When was Oman Tech Fund founded?

Oman Tech Fund was founded in 2016.

Where is Oman Tech Fund's headquarters located?

Oman Tech Fund's headquarters is located in Muscat (Oman).

How many companies has Oman Tech Fund invested in?

Oman Tech Fund has invested in 49 companies, including Swvl & Ziina.

Which companies has Oman Tech Fund invested in lately?

Zameeli & Shape are the latest investments by Oman Tech Fund.

How many exits has Oman Tech Fund been involved in?

Oman Tech Fund's portfolio has seen 1 IPO and 3 acquisitions.

Oman Tech Fund - 2026 Investor Profile, Portfolio, Team & Investment Trends

Q: How big is Oman Tech Fund's investment team?

Oman Tech Fund has a team of 7.

Oman Tech Fund, an accelerator and incubator program founded in 2016, is based in Muscat, Oman. With a presence in 12 countries, it has supported around 49 startups in sectors like Consumer, Enterprise Applications. As of Oct 2026, Oman Tech Fund has witnessed 4 portfolio exits. Most notable companies in its portfolio include Swvl, Ziina and Lucky. The program is backed by a team of 7 people who primarily support Seed startups based in Oman. Its latest investment was a Undisclosed Seed round in Zameeli on Mar 18, 2024.

Key Metrics

Founded Year

2016

Location

Muscat, Oman

Portfolio Companies

Swvl, Ziina & 47 more

Sectors of Investment

Consumer, Enterprise Applications & 24 more

Stages of Investment

Seed, Series A & 2 more

Locations of Investment

Oman, United Arab Emirates & 10 more

View Oman Tech Fund's full profile

Oman Tech Fund has a portfolio of 49 companies. Their most notable investments are in Shape and Galactech.Their portfolio spans across Oman, United Arab Emirates, Egypt and 9 more locations. They have invested in Consumer, Enterprise Applications, Transportation and Logistics Tech and 23 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Oman Tech Fund:

1. Swvl

App-based platform for shuttle services. It offers a platform where users can book buses and vans which can be shared by users going the same routes. It offers features like real-time tracking, variant payment options, etc. It also extends its services for businesses. The mobile app is available for iOS and Android devices.

Key facts about Swvl

Founded Year: 2017
Location: Cairo (Egypt)
Stage: Public
Total Funding till date: $100M
Employee Count: 609 as on Aug 31, 2026
Investors: Chimera, MSA Capital and 29 Others
Latest Funding Round: Post IPO, Aug 31, 2026, $*****
Highlight: Public

2. Ziina

Provider of digital payment processing software for businesses and individuals. This technology enables the electronic transfer of funds through mobile applications and web interfaces. The software facilitates contactless transactions, generates payment links for remote collections, and integrates with existing checkout systems to manage financial exchanges. It supports the movement of money between parties and provides tools for tracking transaction history and managing cash flow.

Key facts about Ziina

Founded Year: 2020
Location: Dubai (United Arab Emirates)
Stage: Series A
Total Funding till date: $30.5M
Employee Count: 315 as on Sep 30, 2026
Investors: Graph Ventures, Summit Partners and 27 Others
Latest Funding Round: Series A, Sep 02, 2024, $*****
Highlight: Editors' Pick

3. Lucky

Provider of digital financial cards for credit and payment access. These cards function as prepaid instruments for everyday transactions and offer options for building credit history. Users manage accounts through a mobile application to track spending and access various merchant discounts. The system facilitates secure financial transactions and provides tools for monitoring personal credit eligibility.

Key facts about Lucky

Founded Year: 2019
Location: Cairo (Egypt)
Stage: Series B
Total Funding till date: $51M
Employee Count: 257 as on Aug 31, 2026
Investors: PayU, Algebra Ventures and 14 Others
Latest Funding Round: Series B, Apr 07, 2026, $*****
Highlight: Editors' Pick

4. Homzmart

Online marketplace offering home improvement products. Its product offerings include curtains & upholstery, carpets, lightings, decors, beds, chairs, sofa, storage units, outdoor furniture, and more.

Key facts about Homzmart

Founded Year: 2018
Location: Cairo (Egypt)
Stage: Series A
Total Funding till date: $40M
Employee Count: 357 as on Aug 31, 2026
Investors: MSA Capital, Novocap and 12 Others
Latest Funding Round: Series A, Aug 01, 2022, $*****
Highlight: Editors' Pick

5. NymCard

Issuer processing solutions for businesses. It provides solutions such as authentication for transactions, card configuration with open APIs, real-time notifications for payments, and more. It enables payments by issuing virtual and physical cards, tokenization, and card management.

