VC
2019
$3 000 M
Al Sa'adi, Ras Al Khaimah, United Arab Emirates
Investment Ticket
Investment Horizon
Investment Stage
Exit Strategy
Profile
We are the $1B diversified venture capital fund of Aramco Ventures, a subsidiary of Aramco. We invest globally in startups with a long-term view. We support the development of next-generation technologies and business models that will bring prosperity and positive impact on a vast scale.
Our lineage of explorers and entrepreneurs influences everything we do. Our history is built on taking big ideas and turning them into big realities. Our name references the first well to strike oil in Saudi Arabia after six attempts. Prosperity Well, the seventh well, was the largest oil find in the world. This find and ensuing development transformed the lives of generations and has enabled growth and prosperity around the world.
As dedicated long-term partners to our entrepreneurs and companies, we move quickly as we support their growth and success. At Prosperity7 Ventures we partner with today’s pioneers and explorers to enable continued global growth and transformation.
Industry
Region of investment
Prosperity7 Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Prosperity7 Ventures fund
|
Venture Capital (VC)
|
Business Services (B2B)
Fintech
Technology
Deeptech
|
Pre-seed
Seed
|
North America
South America
Europe
Middle East
Africa
Asia
Australia and others
|
$5-10 m
|
$1000 M
|
February 2022
|