland, based in Oslo on Aramco Ventures' Europe team, focuses on industrial and energy technology, with board roles and ties to Aize and InflowControl in subsurface and geoscience software.
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No
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Europe, Baltic Sea Region and diaspora
Arne Froiland
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Energy
Climate
AI
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About Arne Froiland

Arne Froiland invests in industrial and energy technology, with deep involvement in subsurface and geoscience software companies through board roles at firms like Earth Science Analytics and ties to Aize and InflowControl. Based in Oslo while working on Aramco Ventures' Europe team, he connects Middle East capital with Nordic industrial-tech companies, focusing on software for heavy industries rather than consumer or general business apps.

About their Fund

Saudi Aramco Energy Ventures

Sectors
Energy, Climate, AI, Deeptech / Hardware, Cybersecurity
Rounds
Seed - Series B+
Avg Check Size

Saudi Aramco Energy Ventures backs technologies of strategic importance to Aramco, using Aramco's assets, engineers, procurement, and market access to help portfolio companies develop and deploy their technology in Saudi Arabia, with typical holding periods of 6-7 years to match the slower pace of energy-industry adoption. Its investments span areas like drilling decision support, devices that stop unwanted gas or water during production, converting captured CO2 into products like plastics, and digital tools for trading and operations, reflecting a broad focus across upstream, downstream, renewables, and industrial technology rather than a narrow slice of energy tech.

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