Phaze Ventures

Phaze Ventures is a venture capital firm based in Muscat, Oman, with an additional office in Dubai, United Arab Emirates. Established in 2018, it is recognized as the oldest private venture capital firm in Oman. The firm specializes in seed, early-stage, and growth capital investments, focusing on sectors such as information technology, fintech, energy, logistics, cleantech, and deep technology. Phaze Ventures aims to support innovation ecosystems by investing globally in emerging companies, particularly in the Middle East, Europe, and North America. The firm typically makes equity investments ranging from $100 million to $500 million, seeking to accelerate the transformation of regional economies through strategic financial support.

Mohammed Al-Wahaibi

Co-Founder and Partner

Ahmed Al Salmi

Analyst

17 past transactions

Sully.ai

Seed Round in 2024
Sully.ai offers an AI Medical Assistant designed to enhance the efficiency of healthcare professionals by streamlining various administrative tasks associated with patient consultations. The platform generates customized AI-driven questions based on patient history and integrates seamlessly with Electronic Health Records (EHR). Additionally, it features an AI scribe that automates the documentation of clinical notes, differential diagnosis, clinical plans, prescriptions, and patient records. By alleviating the burden of time-consuming tasks, Sully.ai aims to empower doctors to focus more on patient care, ultimately enhancing their productivity and capabilities. The service is accessible to users of Athena Health, making it a valuable tool in the healthcare sector.

CyberOwl

Funding Round in 2023
CyberOwl Limited, founded in 2016 and based in Richmond, United Kingdom, specializes in developing network security software solutions with a focus on enhancing cybersecurity for critical national infrastructure and remote maritime assets. The company offers a scalable early-warning system that provides near-real-time monitoring of high-value targets to detect malicious behavior and potential cyber threats. Its technology platform is designed to improve visibility and compliance while being optimized for intermittent connectivity and remote management. This modular system enables asset operators, regardless of their cyber expertise, to effectively manage and secure their operations against evolving cyber risks.

Kazm

Seed Round in 2023
Kazm powers white-labelled loyalty programs that drive a deeper customer relationship and higher LTVs. We plug into every customer touchpoint - including smart contracts, web2 socials and 1st party apps - and make it easy to recognize, engage, and reward members everywhere with no-code gamification and the power of web3.

SpotLight

Series A in 2023
SpotLight SAS, founded in 2017 and based in Massy, France, specializes in advanced monitoring technology for the petroleum industry. The company offers a seismic monitoring solution that provides real-time information on subsurface movements, utilizing a lightweight single source and receiver. This innovative technology enables effective 4-D seismic monitoring, allowing reservoir engineers to detect dynamic changes in the subsurface with precision. By streamlining the monitoring process, SpotLight helps petroleum companies reduce costs while enhancing their ability to respond to evolving reservoir conditions.

CyberOwl

Series A in 2022
CyberOwl Limited, founded in 2016 and based in Richmond, United Kingdom, specializes in developing network security software solutions with a focus on enhancing cybersecurity for critical national infrastructure and remote maritime assets. The company offers a scalable early-warning system that provides near-real-time monitoring of high-value targets to detect malicious behavior and potential cyber threats. Its technology platform is designed to improve visibility and compliance while being optimized for intermittent connectivity and remote management. This modular system enables asset operators, regardless of their cyber expertise, to effectively manage and secure their operations against evolving cyber risks.

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.

Voyager Portal

Series A in 2021
Voyager Portal is a voyage management and demurrage platform tailored for the bulk marine shipping industry. It assists bulk charterers in enhancing operational efficiency while minimizing costs, risks, and complexities associated with shipping processes. By providing a unified environment for maritime leaders and operators, Voyager enables collaborative management of the shipping lifecycle, which includes demand planning, chartering, operations, demurrage, and invoicing. The platform automates manual tasks and utilizes real-time insights, allowing users to achieve significant savings on demurrage and streamline their overall voyage management.

Interface Fluidics

Series B in 2021
Interface Fluidics is an international technology company that specializes in reservoir fluid analysis services. Utilizing a proprietary nanofluidic technology platform, the company provides innovative solutions for oil and gas producers to enhance their understanding of reservoir properties. By focusing on microfluidic reservoir modeling and fluid characterization, Interface Fluidics evaluates the effectiveness of new processes and fluid interactions. This comprehensive analysis helps clients make informed production decisions and ultimately aims to optimize oil production and increase overall productivity in the industry.

eMushrif

Series A in 2020
eMushrif specializes in IoT technology for school buses, focusing on enhancing child safety and attendance management. The company has developed devices that facilitate automatic attendance marking, a visual child check system, and a detection system to prevent children from being left behind on buses. Additionally, eMushrif provides mobile applications that allow school administrators and parents to track buses and children in real-time, along with receiving important notifications. This comprehensive solution aims to ensure the safety and accountability of students during their transportation to and from school.

