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

Mohammed Al Rasbi

Managing Director

47 past transactions

Zameeli

Equity Crowdfunding in 2024
Zameeli is a platform designed to connect small and medium-sized enterprises (SMEs) with local, skilled freelancers who offer a range of social media services. The platform facilitates the hiring of freelancers such as graphic designers, videographers, digital marketers, and models, allowing them to showcase their work samples and attract potential clients. By streamlining the process of finding and hiring local talent, Zameeli aims to enhance the marketing capabilities of SMEs while providing freelancers with opportunities to secure work in their communities.

branper

Pre Seed Round in 2023
We combine Big Data & AI to provide insights & trends from humans, markets and events to predict & forecast behavior. Our products are a mix between Scraping, NLP/NLU and AI to track experiences and behavior, and contextualize sentiments. Sentinel : Data mining – crawling, social media monitoring & listening, scouting. With sentiment analysis based in languages and dialects branper : Experience Management Software (XMS) - to control churn ratio, optimize experience and track journeys through auto-adaptive surveys

Shape

Seed Round in 2023
Shape is an on-demand career shaping platform.

Seavo

Pre Seed Round in 2022
Seavo is an innovative marine technology company dedicated to providing sustainable solutions for the marine industry. Its mission focuses on reducing carbon emissions and enhancing maritime safety through a diverse range of products and services. Seavo manufactures fully electric watercraft, including e-jet watercraft, e-foils, and water scooters, which offer zero-emission options for both recreational and professional use. Additionally, the company designs autonomous marine drones and the Seawatch unmanned surface vehicle for environmental monitoring and search and rescue operations. Seavo also features an AI-powered Smart Rescue System that utilizes a wearable bracelet to detect drowning incidents, facilitating rapid response through its marine drones. To support fleet management, Seavo offers a cloud-based platform that enables real-time monitoring, predictive maintenance, and data analytics, helping marine operators optimize their electric fleets for various applications. Furthermore, Seavo's franchise model allows rapid global expansion by enabling partners to operate Seavo-branded electric watercraft with a revenue-sharing system, ensuring a low-risk, high-profitability business opportunity.

Orcas

Debt Financing in 2022
Orcas Solutions Limited operates an online marketplace that connects parents and students with experienced and reliable private tutors and babysitters in Egypt, Saudi Arabia, and Pakistan. Founded in 2014 and based in Cairo, the company provides a hybrid tutoring platform that offers live tutoring sessions along with personalized learning plans and courses. This approach enables students to receive tailored educational experiences, enhancing their learning and making education more enjoyable. Through its services, Orcas Solutions aims to empower students and support families in finding quality educational and childcare resources.

Bon

Pre Seed Round in 2022
Bon is a B2B Marketplace between coffeeshops and suppliers. Helping in removing the fragmentation in the coffee sector.

Shift EV

Series A in 2022
Shift EV is an electric mobility technology startup focused on developing electric vehicle batteries specifically for commercial vehicles. The company aims to facilitate the transition to electric fleets, particularly in emerging markets. Shift EV equips fleet owners, operators, and financiers with essential data regarding electric vehicle operations, including potential savings, electricity consumption, emissions reduction, available battery range, and mileage. Additionally, Shift EV employs proprietary electro-fitting technology, which allows the conversion of conventional vehicles into electric-run vehicles, contributing to reduced environmental pollution and conservation of natural resources.

Lucky

Series A in 2022
Lucky is a financial services company that operates an app designed to enhance the shopping experience through credit products, discounts, and cashback rewards. The app allows users to search for and coordinate their shopping, payments, and savings, providing access to cashback rewards of up to 50% from various merchants. With a mission to transform shopping, payment, and savings in the Middle East and North Africa, Lucky has successfully connected over six million users since its launch. By partnering with both local and global brands, the app enables customers to easily access credit and save on their purchases, both in-person and online.

Wattnow

Seed Round in 2022
Wattnow offers a real-time energy management platform that enables users to monitor and control their electric supply. The platform provides detailed insights into power consumption, helping to identify wasteful trends and reduce energy spending. By integrating various devices into a cohesive network through the Internet of Things (IoT), Wattnow allows industry owners and facility managers to streamline operations without the need for significant alterations to existing setups. This approach not only enhances operational efficiency but also facilitates cost reduction, making it a valuable tool for effective energy management.

