LAB7
LAB7 is a Saudi Aramco-backed deeptech venture builder headquartered in Dhahran that funds, co-develops, and takes minority equity stakes in early-stage startups across manufacturing, digital, and sustainability verticals, providing prototyping infrastructure and market access.
- Company typePrivate
- Founded2024
- HeadquartersDhahran, Saudi Arabia
- Headcount—
- GTM typeB2B
- OfferingServices
What LAB7 does
LAB7 is a deeptech venture builder established by Saudi Aramco and headquartered in Dhahran, Saudi Arabia, that identifies, funds, and co-develops early-stage startups at the intersection of manufacturing, digital, and sustainability domains. Through a screened application portal and a Venture Building Committee approval process, LAB7 selects startups for a structured program offering joint product development with technical experts, access to a 115+ machine prototyping facility, market introduction via business experts, and startup funding, in exchange for minority equity stakes. The strategy explicitly extends to startups located outside Saudi Arabia; partnerships span Singapore (Enterprise Singapore), Finland (Halide Energy), and the United States (Homeostasis), alongside co-development initiatives with the World Economic Forum's UpLink and integration of the proprietary B2Code engine into CONIX.AI's E-Comply platform.
The company's portfolio comprises five disclosed ventures: SafaSun (water-free, mechanical-free self-cleaning solar panels via an electrodynamic layer), B2Code (AI-based building codes compliance checker for engineering drawings), SARsatX (AI-based satellite imagery analytics), Halide Energy (copper redox flow batteries for grid-scale long-duration storage), and Homeostasis (molten salt electrolysis converting CO2 to synthetic graphite for lithium-ion battery anodes). SafaSun and B2Code each won a 2025 Edison Best New Product Award, with the B2Code engine subsequently licensed into a commercial compliance SaaS product.
LAB7's revenue mechanics are equity-driven rather than transactional: the unit captures value through minority equity stakes and in-kind contributions, supplemented by licensing arrangements such as the B2Code-CONIX.AI deal; it does not sell products directly to end customers and does not publicly disclose pricing. As a private operating unit inside Saudi Aramco, LAB7 benefits from the parent's balance sheet, infrastructure, intellectual property governance, and corporate distribution networks, while investment decisions are managed through its own Venture Building Committee.
LAB7 firmographics
Firmographics- Name
- LAB7
- Legal name
- Saudi Arabian Oil Company (Aramco)
- Website
- https://lab7.com.sa
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Short description
- LAB7 is a Saudi Aramco-backed deeptech venture builder headquartered in Dhahran that funds, co-develops, and takes minority equity stakes in early-stage startups across manufacturing, digital, and sustainability verticals, providing prototyping infrastructure and market access.
- Ownership category
- akta.pro rank
LAB7 industry classification
Industry- Product category
- Venture Capital Services
- NAICS
- Scientific Research and Development Services (5417), Other Scientific and Technical Consulting Services (54169)
- SIC
- Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- Makerspaces & Fab Labs (Open Build Studios) (EDAMADAC)
- akta.pro secondary industry
- Makerspace, Innovation Lab & Fab Lab Operations (Tools, Safety, Programming) (EDAEAGAI)
Keywords
Where LAB7 is headquartered
LocationHeadquarters
- HQ city
- Dhahran
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices1 record
Markets served
LAB7 business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Equity Investment in Portfolio Companies: LAB7 participates as a strategic investor and takes a minority equity stake in startups in exchange for both funding and in-kind contributions including product co-development, specialized infrastructure access, market opportunities facilitation, and startup funding.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
LAB7 product offering
Product offeringCore offering
LAB7 is a deeptech venture builder backed by Saudi Aramco that supports early-stage startups in manufacturing, digital, and sustainability domains. The organization provides joint product development with technical experts, access to a prototyping facility with 115+ advanced machines, market access facilitation, and startup funding in exchange for minority equity stakes in portfolio companies. LAB7 does not sell products directly to end customers; instead, portfolio companies commercialize their own offerings.
