Oman Technology Fund

Oman Technology Fund, established in 2016 and based in Muscat, Oman, operates as a venture capital firm that focuses on investing in technology companies throughout Oman and the broader Middle East region. The fund manages three micro-funds tailored to different stages of company development: Techween, which provides seed investments of $50,000 for idea stage ventures; Wadi Accelerator, which offers initial investments of approximately $100,000 for acceleration stage companies; and Jasoor Ventures, which invests between $500,000 and $3 million for growth stage firms, with additional follow-on funding available. In addition to its investment activities, Oman Technology Fund also offers incubation and acceleration services to support the growth of technology startups.

Anurag Agarwal

Managing Director

Yousuf Al-Harthy

CEO

Charles Ell

Investment Manager

Mohammed Al Rasbi

Managing Director

Past deals in Gulf Cooperation Council

TachyHealth

Seed Round in 2021
TachyHealth is a healthcare startup based in Dubai and Delaware that focuses on artificial intelligence solutions designed to enhance interactions between healthcare payers and providers. The company aims to transform the payer-to-provider dynamic to support value-based care. TachyHealth specializes in artificial intelligence, business analytics, and visual realities, which enables healthcare providers to save time and improve operational efficiency, while also assisting payers in managing claims and conducting medical audits. Through its innovative technology, TachyHealth seeks to streamline processes and improve outcomes within the healthcare system.

Galactech

Seed Round in 2020
Galactech Studio, founded in 2016 and headquartered in Mégrine, Tunisia, specializes in developing games and immersive experiences utilizing virtual reality (VR) and augmented reality (AR) technologies. The company serves as an end-to-end value-added services (VAS) provider, collaborating closely with telecom operators to aggregate and deliver a diverse range of entertainment offerings. With a presence in more than 40 countries across three continents, Galactech Studio focuses on creative content and content publishing, leveraging mobile platforms to enhance user engagement through gamification and unique interactive experiences. The company also maintains offices in the United Arab Emirates and Germany, further expanding its reach in the global entertainment market.

Galactech

Seed Round in 2020
Galactech Studio, founded in 2016 and headquartered in Mégrine, Tunisia, specializes in developing games and immersive experiences utilizing virtual reality (VR) and augmented reality (AR) technologies. The company serves as an end-to-end value-added services (VAS) provider, collaborating closely with telecom operators to aggregate and deliver a diverse range of entertainment offerings. With a presence in more than 40 countries across three continents, Galactech Studio focuses on creative content and content publishing, leveraging mobile platforms to enhance user engagement through gamification and unique interactive experiences. The company also maintains offices in the United Arab Emirates and Germany, further expanding its reach in the global entertainment market.

Felix

Seed Round in 2020
Felix is a B2B SaaS platform to seamlessly connect insurers, intermediaries and their consumers to the insurance ecosystem. Their platform will allow traditional brokers to focus on their key strengths like product knowledge and underwriting whilst simultaneously delivering to their customers a digital experience that surpasses the experience offered by today’s online incumbents.

Galactech

Seed Round in 2020
Galactech Studio, founded in 2016 and headquartered in Mégrine, Tunisia, specializes in developing games and immersive experiences utilizing virtual reality (VR) and augmented reality (AR) technologies. The company serves as an end-to-end value-added services (VAS) provider, collaborating closely with telecom operators to aggregate and deliver a diverse range of entertainment offerings. With a presence in more than 40 countries across three continents, Galactech Studio focuses on creative content and content publishing, leveraging mobile platforms to enhance user engagement through gamification and unique interactive experiences. The company also maintains offices in the United Arab Emirates and Germany, further expanding its reach in the global entertainment market.

Bima

Seed Round in 2020
Oman based online insurance broker with a unique user experience.