LAMMA

Pre Seed Round in 2022
LAMMA is a quick commerce app, designed for North & West Africa. It operates 3 dark stores & 1 Distribution Center in Tunis & Rabat. Edit : LAMMA was acquired in June 2022 by Appetito, a similar startup based in Cairo, Egypt

Book&Boat

Pre Seed Round in 2022
Book&Boat is a boat rental and yacht charter marketplace. It contains an intelligent IA-machine learning dashboard for boat owners.

Hello World Kids

Seed Round in 2021
Hello World Kids is an educational organization based in Jordan that focuses on teaching coding and programming skills to children aged six to twelve. Founded in 2015, the company provides a comprehensive online learning platform designed for students in junior 1 to level 6. It offers training programs for public and private schools, as well as for parents and teachers. The platform emphasizes native coding skills, enabling children to develop not only their programming abilities but also their creativity and entrepreneurial spirit. Through its curriculum, Hello World Kids aims to empower the next generation with essential tech skills.

Pengguin

Pre Seed Round in 2021
Pengguin operates in the E-Learning sector, providing a unique platform for language learning through gaming. Users can join games in their target language, guided by a native speaker host. This innovative approach to language learning combines entertainment and education, making the process more engaging and enjoyable for users. The company is relatively small, with a team size of 2-10 employees, and operates as a privately held entity.

TachyHealth

Seed Round in 2021
TachyHealth is a healthcare startup based in Dubai and Delaware, specializing in artificial intelligence and data science solutions aimed at enhancing interactions between healthcare providers and payers. The company develops a suite of innovative systems designed to streamline financial and medical processes. Its offerings include AiGuide, an intelligent tool providing doctors with the latest medical guidelines alongside financial insurance information; AiCode, an advanced medical coding platform powered by AI; AiClaim, a system that optimizes revenue cycle management through AI-driven claims and clinical edits; and AiReview, a comprehensive auditing and reviewing system for payers, insurers, and third-party administrators. By focusing on these solutions, TachyHealth aims to improve efficiency for providers and facilitate better claims management for payers in the pursuit of value-based care.

Nafas

Seed Round in 2021
Nafas is a leading Arabic meditation application in the MENA region, aimed at improving mental well-being and promoting a peaceful state of mind. The app provides users with tools to manage stress, anxiety, and depression, as well as issues related to insomnia and self-love. By utilizing meditation techniques, Nafas enhances sleep quality and supports individuals in achieving a healthier mental state, ultimately aiding in their overall recovery and well-being.

SgharToon

Pre Seed Round in 2021
SgharToon is a Tunis-based company founded in 2018 that focuses on early detection and treatment of dyslexia in children. Its application allows parents to identify early signs of dyslexia and offers educational support through interactive cartoons and video games tailored to children's specific learning needs. In addition to these resources, SgharToon connects parents with a network of professionals, including psychiatrists and speech therapists, to facilitate further assessment and intervention. The platform aims to reduce reliance on traditional teaching methods, providing a modern solution to support children's educational growth in the MENA region.

PacknSave

Pre Seed Round in 2021
Online Grocery Bulk Buying for Families in the MENA Region

Hello World Kids

Seed Round in 2021
Hello World Kids is an educational organization based in Jordan that focuses on teaching coding and programming skills to children aged six to twelve. Founded in 2015, the company provides a comprehensive online learning platform designed for students in junior 1 to level 6. It offers training programs for public and private schools, as well as for parents and teachers. The platform emphasizes native coding skills, enabling children to develop not only their programming abilities but also their creativity and entrepreneurial spirit. Through its curriculum, Hello World Kids aims to empower the next generation with essential tech skills.

Progressive Generation

Venture Round in 2020
Progressive Generation is an investment entity that focuses on creative content and intellectual properties, with a particular emphasis on the Arabic language market. It operates PG Studios, an animation studio specializing in music production, 3D animation, video, and audio engineering services. The company's mission is to produce and provide leading entertainment and information content, aiming to develop innovative and profitable animated digital content and related products, particularly in the Middle East and North Africa (MENA) region.

