Prosperity7 Ventures

# Prosperity7 Ventures: A Global Growth Fund Backed by Saudi Energy Leadership

High-Level Overview

Prosperity7 Ventures is a $3 billion diversified venture capital fund operating as the growth-stage investment arm of Aramco Ventures, a subsidiary of Saudi Aramco[2][3]. The firm invests globally with a long-term perspective to support the development of next-generation technologies and transformational business models[3][4]. Rather than focusing narrowly on energy or oil & gas—which it deliberately routes to its sister fund, Aramco Ventures—Prosperity7 pursues a broad mandate across Enterprise Tech, Fintech, Deeptech & AI, B2B, B2C, and Medtech[5].

The fund's mission centers on backing exceptional entrepreneurs to build companies that solve some of the world's toughest problems while creating sustainable growth and positive impact at scale[3][4]. With offices in Dhahran, Beijing, Shanghai, New York City, and San Francisco, Prosperity7 combines venture capital with local market knowledge and access to networks spanning the Middle East, China, and developing markets—a geographic advantage few Western-focused VCs can match[3].

Origin Story

Prosperity7 was founded in 2019[1] as part of Aramco Ventures' broader venture ecosystem. The fund's name carries symbolic weight: it derives from "Prosperity Well," the 7th oil well drilled in Saudi Arabia and the first to strike oil[6]. This naming choice reflects the firm's DNA—rooted in a pioneering geoenergy startup (Saudi Aramco itself) that grew into the world's largest company[3]. Rather than viewing this heritage as limiting, Prosperity7 positions it as a source of institutional wisdom about scaling transformational ventures from inception to global dominance.

The fund emerged during a period when Saudi Arabia was actively diversifying its investment portfolio beyond hydrocarbons. Aramco Ventures created Prosperity7 to deploy capital into breakthrough technologies while maintaining a separate, dedicated vehicle for energy and sustainability investments. This structural separation allowed Prosperity7 to operate with genuine sector agnosticism and attract founders who might otherwise hesitate to engage with an energy conglomerate's venture arm.

Core Differentiators

Unparalleled Capital Scale and Patient Deployment

With $3 billion in assets under management, Prosperity7 operates at a scale that allows it to take calculated risks on visionary ideas and support portfolio companies with genuinely long-term investment horizons[3][5]. This capital depth enables the fund to lead or co-lead larger rounds and provide follow-on funding without the pressure to exit quickly that constrains smaller funds.

Unique Geographic and Market Access

The firm's offices across five continents—with particular strength in China and the Middle East—provide portfolio companies with access to markets and networks that Western-only VCs cannot offer[3]. This is especially valuable for B2B SaaS, fintech, and enterprise tech companies seeking to expand beyond North America and Europe. The fund explicitly leverages its connections to Middle Eastern markets, a region increasingly important for technology adoption and capital deployment.

Operator-First Approach with Deep Industry Expertise

Prosperity7's investment team has overseen more than 50 investments across technology, healthcare, and consumer sectors, with a demonstrated track record of high-profile acquisitions and exits[2]. The fund emphasizes data-driven decision-making and thematic trend identification, positioning itself as a partner that understands both venture mechanics and the operational challenges of scaling startups[2].

Mentorship and Partnership Model

Unlike transactional VCs, Prosperity7 emphasizes long-lasting partnerships, quality mentorship, and access to a network of leading venture capital firms and market experts[3]. This reflects the fund's origin story—it understands that securing capital is only the foundation; building durable companies requires sustained guidance and ecosystem access.

Role in the Broader Tech Landscape

Prosperity7 operates at the intersection of several powerful macro trends. First, it capitalizes on the globalization of venture capital, where geographic diversification and non-Western market access have become competitive advantages. As U.S. and European tech markets mature and face regulatory scrutiny, investors increasingly seek exposure to emerging markets and alternative hubs—precisely where Prosperity7's network excels.

Second, the fund rides the wave of sovereign wealth and corporate venture capital maturation. Saudi Arabia's Public Investment Fund and Aramco's venture arms represent a new class of patient, strategically-minded capital that can afford to take longer time horizons than traditional VC. This positioning allows Prosperity7 to compete for deals not just on valuation but on the quality of partnership and access to downstream corporate relationships.

Third, Prosperity7's sector focus—Enterprise Tech, AI, Deeptech, Fintech, and Medtech—aligns with the industries most likely to generate outsized returns and societal impact over the next decade. By explicitly avoiding energy and sustainability (routing those to Aramco Ventures), the fund signals that it is a genuine technology investor, not a strategic corporate venture arm disguised as a VC.

The fund's influence on the broader ecosystem is subtle but meaningful. It legitimizes non-Western venture capital as a serious player in global tech funding, demonstrates that patient capital can coexist with venture returns, and creates pathways for founders in underserved geographies to access world-class mentorship and networks.

Quick Take & Future Outlook

Prosperity7 Ventures is positioned to become one of the most influential non-traditional venture capital players of the next decade. As geopolitical tensions reshape global supply chains and technology ecosystems, the fund's unique access to Middle Eastern and Asian markets will only become more valuable. The firm's $3 billion scale, combined with its operator-first ethos and geographic diversity, creates a durable competitive moat.

Looking ahead, expect Prosperity7 to deepen its presence in AI and Deeptech—sectors where patient capital and long-term thinking create genuine advantages. The fund will likely become a preferred co-investor for founders seeking to build truly global companies rather than U.S.-centric ones. As corporate venture arms increasingly professionalize and sovereign wealth funds expand their tech allocations, Prosperity7 serves as a template for how to blend strategic capital with genuine venture discipline.

The real test will be whether the fund can generate returns that match its capital scale while maintaining its long-term, impact-oriented philosophy. Early evidence suggests it can—but the next five years will determine whether Prosperity7 becomes a tier-one global venture player or remains a well-capitalized but regionally-focused alternative to Silicon Valley's establishment.