Prosperity7 Ventures
Finance · Saudi Arabia · 51-200 Employees
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Overview
Headquarters
Saudi ArabiaWebsite
www.prosperity7vc.comRevenue
$7.5 MillionIndustry
ZI Rank: 1
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ZI Rank
2
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About Prosperity7 Ventures
Prosperity7 Ventures is the diversified growth fund of Aramco Ventures, a subsidiary of Aramco, the world's leading integrated energy and chemicals company. The fund's name is derived from 'Prosperity Well', the 7th oil well drilled in Saudi Arabia and the first to strike oil. Taking forward this pioneering history, the company invest globally, with a long term-view, in breakthrough technologies and transformational business models that will bring prosperity and positive impact on a vast scale.Explore more
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Prosperity7 Ventures News & Media
Virtue AI Raises $30M in Seed and Series A Funding
Virtue AI, a San Francisco, CA-based privacy-preserving AI systems company, raised $30M in Seed and Series A funding. Backers inlcuded Lightspeed Venture Partners and Walden Catalyst Ventures, and joined by Prosperity7 and other existing investors including Factory, Osage University Partners, Lip-Bu Tan, Amarjit Gill and Chris Re. The company intends to use the funds to […] The post Virtue AI Raises $30M in Seed and Series A Funding appeared first on FinSMEs.Rescale Raises $115M in Series D Funding
Rescale, a San Francisco, CA-based provider of a digital engineering platform, raised $115M in Series D funding. Backers included Applied Ventures, Atika Capital, Foxconn, Hanwha Asset Management Deeptech Venture Fund, Hitachi Ventures, NEC Orchestrating Future Fund, NVIDIA, Prosperity7, SineWave Ventures, Translink Capital, University of Michigan, and Y Combinator, bringing total amount to over $260M. Early investors included Sam Altman, Jeff […] The post Rescale Raises $115M in Series D FundinZEDEDA Opens Middle East Headquarters in Abu Dhabi to Support Regional Growth
SAN JOSE, Calif. and ABU DHABI, United Arab Emirates, Jan. 17, 2025 -- ZEDEDA, a leader in edge management and orchestration, has announced the opening ofZEDEDA Expands Global Footprint With New Middle East Headquarters, Welcomes Strategic Investment From Alpha Wave and Prosperity7
SAN JOSE, Calif. & ABU DHABI, United Arab Emirates--(BUSINESS WIRE)-- #CleanEnergy--ZEDEDA, the leader in edge management and orchestration, today announced the opening of its Middle East headquarters in Abu Dhabi and new strategic investments from Alpha Wave Incubation and Prosperity7, a diversified venture capital fund of Aramco Ventures, a subsidiary of Aramco, marking a significant expansion of its global operations. This growth comes in response to accelerating demand for edge computing and
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Prosperity7 Ventures is the diversified growth fund of Aramco Ventures, a subsidiary of Aramco, the world's leading integrated energy and chemicals company. The fund's name is derived from 'Prosperity Well', the 7th oil well drilled in Saudi Arabia and the first to strike oil. Taking forward this pioneering history, the company invest globally, wit... Read More
