"Prosperity7 began with a $1 billion fund, backed by Aramco, with an aim towards diversified growth opportunities."

Technology

The Venture Capital Fund Exploring for the World’s Future Innovators and Disruptive Technologies

A distinguished global venture capital platform, Prosperity7 Ventures, seeks to support disruptive companies and business models, across various sectors

December 8, 2022

Saudi Aramco Energy Ventures

Saudi Aramco Energy Ventures

The Venture Capital Fund Exploring for the World’s Future Innovators and Disruptive Technologies

A distinguished global venture capital platform, Prosperity7 Ventures, seeks to support disruptive companies and business models, across various sectors

December 8, 2022

Saudi Aramco Energy Ventures

Despite a slowdown in 2022, venture capitalists have still managed to raise a record breaking $151 billion in new funds this year, according to Ernst and Young. Venture capital is essential to many startups as a source of financial capital to fund novel technologies, innovations, and business models, in addition investors can add strategic leadership and assistance to foster the development of a startup company.

Operating in a very competitive space, what makes Prosperity7 a distinguished partner of choice for startups is that “Prosperity7 has a vision for setting that truly differentiated platform to be collaborative rather than competitive,” says Aysar Tayeb, Executive Managing Director of Prosperity 7 Ventures.

A Forward-looking VC Platform that is Changing the Ecosystem of Investing

Prosperity7 began with a $1 billion fund, backed by Aramco, with an aim towards diversified growth opportunities. The team is seeking unparalleled disruptive investments with global scalability and resilience; creating partnerships with inspirational founders who align with that vision.

“Building on our great lineage, we are exploring among many startups around the world, looking for that differentiated technology, or new business model, with a solid team behind it, to continue our journey of bringing prosperity to the world,” says Aysar Tayeb.

In addition to their access to financial resources, the Prosperity7 team dedicate themselves to building long-term collaborative partnerships. Through its vast network, Prosperity7 can quickly build connections and identify strategic opportunities for early-stage enterprises to expand, enter new and emerging markets, as well as grow to a global scale of business.

Pioneering Mindset in Various Industries Across the Globe

Prosperity7 is growing its investments across different stages and numerous industries ranging from enterprise, financial, semiconductors, blockchain, food, robotics and mobility, to medical and healthcare solutions, looking to help support the next wave of leading, global champions.  “Companies like Google, Apple or Amazon and many of the famous names we know today, started from the venture capital world.”

Prosperity7 has its vision of the whole world, at the same time, it started by focusing its attention and teams in the US and China, the two largest innovation hubs and each will lead in particular areas.  “Given our mission, you really can't be in one and not the other”