Prosperity7 Ventures

Prosperity7 Ventures

风险投资与私募股权管理人

Pushing the edge of what's possible.

关于我们

We are the $3B 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.

网站
https://www.prosperity7vc.com/
所属行业
风险投资与私募股权管理人
规模
51-200 人
总部
Dhahran
类型
私人持股
创立
2019

地点

Prosperity7 Ventures员工

动态

  • 查看Prosperity7 Ventures的公司主页,图片

    7,466 位关注者

    Congratulations to the Wherobots team on raising $21.5 million in funding - a milestone that highlights their dedication and vision. ???? Our investment in Wherobots is driven by their innovative approach to geospatial data, which aligns with our commitment to supporting startups that are shaping the future through disruptive technologies and business models. We look forward to seeing Wherobots continue to grow and make meaningful contributions in the years ahead. #Wherobots #Prosperity7 #SpatialData #PortfolioHighlight

    查看Mo Sarwat的档案,图片

    CEO @ Wherobots | We are hiring!

    We raised $21.5 Million for Wherobots! Our journey began when I, then a computer science professor, met Jia Yu, who was completing his PhD at ASU. We quickly bonded over our shared passion for geospatial data and saw its largely untapped potential. We realized that existing data warehousing and analytics tools were fundamentally built for internet data, not geospatial data. As a result, they underperform, and lack key features for intuitive geospatial analysis. On the other hand, legacy geospatial tools live in a silo, are often closed-source, or built on outdated architectures, making geospatial solutions inaccessible for most organizations. To address this, we created Apache Sedona, an open-source geospatial compute framework that has since achieved over 40 million downloads and is used by companies like Amazon and Land O’ Lakes for planetary-scale workloads. After years of growing Apache Sedona, we saw the need for a more comprehensive enterprise solution and launched Wherobots, a fully managed, scalable cloud platform designed to make geospatial solutions easy to build within the modern data and AI ecosystem. This round is led by Felicis—huge thanks to Aydin Senkut and Gabriella G.! Felicis continues to revolutionize the VC industry with their founder-friendly approach and bold investments. We’re also grateful for the strong support from our existing investors, Wing Venture Capital and Clear Ventures. A big thank you to Peter Wagner from Wing VC? who has a keen eye and the patience to back transformative data and AI infrastructure companies like Snowflake, Pinecone, and now Wherobots.? Our friends at Clear Ventures deserve special recognition—Chris Rust and Noor Kamruddin, your targeted AI platform for identifying promising investments and your early belief in us during the uncertain pre-commercial phase mean so much. Lastly, thank you to P7 (Abhishek Shukla) and JetBlue (Ryan Chou) for your participation in this round. We’re excited for the journey ahead! I want to take a moment to thank and applaud the incredible Wherobots team. Over the past two years, we've experienced an astounding 1000% growth. I'm truly humbled to work alongside such talented individuals who make my job both enjoyable and rewarding. This team's dedication and talent inspire confidence in achieving remarkable outcomes now and in the future. Let’s keep it going, Botsters! In closing, I want to emphasize that this is just the beginning. We understand that bringing our vision to life requires collaboration, which is why we’re proud to partner with leading cloud providers like AWS. If you’re already on AWS, you can start leveraging Wherobots today to power your geospatial workloads. The journey ahead is exciting, and we’re thrilled to have you with us!

