Investor Profile: Prosperity7 Ventures — Thesis, Cheque Size & How to Apply

If you're wondering how to get funding from Prosperity7 Ventures, start with its identity: it is the diversified growth fund of Aramco Ventures, the corporate venturing arm of Saudi Aramco, and one of the largest technology-investment vehicles in the Middle East. Named after the Prosperity Well — the seventh well drilled in Saudi Arabia and the first to strike oil — Prosperity7 Ventures invests globally in breakthrough technologies and transformational business models, with a long-term view, open to startups far beyond the energy industry.

Prosperity7 Ventures: thesis, fund size and sectors

The fund began as a $1 billion programme in 2019, was publicly unveiled at the LEAP 22 technology conference in Riyadh, and in January 2024 announced an expansion to $3 billion. That makes Prosperity7 the diversified growth fund of Aramco Ventures — distinct from Aramco's strategic Digital-Industrial Fund and Sustainability Fund — investing purely as a financial VC beyond the energy sector. Its stated remit: backing exceptional entrepreneurs building transformative companies that solve the world's toughest problems, from early-stage enterprise technology to healthcare solutions.

Sectors, stages and geographic footprint

On sectors and stages, the firm states its investments range from early-stage enterprise, blockchain, financial and industrial technologies to medical and healthcare solutions. Its portfolio page spans DeepTech, Robotics/AI, MedTech/BioTech, Mobility, SecurityTech, FinTech, eCommerce, Cloud/Computing and Foodtech. The fund is headquartered in Dhahran, with venture offices in Beijing, Shanghai, New York City and San Francisco, and promises portfolio companies access to markets in the Middle East, China and the developing world.

Notable Prosperity7 Ventures portfolio companies

Verified deals include AI-driven drug discovery company Insilico Medicine, whose Series D2 round was led by Prosperity7, bringing the total Series D financing to $95 million (announced August 2022); API-protection firm Cequence Security, which announced a Prosperity7 investment to fund Middle East expansion; autonomous pentesting platform Horizon3.ai, which secured a Prosperity7 investment in January 2026; women's-health diagnostics company CISPOLY, whose RMB 100 million Series B was led by the firm; and AI compute infrastructure company Velaura AI, in whose $110 million Series A the fund participated in August 2026.

Team and how the firm works with founders

The firm is led from Dhahran by Raed Twaily, Executive Managing Director, with Abhishek Shukla heading US investments as Managing Director and Joe Chang and Scott Cai as Managing Directors for China. Beyond capital, Prosperity7 promises quality mentorship and access to a global network of venture firms, market experts and leading companies, plus routes into Middle Eastern and Chinese markets. It does not advertise a formal accelerator programme, and no founder credits or perks scheme is publicly stated.

How to apply for funding

Prosperity7 publishes no public pitch portal or application form. The firm's website invites founders to reach out through its Connect section, which addresses entrepreneurs looking for long-term partners and states that the firm wants to hear from them. In practice, founders engage through warm introductions to the regional investment teams — Dhahran, New York, San Francisco, Beijing or Shanghai — or via the fund's contact details. If no public application route is added, treat outreach as relationship-led rather than form-led.