Prosperity7 Ventures
Raed Twaily is an experienced executive with a robust background in business development and strategy. Currently serving as the Executive Managing Director, Head of Strategy, and Head of Business Development at Prosperity7 Ventures since January 2020, Raed has previously held key sales management positions at Aramco Chemicals Company, Aramco Trading, and Aramco Asia from 2014 to 2019. Raed's early career includes roles at Sabic Shanghai Trading Co. Ltd and Saudi Aramco, focused on sales and marketing, and joint ventures development. Raed holds a Master of Business Administration from Webster University and a Bachelor's degree in Business from the University of International Business and Economics, complemented by an academic stint at Xiamen University.
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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.