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  • 查看Prosperity7 Ventures的公司主页,图片

    7,466 位关注者

    The second iteration of our Palo Alto Majlis brought together visionary startup founders, Silicon Valley investors, and thought leaders in technology and entrepreneurship for an inspiring evening. Building on the success of the first Majlis, which inaugurated our Palo Alto office, this gathering served as a platform to explore emerging trends, tackle shared challenges, and explore future opportunities to scale innovation globally. A big thank you to everyone who joined us and enriched the event with their perspectives. Together, we’re driving progress, creating opportunities, and shaping the future of innovation. #Innovation #Entrepreneurship #Collaboration #GlobalImpact #Prosperity7 #Majlis

  • 查看Prosperity7 Ventures的公司主页,图片

    7,466 位关注者

    We’re happy to see that Groq, Cohere, and Insilico Medicine —three of our portfolio companies—have been recognized on Fortune’s AI Innovators 2024 list! ?? This acknowledgment celebrates their groundbreaking contributions to the AI landscape, from reshaping computational architecture and accelerating AI advancements to revolutionizing drug discovery and development. At Prosperity7, we are proud to partner with visionary teams pushing the boundaries of what’s possible. ?? Congratulations to Groq, Cohere, and Insilico Medicine for this well-deserved recognition. The future of innovation looks brighter with you leading the way. ???? Check out the full list here: https://lnkd.in/gx-JDdHV #AIInnovators #Groq #Cohere #InsilicoMedicine #InnovationLeadership #Fortune #Prosperity7

    Fortune 50 AI Innovators

    Fortune 50 AI Innovators

    fortune.com

  • 查看Prosperity7 Ventures的公司主页,图片

    7,466 位关注者

    Congratulations, ArteraAI and Cohere! ?? We're proud to see Prosperity7 portfolio companies leading the way in AI, transforming healthcare diagnostics and overall industry capabilities. ?? #Innovation #Prosperity7 #AramcoVentures #AI #PortfolioHighlight

    查看Aramco Ventures的公司主页,图片

    34,647 位关注者

    We’re thrilled to see four of the pioneering startups we’ve invested in named in Time Magazine's "The Best Inventions of 2024" list. ?? ?? ArteraAI: Leveraging multimodal AI to revolutionize diagnostics, accelerating the future of personalized healthcare. ?? Cohere: Leading the way in AI with its Command R model, making advanced capabilities accessible and impactful for countless industries. ?? Energy Vault: Transforming renewable energy storage with its EVx technology, paving the path for a cleaner, more sustainable future. ?? Spiritus: Breaking new ground in carbon capture and environmental restoration with its innovative Carbon Orchard initiative. Congratulations to each team on this recognition! ?? We’re proud to be part of their journey as they push boundaries and lead the way to a resilient future. ??? Read more here: https://lnkd.in/ekZTJCpd #Innovation #BestInventions2024 #TimeMagazine #Pioneers #AI #Healthcare #PortfolioHighlight #AramcoVentures #Prosperity7

    • The cover of Time Magazine, issued on November 11, 2024, highlighting the Best Inventions of 2024.
  • 查看Prosperity7 Ventures的公司主页,图片

    7,466 位关注者

    Our team was out in full force during the #FII8 Conference, representing our commitment to unlocking groundbreaking opportunities in technology. ?? Through dynamic discussions and a strong presence at the event, the team demonstrated our mission to empower transformative ventures that pave the way for a resilient and prosperous future. ?? Proud to stand alongside a dedicated team that brings our vision to life and continues to push the boundaries of what’s possible in global investment. ???? #Prosperity7 #FIIInstitute

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  • Prosperity7 Ventures转发了

    查看Aramco Ventures的公司主页,图片

    34,647 位关注者

    This morning, in an #FII8 co-hosted breakfast briefing session moderated by former CNN anchor John Defterios, Ahmad Alkhowaiter, Aramco Ventures Chairman, highlighted Aramco’s longstanding role as a technology pioneer—developing advanced solutions across the value chain to enhance operations and strengthen its core business. With a legacy of innovation producing over 1,000 patents annually, Aramco’s global ecosystem connects technology and talent locally and internationally, partnering with top universities and linking our experts with entrepreneurs worldwide. Aramco Ventures, with seven global offices and over 150 investments, is advancing disruptive technologies in sustainability, AI, digital transformation, and more, supporting high-growth companies with both strategic and financial value. Wa'ed Ventures, Aramco’s local venture arm, amplifies impact within the Kingdom, supporting global startups in localization and driving digital economic growth. Aramco’s venture builders, SAIL and LAB7, nurture emerging talent in hard-tech and digital arenas, supporting entrepreneurs from concept to market. Together, we are transforming the innovation landscape for a resilient future. #AramcoVentures #WaedVentures #AramcoInnovationEcosystem aramco FII Institute

