IDO Investments

IDO Investments is a venture capital firm specializing in growth capital investments. Based in Oman, it focuses on Life Sciences, Energy and Water, Food and Agriculture sectors, and related technologies. The firm partners with strategic funds to accelerate growth for its portfolio companies, aiming to generate significant value while delivering tangible benefits to the people and industry of Oman.

Philip Boigner

CEO

17 past transactions

Tidal Vision

Series B in 2025
Founded in 2015, Tidal Vision is a sustainable manufacturer based in Ferndale, Washington. It specializes in producing chitosan, a biodegradable biopolymer extracted from crab shells using a zero-waste process. The company offers consistent, high-quality chitosan at competitive prices, tailored for various industrial applications such as water treatment, textiles, and agriculture.

44.01

Series A in 2024
44.01 specializes in CO2 removal from the atmosphere by accelerating the natural weathering process in peridotite rocks, converting captured CO2 into stable minerals.

Energy Dome

Series B in 2023
Energy Dome develops a low-cost, efficient system for long-duration electricity storage using liquid CO2. Its focus is on enabling dispatchable renewable energy production to facilitate the decarbonization of the energy industry and promote sustainability.

Akeed Delivery

Series A in 2021
Akeed Delivery is a food delivery application designed to make food ordering hassle-free. Akeed Delivery assists customers to place an order from their own choice of restaurant or food outlet around them, enabling customers to get the food delivered within the comforts of their home.

Koniku

Series A in 2021
Koniku Inc. is a neurotechnology company based in Berkeley, California, that specializes in the development of co-processors made from biological neurons. Founded in 2015, the company has created innovative technology that enables computers to detect odors, effectively allowing them to "smell." This capability is embodied in the Konikore, a smell processor that can analyze human breath and other bodily fluids to identify diseases before they manifest. Koniku's platform integrates odor positioning and surveillance systems which mimic the sensitivity of biological systems, facilitating applications in healthcare, security, industrial monitoring, and food safety. By leveraging machine learning alongside chemical data collection, Koniku aims to transform everyday environments, such as bathrooms, into data centers that predict health outcomes based on volatile organic compounds.

eMushrif

Series A in 2020
eMushrif specializes in developing Internet of Things (IoT) technology for school buses, focusing on enhancing safety and providing real-time information. Their solutions include automatic attendance marking, a visual child check system, and detection mechanisms to prevent children from being left on the bus. The company offers mobile applications that allow school administrators and parents to track buses and receive important notifications, ensuring the well-being of students during transportation.

Congenica

Series C in 2020
Congenica Ltd. is a biotechnology company that specializes in clinical data solutions for genetic diagnosis. Established in 2012 and headquartered in Hinxton, United Kingdom, it offers the Sapientia platform, a clinical genomic analytics tool that integrates human DNA sequences with deep clinical phenotyping. This platform enables clinicians and researchers to interpret genetic diseases and provides actionable insights for diagnosis, prognosis, and research. Additionally, Sapientia supports personalized medicine by facilitating the creation of disease registries, identifying patient populations for clinical studies, and aiding in the discovery of novel drug targets and biomarkers. Congenica's focus is on improving clinical outcomes through advanced genomic analysis.

Polares Medical

Series B in 2020
Polares Medical S.A. is a medical device company headquartered in Ecublens, Switzerland, with an additional office in Palo Alto, California. The company specializes in developing innovative solutions for the treatment of mitral valve regurgitation. Its proprietary trans-catheter mitral valve system is designed to replace the posterior leaflet of the mitral valve with a prosthetic leaflet, allowing for hemi-replacements that improve coaptation with the native anterior leaflet. This novel approach aims to reduce or eliminate mitral valve regurgitation, addressing a significant medical need for affected patients.

