Prosperity7 Ventures

Prosperity7 Ventures is the diversified growth-stage venture fund of Aramco Ventures, headquartered in Dhahran with additional offices in Riyadh, Beijing, Shanghai, New York and San Francisco. As of January 17, 2024 it expanded to a $3 billion fund (up from an initial $1 billion), investing globally across deep tech, AI/robotics, fintech, cybersecurity, networking and medtech. Its portfolio includes Cohere, Together AI, Jeeves, Nile, Insilico Medicine and TensorWave, with exits including Taulia and Sunrate; it is led in Saudi Arabia by Executive Managing Director Raed Twaily.

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Core GCC

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Recent activity: Expanded its fund to $3 billion, from an initial $1 billion, as of January 17, 2024, to support companies developing disruptive technologies. · source