Our state-of-the-art technology has attracted a giant from the oil and gas industry. Saudi Aramco Energy Ventures is the corporate venture capital arm of Aramco Oil Company.
In early 2020, the famous magazine Business Insider visited us to learn about our technology aiming to revolutionise maritime transportation. In this interview, our CEO, Dr. Mario Michan, explains how our disruptive technology reduces emissions to minimise pollution from the maritime industry. Furthermore, our CTO, Dr. William Ramsay, describes our core technology, SulPure®, as a solution that can be delivered as a SOx reduction system or as both SOx and NOx reduction systems. SulPure®, then, transforms pollutants into a non-hazardous, valuable fertiliser.
Our technology and our purpose have attracted a giant from the fuel industry; Saudi Aramco Energy Venture (SAEV). Today, SAEV is one of our main strategic investors. “Aramco is putting its energy to work, accelerating the delivery of new solutions to the world.” Their mission is to invest globally in start-up and high-growth companies with technologies of strategic importance. Daphne Technology and Saudi Aramco Energy Ventures partnership explained.
Saudi Aramco Energy Ventures is the corporate venturing subsidiary of Saudi Aramco, Saudi Arabia’s fully integrated energy and chemicals company. Being the manager of the world’s largest crude oil reserves and the most reliable supplier of energy globally, this firm develops high-value petrochemical products for international and domestic customers.
Vimeo video by: Business Reporter Film & Video
