Prosperity7 Ventures

Prosperity7 Ventures is a diversified growth venturing program established by Aramco in 2019, focusing on investments in disruptive technologies and startups beyond the energy sector. With a capital of $1 billion, the firm targets early and growth-stage companies, primarily in the United States and China, across various industries such as medtech, fintech, blockchain, and industrial technologies. By partnering with innovators and visionaries, Prosperity7 Ventures aims to foster scalable solutions that have significant global impact. The firm operates from multiple locations, including Beijing, New York City, Dhahran, San Francisco, and Shanghai, reflecting its international investment strategy.

Balsam AlSaif

Investor

Iliya Bozhkov

Associate

Crystal Chen

Associate

Daisy Garcia

Associate

Liusha Geng

Associate

Zhengnan Liu

Principal

Skylar Liu

Investor

Aysar Tayeb

Managing Director

Kate Zhang

Associate

Xi Zhang

Associate

Fiona Zhang

Principal

Sean Lee Sang Sub

Principal

Shumeng (Simona) Xu

Associate

Jiting(继霆) Peng(彭)

Principal

17 past transactions

Arrcus

Series D in 2023
Arrcus, Inc. develops closed-source operating systems for switches and routers, focusing on creating scalable infrastructure for physical, virtual, and cloud network environments. Founded in 2016 and based in San Jose, California, the company offers a range of products, including ArcOS, a hardware-agnostic network operating system; ArcRR, a 64-bit route reflector; and ArcIQ, an analytics platform that provides real-time network insights for incident management and troubleshooting. Additional offerings include the Arrcus VDR routing platform and solutions for IP/EVPN Clos and multi-cloud networking. Arrcus aims to facilitate network transformation by interconnecting people, machines, and data, enabling businesses to streamline operations and enhance manageability across their entire infrastructure.

Jaka Robot

Series D in 2022
Jaka Robot is a Shanghai-based company that specializes in the development, engineering, manufacturing, and marketing of industrial robots. Founded in 2014, the company offers a range of products including the JAKA ZuTM robot, which features a wireless control system compatible with mobile applications, and JAKA MES, a system designed for information integration across various factory departments. Additionally, Jaka Robot produces conveyor systems, palletizing robot systems, and liner molding machines. The company's offerings cater to multiple industries, including food and beverage, chemical, packaging, electronics, and mechanical processing.

Rain AI

Venture Round in 2022
Rain Neuromorphics Inc. specializes in the development of advanced nanotechnology-based chips designed for artificial intelligence applications. The company's flagship product, the Memristive Nanowire Neural Network (MN3), enables AI to process data directly on the chip, facilitating on-device learning. This innovative approach mimics the computational efficiency of the human brain, allowing for valuable insights into biological brain operations. By shifting learning tasks from traditional data center architectures to compact, energy-efficient chips suitable for devices like smartphones, Rain Neuromorphics significantly enhances low-power and cost-effective localized AI processing. Founded in 2017 and based in Gainesville, Florida, the company aims to revolutionize AI technology through its cutting-edge neural network solutions.

Fourier Intelligence

Series D in 2022
Shanghai Fourier Intelligence Co. Ltd. specializes in the development of exoskeleton and rehabilitation robotics products aimed at enhancing mobility and therapeutic outcomes for users with movement impairments. Key products include the ExoMotus X2, an exoskeleton robot designed for walking assistance, and the ArmMotus M2, which aids in arm rehabilitation, focusing on shoulder and elbow joint movement. The WristMotus M1-W facilitates normal wrist movements, while CycleMotus provides an intuitive interface for patients to continue rehabilitation at home after clinical discharge. Additionally, the company is involved in various initiatives such as the Fourier Intelligence Group Therapy (FiGT), the Fourier Intelligent Rehabilitation Hub (FiRH), and the Fourier Exoskeleton & Robotics Open Platform System (EXOPS), which are aimed at advancing education and development in exoskeleton and robotics systems. Founded in 2015 and based in Shanghai, Fourier Intelligence combines technology and design to address the needs of individuals with disabilities and enhance their quality of life.
Simple psychology belongs to Beijing Zhujian Technology Co., Ltd. Simple psychology focuses on providing high-quality psychological services.