Product overview
LAB7 is a deeptech venture builder backed by Aramco that supports early-stage startups with high-potential solutions at the intersection of technology and industrial transformation. LAB7's portfolio consists of portfolio companies it has backed through strategic investment and venture building support, including: SARsatX (AI-based satellite imagery analytics), Halide Energy (long-duration copper redox flow energy storage), Homeostasis (CO2-to-synthetic graphite conversion), SafaSun (self-cleaning solar panels), and B2Code (AI-powered building code compliance checker). LAB7 provides startups with joint product development, specialized infrastructure with 115+ equipment, market access facilitation, and startup funding in exchange for minority equity stakes.
Differentiator
Problem solved
Functional benefit
Brands
- SafaSun: Self-cleaning technology for solar panels that is water-free and mechanical-free through an electrodynamic layer on top of the solar panel. Winner of 2025 Edison Award.
- B2Code
- SARsatX
- Halide Energy
- Homeostasis
Products and services
- LAB7 Venture Building Program A deeptech venture building program for early-stage startups in pre-commercialization or early commercialization stages across manufacturing, digital, and sustainability domains. Selected startups receive joint product development with technical experts, access to a 115+ machine prototyping facility, market access facilitation through business experts, and startup funding in exchange for minority equity stakes.
- B2Code AI-based building codes compliance checker that automates the review process of engineering drawings against engineering standards, automates compliance reporting, and validates floor plans directly against regulatory requirements.
- SafaSun Self-cleaning technology for solar panels that is water-free and mechanical-free, using an electrodynamic layer on top of solar panels to maintain panel efficiency.
- SARsatX AI-based satellite imagery analytics portfolio company providing insights from Earth observation data through computer vision and geospatial structured data analysis.
- Halide Energy Finnish portfolio company developing copper redox flow battery systems for long-duration grid-scale energy storage, enabling renewable energy integration and grid stability.
- Homeostasis US-based portfolio company developing molten salt electrolysis technology to convert CO2 emissions into high-purity synthetic graphite for lithium-ion battery anodes.
Quantifiable outcome
- 115+ advanced machines in prototyping facility
- +1 more outcomes
Companies that use LAB7
Customer profileSegments2 records
Ideal customer profiles1 record
LAB7 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature2 records
LAB7 partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- CONIX.AIcoreLAB7's award-winning B2Code engine is being integrated into CONIX.AI's regulatory compliance platform E-Comply. B2Code, developed by LAB7 and licensed to CONIX.AI, automates compliance reporting and validates floor plans against regulatory requirements. The integration enables comprehensive compliance assessments covering national building codes and local municipal requirements.
- Enterprise SingaporecoreLAB7 collaborates with Enterprise Singapore as a Challenge Statement Owner for the 6th Edition of the Sustainability Open Innovation Challenge, joining global industry leaders like Goodyear, Lenovo, and Renault Group. LAB7 focuses on next-generation energy storage solutions and breakthrough carbon utilization technologies. Selected proposals may have opportunity to partner with LAB7 for venture building program onboarding.
- World Economic Forum UpLinkcoreLAB7, in collaboration with the WEF's UpLink, is launching an innovation challenge in the semiconductor and advanced computing space, calling on early-stage deep-tech startups to apply and partner. Semiconductors and advanced computing underpin high-growth sectors such as industrial AI, automation, and advanced analytics.
Scale indicators2 records
Recent moves7 records
Expansion highlights6 records
LAB7 competitors and assessment
Company assessmentDirect peers
- Aramco Ventures: Aramco Ventures is the corporate venture capital arm of Saudi Aramco, making direct equity investments in technology startups relevant to Aramco's operations. It is the most directly comparable peer to LAB7 as a sister organization under the same parent, though it operates as a financial investor while LAB7 is a venture builder with physical infrastructure.
- Founders Factory: Founders Factory is a corporate-backed venture builder that builds and scales startups in partnership with large corporates, providing co-development, infrastructure, and capital. Directly comparable to LAB7's venture-building model with corporate sponsorship, though its focus areas (fintech, health, sustainability) vary.