Galactech

Seed Round in 2020
Galactech Studio is a gaming company founded in 2016 and based in Mégrine, Tunisia, with additional offices in the United Arab Emirates and Germany. The company specializes in developing games that leverage virtual reality (VR) and augmented reality (AR) technologies. Galactech is focused on creating a gaming Super App that allows users to access a variety of gaming services seamlessly, including in-game currency purchases, esports tournaments, and professional gaming training. By offering a platform that serves as an intermediary between content producers and online sharing platforms, Galactech aims to provide gamers with instant and long-lasting solutions. The company emphasizes a user-friendly experience that eliminates the need for specific payment methods or devices, fostering a healthy and supportive community for gamers worldwide.

Galactech

Seed Round in 2020
Galactech Studio is a gaming company founded in 2016 and based in Mégrine, Tunisia, with additional offices in the United Arab Emirates and Germany. The company specializes in developing games that leverage virtual reality (VR) and augmented reality (AR) technologies. Galactech is focused on creating a gaming Super App that allows users to access a variety of gaming services seamlessly, including in-game currency purchases, esports tournaments, and professional gaming training. By offering a platform that serves as an intermediary between content producers and online sharing platforms, Galactech aims to provide gamers with instant and long-lasting solutions. The company emphasizes a user-friendly experience that eliminates the need for specific payment methods or devices, fostering a healthy and supportive community for gamers worldwide.

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.

Bima

Seed Round in 2020
Bima is an Oman-based online insurance broker that offers a distinctive user experience. The company focuses on simplifying the process of purchasing insurance through its digital platform, making it more accessible to a wider audience. By leveraging technology, Bima aims to enhance the efficiency of insurance transactions and improve customer satisfaction. Its innovative approach sets it apart in the insurance market, catering to the needs of modern consumers seeking convenience and reliability in their insurance purchases.

Hala

Seed Round in 2020
Hala Insurance, founded in 2020, aims to provide insurance coverage to the 500 million individuals residing in the MENA region. The company focuses on transforming the traditional insurance landscape by offering affordable and rapid online car and home insurance solutions. By leveraging technology, Hala seeks to make the insurance process more accessible and efficient for its customers. The company is part of a broader trend of innovation in the insurance sector, which includes the use of blockchain technology for sharing insurance information, as exemplified by other startups in the region.

Homzmart

Seed Round in 2020
Homzmart Ltd. is an e-commerce platform based in Cairo, Egypt, that specializes in selling home furniture, décor, lighting, and various home supplies. Founded in 2019, the company facilitates connections between homeowners and home professionals, allowing users to browse an extensive selection of products while accessing reviews, expert advice, and articles on home improvement. Homzmart aims to create a community-driven environment that enhances the shopping experience for home-related needs, offering a diverse range of quality products at competitive prices. Through its platform, the company seeks to simplify the process of home furnishing and improvement for its customers.

Quickbus

Seed Round in 2020
QuickBus is an online marketplace that facilitates the booking of bus tickets across Africa. The platform enables users to easily choose their travel destination and select a bus based on user ratings. Through its mobile application, QuickBus allows individuals to view seat layouts and select preferred seating, making the booking process straightforward and efficient. Additionally, users can access reviews for various bus services, enhancing their decision-making experience. QuickBus aims to simplify the travel experience by providing a hassle-free way to compare and purchase bus tickets.

Shafra

Pre Seed Round in 2020
Shafra specializes in genetic testing and analysis, focusing on individual genetic codes to provide tailored insights. The company offers user-friendly genetic testing kits that allow customers to understand their genetic data without discomfort. Through advanced technology, Shafra delivers personalized reports that include insights related to diet, fitness, personality, and physical traits. This information empowers users to optimize their wellness and make informed lifestyle choices based on their unique genetic makeup.

Bon

Pre Seed Round in 2020
Bon is a B2B Marketplace between coffeeshops and suppliers. Helping in removing the fragmentation in the coffee sector.

TIRA ROBOTS

Seed Round in 2019
TIRA ROBOTS is the first manufacturer of industrial robotic arms in Tunisia and the MENA region. Specializing in industrial robotics, the company offers fast, precise, and high-quality robots designed for seamless integration into production lines. TIRA ROBOTS aims to enhance operational efficiency by reducing production costs and ensuring a stable workflow, even amidst changes in industrial processes. Their focus on automation and robotic control positions them as a key player in the transition to Industry 4.0, providing industries with the tools necessary to modernize and optimize their manufacturing capabilities.

