Aruna Subramanian is the managing director for Sabic Ventures, the corporate venture capital unit of Saudi Arabia-headquartered petrochemical producer Saudi Basic Industries Corporation, also known as Sabic.
Formed in 2011, Sabic Ventures targets developers of technologies relevant to the corporate’s strategic priorities, with particular focus on circular economy, carbon neutrality, advanced materials solutions for the various markets Sabic is active in, and disruptive agrinutrients technologies.
Among the unit’s current portfolio companies include Void Technologies, which enables material savings in packaging applications; Qpinch, which provides efficient industrial chemical heat pumps for waste heat recover; Hydropoint, the developer of a smart water management system for industrial and commercial applications and New Leaf Symbiotics with a whole new class of microbial-based agricultural solutions.
Subramanian joined Sabic Ventures in 2015 as a senior portfolio manager, having come from over two decades of professional experience in the oil and gas, petrochemical and venture capital industries globally.
Prior to joining the unit, Subramanian held a one-year stint at Chemelot Ventures, where she concentrated on life sciences and materials startups. She began her career at Schlumberger Oilfield Services, the leading global provider of technology and services to the oil and gas industry, where she spent more than a decade in various roles ranging from field to operations, leading up to a general management position in Australasia.
After completing her MBA at IMD Lausanne in 2004, Subramanian joined Shell Technology Ventures (STV), the CVC arm of Anglo-Dutch oil and gas supplier Shell, as a senior investment manager. She also has a bachelor’s degree in engineering from the Indian Institute of Technology in Delhi.
