Oman Technology Fund
Est. dry powder
—
Not reported
AUM
—
Not reported
Latest fund
$15M
Wadi Accelerator Programme
Est. cheque size
$150K–
From fund sizes
Deals, last 12 months
—
Not reported
About Oman Technology Fund
Oman Technology Fund (OTF) is an accelerator and incubator program focused on investing in tech start-ups across the Middle East and North Africa. financed by the Government of Oman. The fund aims to provide capital to businesses with technologies addressing global problems in areas including water shortages, industrial applications, AI, big data, VR, and AR. OTF has a total committed capital of up to $150 million to invest in related incubators, accelerators,s, and global venture capital programs. In 2017, OTF launched the Wadi Accelerator Programme, a seed-stage fund and accelerator program. The program is advised by 500 Startups.
- Type
- Venture Capital Firm
- Headquarters
- Muscat, Oman
- Stages
- SeedSeries ASeries BEarly Stage
- Est. cheque size
- $150K–$750K
- Sectors
- Information Technology
- Regions
- Middle East
- Strategies
- Seed
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Seed11
- Series A8
- Add-on1
- Series B1
Across 32 deals
Portfolio sectors
- Software10
- Education/Training3
- Internet3
- Automobiles, Other Vehicles & Parts1
- Consumer Products1
Across 26 companies
Portfolio countries
- United Arab Emirates9
- Tunisia3
- Egypt2
- Jordan2
- Pakistan2
Across 26 companies
Recent investments
Newest 5 of 32
- Series A$5.5M
44.01
Sep 2024 · Series A
- Unspecified Round$50K
Shape
Mar 2023 · Unspecified Round
- Add-on—
PointCheckout Holding Company Ltd
Feb 2023 · Add-on
- Series A$25.3M
Dastgyr Technologies Pvt Ltd
Sep 2022 · Series A
- Series A$9M
Shift EV
Apr 2022 · Series A
Offices
1 location
- Muscat, OmanHQ
Questions about Oman Technology Fund
How much does Oman Technology Fund invest per deal?
Based on the size of its funds, Oman Technology Fund writes estimated cheques of $150K–$750K. Lead cheques usually sit at the top of that range and follow-on cheques lower.
What stages does Oman Technology Fund invest in?
Oman Technology Fund has invested at Seed, Series A, Series B and Early Stage. Its most frequent rounds on record are Seed, Series A and Add-on.
What has Oman Technology Fund invested in recently?
Recent investments include 44.01, Shape and PointCheckout Holding Company Ltd.