Bekia

Seed Round in 2019
Bekia is a technology platform focused on waste management, enabling individuals to monetize their inorganic waste through a user-friendly interface. The platform allows users to separate their waste at home and exchange it for goods and services, earning points that can be redeemed for items such as groceries, school supplies, metro tickets, and mobile credits. Additionally, users have the option to donate their earned points to various charitable causes. By facilitating this exchange, Bekia not only promotes recycling and responsible waste disposal but also provides a financial incentive for users to participate in sustainable practices.

QiDZ

Seed Round in 2019
QiDZ LLC is a mobile application company based in Dubai, United Arab Emirates, founded in 2017. The platform connects parents with entertainment, education, and after-school vendors, allowing them to discover a variety of fun and educational activities for children. Users can plan and book these activities and services online instantly, making it easier for families to find engaging experiences. The application serves as a one-stop destination for activities catering to children of all ages, while also enabling vendors to promote their offerings to a targeted audience of parents.

TruKKer

Series A in 2019
TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.

Nafas

Pre Seed Round in 2019
Nafas is a leading Arabic meditation application in the MENA region, aimed at improving mental well-being and promoting a peaceful state of mind. The app provides users with tools to manage stress, anxiety, and depression, as well as issues related to insomnia and self-love. By utilizing meditation techniques, Nafas enhances sleep quality and supports individuals in achieving a healthier mental state, ultimately aiding in their overall recovery and well-being.

Mermaid

Angel Round in 2019
Mermaid is a platform that connects vetted cleaners with homeowners to provide them with a hassle-free experience in Cairo.

Seemba

Seed Round in 2019
Seemba is a technology company that specializes in enhancing mobile gaming experiences by providing a proprietary software platform that converts offline solo games into online multiplayer esports-ready platforms. This transformation can be achieved through a quick, user-friendly integration process that requires minimal coding. By enabling game developers to incorporate social competitions within their games, Seemba facilitates new revenue opportunities through transaction commissions. The platform aims to help developers attract and retain customers while paving the way for potential hit games in the esports arena.

Datalytics24

Pre Seed Round in 2019
Datalytics24 is a data analytics company based in Amsterdam, Netherlands, that leverages machine learning algorithms to analyze social trends and user behaviors. Founded in 2018, the company specializes in various solutions, including social media mining and monitoring, online content data analysis, sentiment analysis, predictive analysis, actionable intelligence, and the identification of fake news. Datalytics24 aims to enhance the digital customer experience by providing insights that inform decision-making and drive engagement. Through its innovative approach, the company addresses the growing demand for data-driven solutions in a rapidly evolving digital landscape.

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 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.

Swvl

Series B in 2018
Swvl is a technology-driven mobility company that offers an app for booking fixed-route bus trips, providing users with a cost-effective alternative to traditional public transportation and ride-sharing services. Founded in 2017, Swvl operates in Egypt, Kenya, Pakistan, and has its headquarters in Dubai. The company's core product is the B2C Swvl Retail offering, which allows commuters to book rides on minibuses and other vehicles running on fixed or semi-fixed routes within cities through a mobile application. This service enables users to share rides during peak commute times for a flat fare with no surge pricing, promoting environmentally responsible mass transit solutions.

OjaBox

Pre Seed Round in 2018
OjaBox is a cloud-based project collaboration platform tailored for creative teams managing 3D projects. It allows users to host and oversee their projects through a visual interface that integrates file management, task assignment, and team collaboration. The platform features an advanced review tool enabling users to evaluate documents, videos, and 3D models in one centralized location, facilitating frame-by-frame reviews and instant feedback. By streamlining the review process, OjaBox significantly reduces the time required for 3D creation projects, allowing teams to showcase their work and share progress efficiently with clients. Additionally, it supports version control and ensures the security and encryption of files, making it a comprehensive solution for managing creative workflows.

Wattnow

Seed Round in 2018
Wattnow offers a real-time energy management platform that enables users to monitor and control their electric supply. The platform provides detailed insights into power consumption, helping to identify wasteful trends and reduce energy spending. By integrating various devices into a cohesive network through the Internet of Things (IoT), Wattnow allows industry owners and facility managers to streamline operations without the need for significant alterations to existing setups. This approach not only enhances operational efficiency but also facilitates cost reduction, making it a valuable tool for effective energy management.