Carzaty

Venture Round in 2020
Carzaty LLC, founded in 2016 and headquartered in Muscat, Oman, operates an online platform that simplifies the car buying process for customers in Oman and the United Arab Emirates. By providing a digital marketplace, Carzaty enables users to search, compare, buy, and finance both new and certified pre-owned vehicles. This platform replaces traditional showrooms with a transparent online experience, making the car purchasing process more affordable and less stressful. Additionally, Carzaty offers comprehensive support for paperwork, ensuring a seamless transaction for buyers and sellers alike.

SpotLight

Seed Round in 2020
SpotLight SAS, founded in 2017 and based in Massy, France, specializes in advanced monitoring technology for the petroleum industry. The company offers a seismic monitoring solution that provides real-time information on subsurface movements, utilizing a lightweight single source and receiver. This innovative technology enables effective 4-D seismic monitoring, allowing reservoir engineers to detect dynamic changes in the subsurface with precision. By streamlining the monitoring process, SpotLight helps petroleum companies reduce costs while enhancing their ability to respond to evolving reservoir conditions.

Carzaty

Series A in 2019
Carzaty LLC, founded in 2016 and headquartered in Muscat, Oman, operates an online platform that simplifies the car buying process for customers in Oman and the United Arab Emirates. By providing a digital marketplace, Carzaty enables users to search, compare, buy, and finance both new and certified pre-owned vehicles. This platform replaces traditional showrooms with a transparent online experience, making the car purchasing process more affordable and less stressful. Additionally, Carzaty offers comprehensive support for paperwork, ensuring a seamless transaction for buyers and sellers alike.

PhazeRo

Pre Seed Round in 2019
Phazero is a software consulting firm based in Muscat, Oman, established in 2019. The company specializes in designing, developing, and deploying custom software solutions tailored to meet the needs of corporate clients worldwide. Phazero offers a range of services, including digital consulting, software development, mobile application development, web development, and automation. Additionally, the firm provides advanced machine learning and artificial intelligence consulting services, helping businesses enhance their operational efficiency and gain a competitive advantage in their respective markets.

Interface Fluidics

Series A in 2019
Interface Fluidics is an international technology company that specializes in reservoir fluid analysis services. Utilizing a proprietary nanofluidic technology platform, the company provides innovative solutions for oil and gas producers to enhance their understanding of reservoir properties. By focusing on microfluidic reservoir modeling and fluid characterization, Interface Fluidics evaluates the effectiveness of new processes and fluid interactions. This comprehensive analysis helps clients make informed production decisions and ultimately aims to optimize oil production and increase overall productivity in the industry.

Voyager Portal

Seed Round in 2019
Voyager Portal is a voyage management and demurrage platform tailored for the bulk marine shipping industry. It assists bulk charterers in enhancing operational efficiency while minimizing costs, risks, and complexities associated with shipping processes. By providing a unified environment for maritime leaders and operators, Voyager enables collaborative management of the shipping lifecycle, which includes demand planning, chartering, operations, demurrage, and invoicing. The platform automates manual tasks and utilizes real-time insights, allowing users to achieve significant savings on demurrage and streamline their overall voyage management.

eMushrif

Seed Round in 2019
eMushrif specializes in IoT technology for school buses, focusing on enhancing child safety and attendance management. The company has developed devices that facilitate automatic attendance marking, a visual child check system, and a detection system to prevent children from being left behind on buses. Additionally, eMushrif provides mobile applications that allow school administrators and parents to track buses and children in real-time, along with receiving important notifications. This comprehensive solution aims to ensure the safety and accountability of students during their transportation to and from school.

Tarjama

Tarjama is a certified translation agency based in Dubai that offers a comprehensive suite of language-related services. Recognizing the importance of effective communication in today's global market, Tarjama provides translation, proofreading, transcription, content writing, and subtitling services, allowing businesses to connect with customers and stakeholders in culturally relevant ways. With a smart language platform, the agency enables organizations to produce and manage multilingual content efficiently, addressing the unique linguistic and cultural needs of the Middle East. By leveraging its expertise, Tarjama helps clients transcend geographic borders and engage effectively in diverse markets.
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