NeuraMatrix

Series A in 2021
NeuraMatrix is ​​a cutting-edge brain-computer interface technology developer. It uses cutting-edge question-computer interface technology to establish the ultimate way and platform for interactive human-computer information interaction, and realizes a one-stop service solution from hardware to software to digital devices. Influencing factors in brain science, neurological disease research, diagnosis and treatment, and innovating the new drug research and development evaluation system for neurological diseases, the wellhead is leveraging the enormous commercial application value of brain-computer interfaces. Recently completed 100 million yuan A round of financing, led by Huagai Capital, Saudi Aramco's diversified venture capital fund Prosperity7 Ventures, and old shareholder Jingwei China joined the investment. This round of financing will be mainly used for R&D equipment update, chip mass production, product iteration and market promotion.

Keenon

Series D in 2021
Keenon Robotics is a company focused on the development of commercial service robots designed for use in various sectors, including restaurants, catering, hotels, retail, hospitals, and museums. The robots employ advanced technologies such as artificial intelligence, machine vision, and machine learning to enhance operational efficiency. By automating workflows, Keenon's robots help businesses reduce costs and improve service delivery in various applications, including food delivery and customer assistance. The innovation and capabilities of these robots position Keenon as a significant player in the growing market for automation solutions across diverse industries.

StreamNative

Series A in 2021
StreamNative provides a cloud-native event streaming platform built on Apache Pulsar, allowing organizations to transform enterprise data into real-time streams. This platform is designed to support a wide range of industries, including gaming, financial services, blockchain, retail, logistics, manufacturing, media, and IoT. By leveraging the architectural benefits of Apache Pulsar, StreamNative enables companies to consolidate data from disparate legacy systems into a unified, real-time event streaming environment, facilitating immediate action and collaboration among data science, engineering, and business teams. The company was founded by experienced members of the Apache Pulsar and BookKeeper communities, who have extensive expertise in deploying Pulsar at scale for major internet companies. Headquartered in San Francisco, StreamNative also has offices in Beijing, Shanghai, and Shenzhen, underscoring its global reach and commitment to enhancing enterprise operations through innovative data solutions.

Elroy Air

Series A in 2021
Elroy Air, Inc. is an aerospace and logistics company based in San Francisco, California, founded in 2016. The company develops autonomous aircraft systems capable of delivering goods, focusing on logistics, robotics, and air transportation. Its innovative aerial cargo delivery system features rotor-based vertical takeoff and landing (VTOL) capabilities, transitioning to wing-based cruise flight for long-range operations. Elroy Air's delivery drones are designed to transport heavy cargo over long distances, making them suitable for commercial, humanitarian, and military applications. The aircraft can efficiently serve remote areas with challenging infrastructure, providing rapid humanitarian aid and resupply for military operations while minimizing costs and environmental impacts compared to traditional aircraft. This technology enables businesses to enhance their express delivery options, particularly in the middle mile of the logistics chain.

VirtAI Tech

Series B in 2021
VirtAI Tech’s Orion AI computing platform helps customers build datacenter class AI accelerator resource pools so that user applications can transparently share and use AI accelerators on any server in the data center without modification, which can not only help customers improve resource utilization and can greatly facilitate the deployment of user applications. A bunch of artificial intelligence, Internet and public cloud companies have begun to use the Orion AI computing platform.

