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Oman Technology Fund

Asia, Masqat, Oman, Muscat

Description

otf aims to be the innovation hub in MENA region & position Oman as the preferred destination for national and international entrepreneurs

Investor Profile

Oman Technology Fund has backed more than 13 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Non Equity Assistance rounds (top funding stages).
  • Majority of deals are located in United Arab Emirates, Egypt, United States.
  • Strong thematic focus on Transportation, Software, Internet.

Stage Focus

  • Series A (38%)
  • Seed (38%)
  • Non Equity Assistance (8%)
  • Series B (8%)
  • Series C (8%)

Country Focus

  • United Arab Emirates (38%)
  • Egypt (15%)
  • United States (15%)
  • Saudi Arabia (8%)
  • Tunisia (8%)
  • Ireland (8%)
  • Nigeria (8%)

Industry Focus

  • Transportation
  • Software
  • Internet
  • Mobile Apps
  • Apps
  • Gaming
  • Travel
  • Education
  • Credit
  • Payments
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Oman Technology Fund frequently co-invest with?

Banque Misr
Africa, Al Qahirah, Egypt, Cairo
Co-Investments: 1
DiGAME
Asia, Abu Dhabi, United Arab Emirates, Abu Dhabi
Co-Investments: 2
Silicon Badia
North America, New York, United States, New York
Co-Investments: 2
Arzan Venture Capital
Asia, Al Kuwayt, Kuwait, Kuwait
Co-Investments: 2
Shorooq Partners
Asia, Abu Dhabi, United Arab Emirates, Abu Dhabi
Co-Investments: 2
Oqal
Asia, Ar Riyad, Saudi Arabia, Riyadh
Co-Investments: 2
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 2
BECO Capital
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 2
Raed Ventures
Asia, Ar Riyad, Saudi Arabia, Riyadh
Co-Investments: 2
Banque du Caire
Africa, Al Qahirah, Egypt, Nasr City
Co-Investments: 1

Which angels does Oman Technology Fund often collaborate with?

Emilian Popa
Africa, Nairobi Area, Kenya, Nairobi
Shared Deals: 1
ED
North America, New York, United States, New York
Shared Deals: 2

What are some of recent deals done by Oman Technology Fund?

Shift EV

Al Jizah, Al Jizah, Egypt

Shift EV is an electric mobility technology that develops electric vehicle batteries for commercial vehicles.

Consumer ElectronicsElectric VehicleTechnical Support
Series AApr 8, 2022
Amount Raised: $9,000,000
Lucky

Cairo, Al Qahirah, Egypt

Lucky is an app for credit products, offers and cashback rewards.

AppsCreditPayments
Series AMar 20, 2022
Amount Raised: $25,000,000
Wattnow

Tunis, Tunis, Tunisia

Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.

AnalyticsEnergyRenewable EnergySoftware
SeedMar 9, 2022
Amount Raised: $1,300,000
Galactech Studio

Dubai, Dubai, United Arab Emirates

Galactech is a gaming startup building gaming Super App for users allowing them to access multiple gaming services at the same time.

eSportsGamingMobile PaymentsTelecommunications
Non Equity AssistanceJan 16, 2021
QuickBus

Lagos, Lagos, Nigeria

QuickBus is disrupting intercity bus travel in emerging markets, starting with Africa.

E-CommerceInformation TechnologyTransportation
SeedJan 16, 2020
Amount Raised: $1,000,000
QIDZ LLC

Dubai, Dubai, United Arab Emirates

QiDZ is a mobile platform that allows parents to find, plan, and book kid-friendly activities.

AppsDigital EntertainmentEducationMobileMobile AppsSoftware
SeedDec 1, 2019
Amount Raised: $1,000,000
TruKKer

Riyadh, Ar Riyad, Saudi Arabia

TruKKer is a technology-enabled truck aggregator that operates multiple truck types for multiple end markets.

Freight ServiceLogisticsSupply Chain ManagementTransportation
Series ANov 12, 2019
Amount Raised: $23,000,000
AlgoDriven

Dubai, Dubai, United Arab Emirates

AlgoDriven helps dealers, finance and insurance companies, accurately identify and price used cars.

AutomotiveBig DataFinTech
SeedJul 15, 2019
Amount Raised: $625,000
Swvl

Dubai, Dubai, United Arab Emirates

Swvl offers an app that allows customers to book fixed rate rides on buses and vans in their network.

InternetMobile AppsTransportationTravel
Series BNov 22, 2018
Amount Raised: $30,000,000
Swvl

Dubai, Dubai, United Arab Emirates

Swvl offers an app that allows customers to book fixed rate rides on buses and vans in their network.

InternetMobile AppsTransportationTravel
Series AApr 23, 2018
Amount Raised: $8,000,000