- Techstars: Techstars is a global accelerator network running mentorship-driven programs for early-stage startups across multiple verticals. Comparable as a venture builder providing structured support and capital to early-stage companies, though it is asset-light versus LAB7.
- SOSV: SOSV is a global venture capital firm running multiple vertical-specific accelerator programs (HAX for hardware, IndieBio for biotech, etc.) focused on deeptech startups. Comparable as a deeptech-focused accelerator/venture builder supporting early-stage companies through infrastructure and capital.
- Plug and Play Tech Center: Plug and Play is a global innovation platform and venture builder running accelerator programs across multiple verticals with corporate partners. Comparable as a multi-vertical venture builder, though it is asset-light versus LAB7's heavy physical infrastructure model.
Broad incumbents
- Shell Ventures: Shell Ventures is the corporate venture arm of Shell, investing in early- to growth-stage startups across energy, mobility, and digital. Comparable as a global energy-major corporate investor backing deeptech ventures, though it operates without LAB7's physical prototyping infrastructure.
- Maersk Growth: Maersk Growth is the corporate venture arm of Maersk, investing in and partnering with startups across logistics, supply chain, and decarbonization. Comparable as a corporate-backed industrial VC supporting deeptech aligned with a major operator's strategic transformation agenda.
- BMW i Ventures: BMW i Ventures is the corporate venture capital arm of BMW, investing in mobility, manufacturing, and sustainability startups. Comparable as a corporate-backed VC supporting industrial deeptech ventures aligned with a major manufacturer's strategic priorities.
- BP Ventures: BP Ventures is the corporate venture arm of BP, investing in startups across energy, mobility, and digital innovation. Comparable as a deep-pocketed energy-major corporate VC backing deeptech aligned with industrial transformation, similar in strategic intent to LAB7 though structured as financial investing.
Emerging players
- Antler: Antler is a global early-stage investor that identifies and supports founders from idea stage through initial traction, with a strong presence in emerging markets including the Middle East. Comparable as a global early-stage investor targeting founder-led deeptech and B2B ventures, though structured as financial investing rather than physical-venture building.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
LAB7 social profiles
Digital presenceLAB7 financial estimates
Financial estimateRevenue estimate
Valuation estimate
LAB7 leadership team
Management profileNumber of profiles
Profiles1 record
LAB7 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LAB7 M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LAB7
What does LAB7 do?
LAB7 is a deeptech venture builder backed by Saudi Aramco that supports early-stage startups in manufacturing, digital, and sustainability domains. The organization provides joint product development with technical experts, access to a prototyping facility with 115+ advanced machines, market access facilitation, and startup funding in exchange for minority equity stakes in portfolio companies. LAB7 does not sell products directly to end customers; instead, portfolio companies commercialize their own offerings.
Is LAB7 a public or private company?
LAB7 is a private company. It is classified as corporate owned and is currently operating.
When was LAB7 founded?
LAB7 was founded in 2024.
Where is LAB7 based?
LAB7 is headquartered in Dhahran, Saudi Arabia, in the Middle East region.
How does LAB7 make money?
One revenue line is on record: equity Investment in Portfolio Companies.
Who are LAB7's main competitors?
Direct peers on record are Aramco Ventures, Founders Factory, Techstars, SOSV and Plug and Play Tech Center. Broad incumbents are Shell Ventures, Maersk Growth, BMW i Ventures and BP Ventures. Antler is listed as an emerging player.
Does LAB7 have an API?
No public API is recorded for LAB7.
What industry is LAB7 in?
LAB7's product category is Venture Capital Services. Its primary akta.pro industry code is EDAMADAC, Makerspaces & Fab Labs (Open Build Studios), with a secondary code of EDAEAGAI, Makerspace, Innovation Lab & Fab Lab Operations (Tools, Safety, Programming). Its NAICS code is 5417 and its SIC code is 8731.