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.

Daisy Garcia

Associate

17 past transactions

Arrcus

Series D in 2023
Arrcus, Inc. is a technology company based in San Jose, California, focused on developing operating systems for networking hardware. Founded in 2016, it offers a range of products designed to support scalable infrastructure across physical, virtual, and cloud environments. Key offerings include ArcOS, a hardware-agnostic network operating system; ArcRR, a 64-bit route reflector; and ArcIQ, an analytics platform that delivers real-time insights for network management and troubleshooting. Additionally, the company provides the Arrcus VDR routing platform, the Arrcus IP/EVPN Clos solution, and a multi-cloud networking platform. Arrcus aims to facilitate network transformation to enhance connectivity among people, machines, and data.

Jaka Robot

Series D in 2022
Jaka Robot develops, engineers, manufactures, and markets industrial robots. Its products include JAKA ZuTM robot, which is a wireless control system that collaborates with mobile applications; JAKA MES, which helps in information integration across various departments in a factory; conveyor systems; palletizing robot systems; and liner molding machines. The company caters to food and beverage, chemical, packaging, electronics, and mechanical processing industries. The company was founded in 2014 and is based in Shanghai, China.

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 Robotics

Series D in 2021
Keenon Robotics is a developer and innovator company that dedicated to develop commercial service robots.

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 founded in 2016 and headquartered in San Francisco, California. The company specializes in building autonomous aircraft systems designed for the delivery of goods, particularly in remote areas. Its innovative aerial cargo delivery system utilizes rotor-based vertical takeoff and landing (VTOL) technology that transitions to wing-based cruise flight, enabling efficient transportation of heavy cargo over long distances. Elroy Air serves a diverse range of applications, including commercial logistics, humanitarian aid, and military operations, contributing to advancements in air transportation and robotics.

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 provider that enables developers to create applications with integrated voice, messaging, and video capabilities through its real-time application programming interface. Founded in 2017 and based in Palo Alto, California, the company offers several key products, including SignalWire CLOUD, an advanced platform utilizing FreeSWITCH technology; SignalWire STACK, an open-source communications solution; and SignalWire Documentation, a web socket-based protocol for real-time call control. Building on the principles of Software-Defined Telecom, SignalWire aims to deliver a global network for secure real-time communications, accessible through user-friendly SDKs. Its technology supports a wide range of applications, from virtual offices to AI bots, with capabilities that extend beyond standard video chat services. Additionally, SignalWire fosters a distributed workforce and actively participates in advancing communication standards, positioning itself as a leader in the evolving landscape of software-powered telecommunications.

Quicktron Robotics

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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