Prosperity7 Ventures

Prosperity7 Ventures is the diversified growth fund of Aramco Ventures, a subsidiary of Aramco, the world's leading integrated energy and chemicals company. The firm invests globally with a long-term perspective, focusing on the development of next-generation technologies and business models that drive global transformation and prosperity. With a substantial fund size of $3 billion, Prosperity7 Ventures provides venture capital, mentorship, and access to a vast global network of experts and partners to support innovative companies with disruptive technologies.

The firm's name is inspired by the 'Prosperity Well,' the seventh oil well drilled in Saudi Arabia and the first to strike oil, symbolizing a legacy of pioneering innovation and perseverance. Prosperity7 Ventures was conceived in 2020 and officially launched in 2022, building on a corporate heritage of exploration and entrepreneurship. They are dedicated long-term partners to entrepreneurs, emphasizing dependability, humility, and open-mindedness in their approach to investing.

Prosperity7 Ventures backs exceptional entrepreneurs across a wide range of industries, including DeepTech, Robotics/AI, MedTech/BioTech, Mobility, SecurityTech, FinTech, eCommerce, Cloud/Computing, Foodtech, early-stage enterprise, blockchain, and B2B SaaS. Since its inception, the firm has invested in over 40 companies globally. One notable investment includes leading the B financing round for Simple Psychology, a Chinese mental health consulting platform.

With offices in Dhahran and Riyadh (Saudi Arabia), Beijing and Shanghai (China), and New York City and Palo Alto (USA), Prosperity7 Ventures offers local knowledge, connections, and market access to its portfolio companies. This global presence enables the firm to help startups scale quickly, enter new and emerging markets, and achieve global reach, particularly in the Middle East, China, and the developing world.