Startups
We are the $1B 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.
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.
Overview
Location
Saudi Arabia, Eastern Province, Dhahran
Employees
51-200
Founded date
2019
Mentions in press and media 32
| Date | Title | Description |
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| Nov 2, 2026 | Cohere busca captar 4.500 millones de dólares con NVIDIA, Schwarz Group y el Gobierno de Canadá entre sus inversores | Cohere, un proveedor líder de IA soberana para industrias reguladas y gobiernos, anunció el cierre inicial de su ronda de financiación de Serie E con un objetivo de hasta CAD $7 mil millones, lo que representaría una valoración de CAD $35,7... |
| Oct 30, 2026 | Cohere Announces Series E Initial Close Targeting Up To C$7 Billion At C$35.7 Billion Valuation | Cohere has announced the initial close of a Series E financing round targeting up to C$7 billion at a proposed C$35.7 billion valuation as the company expands sovereign AI infrastructure, frontier models, and enterprise products. Companies ... |
| Oct 30, 2026 | Startup Funding News Today, October 30, 2026: Kalshi, Cohere, Bites, Dulo, Opentrons, Firehawk Defense, Wabi & More | More than $1.77 billion in newly announced venture-equity financing flowed into financial technology, artificial intelligence, defense manufacturing, battery materials, and enterprise automation over the past 24 hours. Kalshi led the day’s ... |
| Oct 29, 2026 | Lidl Owner Leads Record Round for Cohere at a €23 Billion Valuation | Set Trending Topics as a preferred source on Google. First it swallowed Aleph Alpha, now it is getting billions from the company behind Lidl. The Canadian A.I. company Cohere has just announced the initial close of its Series E funding roun... |
| Sep 25, 2026 | Snorkel AI Scores $350M | SAN FRANCISCO, CA, Snorkel AI, the frontier AI data lab, announced it raised $350 million at a valuation of $3.5B in a round co-led by Insight Partners and S32. >> Click here for more funding data on Snorkel AI >> To export Sno... |
| Sep 23, 2026 | Snorkel AI Fuels Frontier AI Revolution with $350M Boost | Snorkel AI secured a massive $350 million. Its valuation now stands at $3.5 billion. Annual revenue surged past $350 million. This explosive growth reflects a critical market shift. Frontier AI models demand specialized training data. Simpl... |
| Sep 23, 2026 | Snorkel AI Raises $350 Million To Build Data Factory for Frontier AI Labs | AI models study data. Lots and lots of data. It was easier to train AI in the old days, but now, AI has progressed. More than labeling photos, you can now use AI to do virtually everything. So, it makes sense to create better and harder tra... |
| Sep 22, 2026 | Snorkel AI raises $350M at $3.5B valuation as revenue surges 17X on AI training data boom | Snorkel AI has raised $350 million at a $3.5 billion valuation after its annualized revenue run-rate exploded from roughly $20 million to more than $350 million in about a year, a striking sign of how valuable high-quality training data has... |
| Aug 24, 2026 | Velaura AI Raises $110M to Tackle AI's Power Crisis | Velaura AI recently raised $110M in Series A funding, reaching a $1 billion+ valuation. The company tackles AI's significant power consumption challenge. Its Titan Core silicon platform delivers ultra-low-power AI compute, boosting per... |
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FAQ about p7ventures
When was p7ventures founded?
p7ventures was founded in 2019.
What has the press written about p7ventures?
Parsers VC has collected 32 articles mentioning p7ventures, among them “Cohere busca captar 4.500 millones de dólares con NVIDIA, Schwarz Group y el Gobierno de Canadá entre sus inversores” (Nov 2, 2026) and “Cohere Announces Series E Initial Close Targeting Up To C$7 Billion At C$35.7 Billion Valuation” (Oct 30, 2026).
Is p7ventures still active?
Yes, p7ventures is active; its latest activity on Parsers VC dates from Nov 2, 2026.