Hala

Seed Round in 2020
Hala is the first car insurance product in the UAE that incentivizes safe driving by rewarding users with hala coins for each day they drive without accidents. These coins can be redeemed for various services, including meals, gym memberships, and hotel stays, promoting a culture of safety among drivers. Hala operates within the insurtech sector, utilizing innovative approaches to enhance customer engagement and provide a unique value proposition in the insurance market. The service is designed to encourage responsible driving behavior while offering tangible rewards, thus making car insurance a more appealing and interactive experience for users.

Bon

Pre Seed Round in 2020
Bon is an eCommerce website that connects coffeeholic with a wide selection of roasteries, tools, and accessories providers. to connect the coffee market together in one place

QiDZ

Seed Round in 2019
QIDZ LLC is a mobile application developer based in Dubai, United Arab Emirates, founded in 2017. The company specializes in connecting parents with vendors offering entertainment, education, and after-school activities for children. Its platform allows users to discover carefully curated fun and educational activities, access exclusive deals, and book services online instantly. By facilitating this connection, QIDZ enables parents to efficiently plan family outings while providing vendors with a targeted audience to promote their offerings.

TruKKer

Series A in 2019
TruKKer operates a digital freight network designed to enhance land freight services by integrating demand and supply through real-time data analytics. The platform simplifies logistics and fleet management by connecting shippers with available transporters, ensuring optimal asset utilization while reducing transportation costs. By leveraging data, TruKKer promotes reliability and transparency in the logistics process, creating opportunities for cost savings and improved efficiency. Its rapid growth is facilitating data monetization and consolidated procurement, allowing businesses to navigate cross-border transportation with greater ease.

AlgoDriven

Seed Round in 2019
AlgoDriven Limited is an automotive software company that specializes in providing data-driven solutions for accurately pricing and identifying used cars. The company develops EvalExpert, a mobile appraisal tool that assists car dealers, finance brokers, and rental companies in evaluating vehicles effectively. Additionally, its DriveExpert platform supports the management of test drives and loan vehicles. Founded in 2016 and based in Dubai, AlgoDriven operates in several regions, including Australia, New Zealand, the United Arab Emirates, Hong Kong, and China, with additional offices in Muscat and Brisbane. By leveraging big data and artificial intelligence, AlgoDriven enables car dealers, banks, and insurance firms to streamline their vehicle appraisal and pricing processes, enhancing operational efficiency across the automotive industry.

eMushrif

Seed Round in 2019
eMushrif is bringing IoT technology to school buses enabling automatic attendance marking, visual child check system and detection system to ensure no child left on the school bus. The system also provides school admins and parents with mobile apps to track buses and kids along with important notifications.

OjaBox

Pre Seed Round in 2018
Ojabox is a Cloud based Project collaboration platform, helping creative teams to host and manage their projects through visual control of all the files, tasks and people, with a state of the art review tool that enables users to review documents, videos and 3D models all in one place. Helping teams, clients and freelancers store and manage their projects on the cloud, track and control changes, manage version control and ensure security & encryption of files. Our review tool helps users review images, documents and videos frame by frame, as well as saving half the time of 3D creation projects by sharing 3D work (created using any 3D software) for instant comments and feedback in 3D on the web. Its also a great way to showcase the progress of work with the client and share the work with a link and efficiently finalize more quality work in less period of time.

AlgoDriven

Pre Seed Round in 2017
AlgoDriven Limited is an automotive software company that specializes in providing data-driven solutions for accurately pricing and identifying used cars. The company develops EvalExpert, a mobile appraisal tool that assists car dealers, finance brokers, and rental companies in evaluating vehicles effectively. Additionally, its DriveExpert platform supports the management of test drives and loan vehicles. Founded in 2016 and based in Dubai, AlgoDriven operates in several regions, including Australia, New Zealand, the United Arab Emirates, Hong Kong, and China, with additional offices in Muscat and Brisbane. By leveraging big data and artificial intelligence, AlgoDriven enables car dealers, banks, and insurance firms to streamline their vehicle appraisal and pricing processes, enhancing operational efficiency across the automotive industry.
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