Allurion Technologies

Venture Round in 2020
Allurion Technologies is a medical device company focused on developing weight-loss solutions. It created a swallowable, procedure-less intragastric balloon that resides in the stomach to induce satiety and help overweight and obese patients reduce intake without surgery, endoscopy, or anesthesia. The company offers the Allurion Program, a weight-loss platform that combines the balloon with AI-powered remote patient monitoring, a behavior-change program, secure messaging, and telehealth services delivered through its Allurion VCS. Based in Natick, Massachusetts, Allurion markets its non-surgical device and related services to clinicians and patients worldwide.

Carzaty

Series A in 2019
Carzaty LLC is an online platform established in 2017 and headquartered in Muscat, Oman, that specializes in the retail of motor vehicles. The platform provides customers with a seamless digital car buying experience, enabling them to search, compare, buy, and finance both new and certified used cars. By eliminating the need for traditional showrooms, Carzaty aims to create an affordable and transparent purchasing process that reduces the stress often associated with buying a car. The company operates primarily in Oman and the United Arab Emirates, focusing on delivering comprehensive support for customers, including assistance with paperwork. Carzaty's innovative approach positions it to significantly impact the automotive retail industry.

Sense

Series B in 2019
Sense Labs, Inc. is a technology company based in Cambridge, Massachusetts, specializing in home energy monitoring solutions. Established in 2013, the company develops and manufactures electronic devices that analyze electricity usage in households. Its flagship product, Sense, utilizes current sensors installed on main breakers to capture the electronic signatures of various appliances. This system employs advanced algorithms to identify and differentiate individual devices, providing users with insights into their energy consumption. Sense also offers a range of related products, including Sense Solar, add-on sensors, and various replacement components. The data collected by these devices is transmitted to users via a dedicated mobile application, enhancing the home automation experience.

Innovation Technical Solutions

Venture Round in 2019
Developer of digital transformation solution designed to help Petroleum Companies manage their assets optimally. The company's smart algorithms transform data into actionable insight prioritized by value which triggers the leaned digitized business processes, enabling companies' staff and management to better understand their assets and make informed decisions about them.

Polares Medical

Series A in 2018
Polares Medical S.A. is a medical device company headquartered in Ecublens, Switzerland, with an additional office in Palo Alto, California. The company specializes in developing innovative solutions for the treatment of mitral valve regurgitation. Its proprietary trans-catheter mitral valve system is designed to replace the posterior leaflet of the mitral valve with a prosthetic leaflet, allowing for hemi-replacements that improve coaptation with the native anterior leaflet. This novel approach aims to reduce or eliminate mitral valve regurgitation, addressing a significant medical need for affected patients.

Teal Drones

Series A in 2017
Founded in 2015, Teal Drones specializes in manufacturing high-performance drones. Its flagship product, the Teal One, is renowned for its exceptional flight experience and premium hardware design. The company's drones cater to a wide range of applications including gaming, security inspections, e-commerce, agriculture, and enterprise solutions.

Allurion Technologies

Series C in 2017
Allurion Technologies is a medical device company focused on developing weight-loss solutions. It created a swallowable, procedure-less intragastric balloon that resides in the stomach to induce satiety and help overweight and obese patients reduce intake without surgery, endoscopy, or anesthesia. The company offers the Allurion Program, a weight-loss platform that combines the balloon with AI-powered remote patient monitoring, a behavior-change program, secure messaging, and telehealth services delivered through its Allurion VCS. Based in Natick, Massachusetts, Allurion markets its non-surgical device and related services to clinicians and patients worldwide.

Locum's Nest

Venture Round in 2017
Locum's Nest is an innovative software platform that connects healthcare professionals with vacant work opportunities in hospitals. Founded by former junior doctors who experienced firsthand the challenges of staffing and resource management, the company aims to streamline recruitment processes for temporary contractual workers.

Voltea

Venture Round in 2016
Voltea specializes in water purification systems, serving both residential and commercial customers worldwide. Their DiEntry product offers a salt-free alternative for homes, while CapDI caters to businesses like Pepsi and Marriott, ensuring reliable, high-quality water.
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