LAB7

LAB7, The Venture Building Arm of Aramco, is the centerpiece of a plan to usher in a new era of technology-based startups. As a strategic partner for rapid product launch and market access, LAB7 provides comprehensive support through four key pillars: joint product development with technical experts, specialized infrastructure featuring a rapid prototyping facility with over 115 pieces of equipment, market access facilitated by business experts, and startup funding. As a deeptech venture builder, LAB7 helps bridge the critical gap between early development and market-ready solutions.

The impressive purpose-built facility supports Saudi Arabia’s vision to become a global leader in technology development. Located beside Saudi Arabia’s first commercial oil well Dammam 7, The Prosperity Well, LAB7 pays tribute to the well by continuing its legacy to bring in prosperity through driving innovation and contributing to economic flourishment. As a facilitator of progression, LAB7 offers a fully equipped building designed to foster cutting-edge product development. Extensive tools and infrastructure are spread across two industrial manufacturing wings, featuring high-bay industrial garages that serve as private workspaces for incubated startups.