Fourier Intelligence

Series C in 2021
Shanghai Fourier Intelligence Co. Ltd. specializes in the development of exoskeleton and rehabilitation robotics products aimed at enhancing mobility and therapeutic outcomes for users with movement impairments. Key products include the ExoMotus X2, an exoskeleton robot designed for walking assistance, and the ArmMotus M2, which aids in arm rehabilitation, focusing on shoulder and elbow joint movement. The WristMotus M1-W facilitates normal wrist movements, while CycleMotus provides an intuitive interface for patients to continue rehabilitation at home after clinical discharge. Additionally, the company is involved in various initiatives such as the Fourier Intelligence Group Therapy (FiGT), the Fourier Intelligent Rehabilitation Hub (FiRH), and the Fourier Exoskeleton & Robotics Open Platform System (EXOPS), which are aimed at advancing education and development in exoskeleton and robotics systems. Founded in 2015 and based in Shanghai, Fourier Intelligence combines technology and design to address the needs of individuals with disabilities and enhance their quality of life.

Red Date Technology

Series A in 2021
Red Date Technology one of the four founding members of the Blockchain-based Service Network (BSN).

Wasabi

Series C in 2021
Wasabi Technologies, Inc. is a cloud storage provider that offers a fast and cost-effective platform for hybrid and multi-cloud media workflows. The company specializes in hot storage solutions compatible with Amazon S3, delivering average time-to-first-byte speeds of less than 15 milliseconds and ensuring data integrity with active checking. Wasabi's services support a variety of applications, including archiving, backup and recovery, content delivery, and data analytics, catering to sectors such as media and entertainment, education, healthcare, and law enforcement. The company provides a free trial capped at 1 TB of storage and offers flexible pricing options, ensuring that organizations can access secure and reliable data storage without complex pricing structures or unpredictable fees. Founded in 2016 and headquartered in Boston, Massachusetts, Wasabi was previously known as BlueArchive, Inc. before rebranding in 2017.

SignalWire

Series B in 2021
SignalWire, Inc. is a cloud communications platform that enables developers to create applications and infrastructure for voice, messaging, and video capabilities using real-time APIs. Founded in 2017 and headquartered in Palo Alto, California, the company builds on the legacy of the FreeSWITCH open-source project, aiming to provide a global network for real-time communications over secure, standards-based channels. Its offerings include SignalWire CLOUD, based on FreeSWITCH technology, and SignalWire STACK, an open-source platform. The products facilitate the development of rich audio and video applications that function seamlessly in mobile browsers without additional software. SignalWire’s technology supports a wide range of communication interfaces while emphasizing scalability and programmability. The company operates with a fully distributed workforce across multiple locations, which has influenced its product development and adaptability, especially during the pandemic. Additionally, SignalWire is engaged in advancing the standards that underpin real-time communications on the Internet, positioning itself as a leader in software-powered telecommunications solutions.

Quicktron

Series C in 2020
Quicktron Robotics is an industrial automation company that provides hardware, control software, and robotic system solutions. It specializes in developing intelligent driving, robot, autonomous driving, automation, fulfillment center, and material handling.

SiFive

Series E in 2020
SiFive, Inc. is a semiconductor company that specializes in designing and manufacturing chips, particularly focused on RISC-V architecture. Founded in 2015 and headquartered in San Mateo, California, with additional offices worldwide, SiFive develops multi-core application processors, embedded microcontrollers, and system-on-chip (SoC) products tailored for various applications, including IoT and wearables. The company provides software development kits, toolchains, and utilities to facilitate the development of RISC-V devices, enhancing the efficiency and affordability of hardware design. By leveraging open-source principles and software automation, SiFive aims to accelerate innovation in the semiconductor industry, enabling both large and small businesses to bring new hardware solutions to market more rapidly.

Taulia

Venture Round in 2020
Taulia Inc. is a technology company specializing in supply chain management and financing software solutions, founded in 2009 and headquartered in San Francisco, California. The company offers a range of services for businesses, including dynamic discounting, supply chain finance, cash forecasting, invoice automation, and supplier management. Its platform enables organizations to convert invoices into revenue opportunities by facilitating early payments and providing access to electronic invoicing without imposing fees on suppliers. Additionally, Taulia empowers suppliers through self-service tools, enhancing their operational efficiency. With a presence in various global locations, including offices in the United Kingdom, Germany, and Australia, Taulia has formed a strategic alliance with KPMG to strengthen its offerings in the financial technology sector.
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