Swvl

Series A in 2018
Swvl is a technology-driven mobility company that offers an app for booking fixed-route bus trips, providing users with a cost-effective alternative to traditional public transportation and ride-sharing services. Founded in 2017, Swvl operates in Egypt, Kenya, Pakistan, and has its headquarters in Dubai. The company's core product is the B2C Swvl Retail offering, which allows commuters to book rides on minibuses and other vehicles running on fixed or semi-fixed routes within cities through a mobile application. This service enables users to share rides during peak commute times for a flat fare with no surge pricing, promoting environmentally responsible mass transit solutions.

Peekaboo Guru

Pre Seed Round in 2018
Peekaboo Guru is a location-based business directory that shows all the deals and discounts offered in the market. Through a slick and personalized interface, Peekaboo Guru gives precisely what need to keep heart and wallet full. Through a streamlined mobile app, Peekaboo tells exactly what businesses are open near you, exactly what bargains each business has, and exactly how to get where need to go. With a broad range of industries such as Food, LifeStyle, Entertainment, Health, Education, Home Decor, Services, Electronics, E-Stores, and Self Care, Peekaboo is the solution to everyday shopping dilemma and lifestyle needs.

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.

Irish Global Health Education Innovation

Series A in 2017
iheed is an online medical education company that designs, develops, and delivers online accredited post-graduate education programs and degrees in partnership with medical universities. The company is built by doctors and healthcare professionals (HCPs) for doctors and healthcare professionals. iheed offers certificate, diploma, and Masters level education material to HCPs, packaged in modules. It utilizes technologies to offer the students a personalized, multi-sensory, multi-device learning experience suited to their learning style. Its programs and courses are adapted to the requirements of the healthcare system in different countries combining global best practice in medical training with local population healthcare needs. Its programs and courses are aimed at addressing the broad topics of healthcare need for frontline HCPs globally such as diabetes, women’s health, neurodegenerative diseases, cardiology, travel medicine, infection control, emergency medicine, disaster planning, research methodologies, practice management, nursing and pharmacology, and more. The iheed Online Learning Environment (OLE) is a next generation cloud-based platform for online education supports interactive case-based learning methods, provides practical real-world education for practicing clinicians, and helps them build up their clinical, professional, and communication skills in patient consultation. It offers a number of features aimed at tutors and administrators such as rubrics, Speedgrader, and Turnitin to support tutors in reviewing and grading student assignments, extensive reporting and analytics, targeted messaging, and various views that enable tutors to identify students that are not keeping up with the instruction or meeting pre-defined learning thresholds. Tutors of iheed’s Tutor Network hold weekly, bi-monthly, and per topic tutorial discussions via the web conferencing system within the iheed OLE platform to ensure students are aware of what is expected of them each week, and to discuss the key learning points in the context of the students’ day-to-day practices. iheed works in partnership with many medical universities, global health organizations, and technology companies, including University of Florida Health, Qualcomm, Hamad International Training Center, Johnson & Johnson, Health Human Resources Development Center, HP, Harvard School of Public Health, Tropical Medical Bureau, and Alliance Boots. Iheed was founded in 2010 and is based in Dublin, Ireland.

Mixed Dimensions

Seed Round in 2017
Mixed Dimensions Inc. is a software development company based in San Francisco, California, that specializes in the three-dimensional (3D) printing industry. Founded in 2009, the company offers several innovative solutions, including Makeprintable, a cloud-based service that optimizes 3D CAD files by fixing errors to ensure they are suitable for printing. It also provides 3D Collectible, which integrates a printing technology platform with existing 3D printers to produce customizable printed objects. Additionally, Mixed Dimensions has developed Gameprint, a platform designed to capture and share gameplay moments in a 3D environment. The company's focus on bridging the digital and physical worlds enhances user experiences in game development and 3D printing, allowing for the on-demand creation of unique, one-of-a-kind products.

Hedvig

Series C in 2017
Hedvig, Inc. is a software company based in Santa Clara, California, that specializes in cloud-based software-defined storage solutions. Originally founded as Quexascale, Hedvig re-engineers storage systems to meet the demands of modern enterprise computing. The Hedvig platform is notable for its capability to combine block, file, and object storage into a single solution, which simplifies management and enhances efficiency. It allows organizations to effectively scale their storage needs to petabytes while operating seamlessly across both private and public cloud environments. By consolidating disparate storage systems, Hedvig significantly reduces storage costs and accelerates IT processes, enabling businesses to better manage and migrate their data. In 2019, Hedvig became a subsidiary of Commvault Systems, further expanding its reach in the data management sector.
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