Prosperity7 Ventures
Mohammed AlMugren is a highly experienced professional in strategy and engineering, currently serving as a Senior Strategy Officer at the Saudi Industrial Development Fund (SIDF) since May 2019. Previous roles at SIDF include Strategy Officer and Assistant Strategy Officer. Mohammed held a summer position as an Investment Associate at Prosperity7 Ventures in 2023 and briefly participated in Project1932 as a Little Sib. In earlier experiences, Mohammed interned at Siemens in Business Excellence and Strategy, and worked as an Associate Fellow with the Misk Foundation and a Fellow of the Qimam Fellowship program. Academic achievements include a Master of Business Administration from Stanford University, a Master’s degree in Electrical and Electronics Engineering from KAUST, and a Bachelor’s degree in Electrical and Electronics Engineering from Penn State University, alongside a Certificate in Entrepreneurship from Cornell University and a minor in Entrepreneurship and Innovation.
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Prosperity7 Ventures
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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.