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  • Prosperity7 Ventures转发了

    查看Aramco Ventures的公司主页,图片

    34,647 位关注者

    At today’s #FII8 session, “Tapping Into Aramco’s Value Chain: A Guide For Startups And CEOs,” Aramco Ventures and Wa’ed Ventures shared insights on how to leverage Aramco’s venture capital arms for growth and integration into one of the world’s largest innovation ecosystems. ?? Raed Twaily Head of Strategy at Prosperity7, and Taha Syed M Hussain Head of Strategic VC Investments—both from Aramco Ventures—joined Mazen Alasnag, Head of Portfolio Management and Growth, and Mashal M. Alquraisha MapplFin, Portfolio Manager, from Wa'ed Ventures. Together, they provided an invaluable roadmap for startups looking to make their mark within the industry. Each team emphasized the unique mandates and differentiated value their organization brings, illustrating strategic pathways for startups to scale. ?? From fostering local innovation to pushing global tech advancements, the session underscored the immense potential of collaborative growth within Aramco’s ecosystem. Exciting times ahead as our platforms continue to nurture visionary startups and bridge them into Aramco’s transformative network. ???????? #FII8 #AramcoVentures #WaedVentures #Startups #Innovation #EnergyEcosystem #TechLeadership FII Institute

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  • Prosperity7 Ventures转发了

    查看Omar Alnammary的档案,图片

    Empowering Growth of Disruptive Technologies

    Proud Moment for Taulia! Congratulations to Cedric and the incredible team at Taulia on signing this agreement. ?? As one of our legacy portfolio companies, witnessing their growth has been inspiring and deeply rewarding for us at Prosperity7 Ventures, and we couldn’t be prouder to have been part of this journey. Here’s to even greater heights ahead!

    查看Cedric Bru的档案,图片

    CEO at Taulia

    Proud to announce our historic agreement with aramco, supported by the Saudi Industrial Development Fund - SIDF, to establish one of the largest supply chain financing programs in the world. This groundbreaking initiative will empower Aramco's suppliers by providing them with an alternative and reliable source of funding that will fuel further innovation, enhance supply chain resilience, and boost cash flows. By harnessing Taulia’s technology solution, the program aims to unlock billions of Saudi Riyals in liquidity, enabling suppliers to optimize their working capital and strengthen their ability to invest. I?want to thank everyone at Aramco, SIDF, SAP and Taulia who came together as a team to make it possible. I’m looking forward to seeing its positive impact on so many suppliers worldwide.????? Together, we are building the future of finance. https://lnkd.in/g8tRSqdp

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  • 查看Prosperity7 Ventures的公司主页,图片

    7,466 位关注者

    In this video, our Executive Managing Director, Aysar Tayeb and Head of Strategy, Raed Twaily introduce Hyperview, a portfolio company we’re proud investors in. This forward-thinking development in heavy-duty trucking, powered by hydrogen and featuring autonomous driving technology, exemplifies how innovative solutions can elevate efficiency and safety. This investment reflects our commitment to empowering advancements that drive impactful change across industries. #InnovationInAction #HeavyDuty #HydrogenPower #AutonomousTech #PortfolioHighlight #FutureMobility #Prosperity7 #Hyperview #AramcoVentures

    查看aramco的公司主页,图片

    5,628,250 位关注者

    In collaboration with HyperView, and as part of our long-term strategy to reduce the carbon footprint of the transport sector, we introduce the next-generation heavy-duty truck for logistics and transportations #aramco

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