Oraseya Capital

Oraseya Capital serves as the dedicated venture capital arm of the Dubai Integrated Economic Zones Authority (DIEZ), a pivotal entity in Dubai's economic landscape. Established to foster innovation and economic diversification, Oraseya Capital strategically invests in high-growth startups and innovative companies across various sectors. Its mandate aligns closely with Dubai's broader vision for a knowledge-based economy, leveraging the robust infrastructure and business ecosystems provided by DIEZ's three free zones: Dubai Airport Freezone (DAFZA), Dubai Silicon Oasis (DSO), and Dubai CommerCity. This unique positioning allows Oraseya Capital to offer portfolio companies not just capital, but also access to a vast network of businesses, talent, and strategic partnerships within these thriving economic zones.

The firm primarily targets early-stage to growth-stage companies, with a particular interest in sectors that complement Dubai's strategic economic objectives, including technology, logistics, e-commerce, and future technologies. Oraseya Capital plays a crucial role in nurturing the startup ecosystem within the UAE, aiming to identify and support ventures that can contribute significantly to job creation and economic growth. For instance, the firm participated in the $10 million Series A funding round for The Giving Movement, a sustainable fashion brand, demonstrating its commitment to supporting impactful businesses. Other notable investments include fintech firm Mamo Pay, which raised an $8 million seed round, and re-commerce platform Cartlow, which secured an $18 million Series A.

Looking ahead, Oraseya Capital has ambitious plans to expand its portfolio. Reports from March 2023 indicate the firm aims to invest in 20 to 30 startups over the subsequent five years, underscoring its active role in the regional venture capital scene. While specific typical check sizes are not publicly disclosed, their participation in significant funding rounds, such as Cartlow's $18 million Series A, suggests an ability to deploy substantial capital into promising ventures. Oraseya Capital's strategic investments are designed to not only generate financial returns but also to contribute to the long-term economic resilience and innovation capacity of Dubai and the wider UAE.