Key facts about NymCard

Founded Year: 2016
Location: Dubai (United Arab Emirates)
Stage: Series B
Total Funding till date: $63.1M
Employee Count: 230 as on Sep 30, 2026
Investors: QED Investors, Chimera and 16 Others
Latest Funding Round: Series B, Mar 19, 2025, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Oman Tech Fund has invested in 49 companies over the last 9 years, with an average of 4 new investments annually in the last 5 years. Its most recent first time investment was in Zameeli and most recent follow-on round was in NymCard.

Here are Oman Tech Fund's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	1	0	1
2023	1	0	1
2022	16	1	17
2021	6	2	8
2020	10	2	12
2019	6	2	8
2018	4	1	5
2017	1	0	1

View all investments by Oman Tech Fund

Oman Tech Fund has made 36 investments in Seed stage with an average round size of $931K, 7 investments in Series A stage with an average round size of $16.4M, 1 investment in Series B stage with an average round size of $26M and 1 investment in Series C stage with an average round size of $21.5M.

Here are Oman Tech Fund's investments by stage:

Stage of entry	No. of Investments
Seed	36
Series A	7
Series B	1
Series C	1

Note: We have considered here, only first round of investments

View all investments by Oman Tech Fund

Oman Tech Fund has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Transportation and Logistics Tech and Auto Tech. Notably, it has invested in 42 Tech companies, 26 Enterprise (B2B) companies, 21 Consumer (B2C) companies and at least 17 companies focusing on Software.

Here are Oman Tech Fund's investments by sector:

Sector	No. of Investments
Consumer	17
Enterprise Applications	13
FinTech	8
Transportation and Logistics Tech	8
Auto Tech	7
Others	60

Note: We have considered here, only first round of investments

View all investments by Oman Tech Fund

Oman Tech Fund has made most investments in Oman (10), followed by United Arab Emirates where it has made 8 investments.

Here are Oman Tech Fund's investments by geography:

Country	No. of Investments
Oman	10
United Arab Emirates	8
Egypt	7
Tunisia	4
United States	4
Others	11

Note: We have considered here, only first round of investments

View all investments by Oman Tech Fund

Oman Tech Fund has not made any investment in 2026 so far.

Here are the most recent investments by Oman Tech Fund:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Mar 18, 2024	Zameeli	Oman	Seed	1193	-
Mar 16, 2023	Shape	Tunisia	Seed	3553	-
Oct 18, 2022	X Garage	Oman	Seed	9510	-
Oct 15, 2022	Tamreen	Oman	Seed	5422	-
Oct 15, 2022	Nashid	Oman	Seed	6852	-

See more recent investments made by Oman Tech Fund

1 of Oman Tech Fund's portfolio company became public - Swvl. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Mar 2021 at marketcap of $4.77M

Here are Oman Tech Fund's portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Swvl	Mar 31, 2021	Mar 2018	Series A	9824

View more details about public companies in Oman Tech Fund's portfolio

3 companies from Oman Tech Fund's portfolio have been acquired. The most recent acquisition was QuickBus in Apr 2024 by Buupass for $*****.

Here are Oman Tech Fund's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
QuickBus	Apr 30, 2024	Jan 15, 2020	Series A	9612
Galactech	Jan 16, 2023	Jun 2020	Seed	1889
Hedvig	Sep 04, 2019	Mar 02, 2017	Series C	1998

View all acquired companies in Oman Tech Fund's portfolio

Oman Tech Fund has a team of 7 members including 2 Partners and 2 Principals located in Oman. Oman Tech Fund's team does not sit on the board of any company as of now.

Here is a list of all team members in Oman Tech Fund:

Name	Designation	Location	Board Memberships	Contact Details
Mohammed Al Rasbi	Partner	Muscat	-	1 Email
Ali Abdulhussain	Partner	Muscat	-	-
Saif Al Abri	Principal	Muscat	-	-
Marwa Al Ajmi	Principal	Oman	-	1 Email

View team details of Oman Tech Fund

Over the past 9 years, 187 investors have co-invested in Oman Tech Fund's portfolio companies. This includes funds and angels.

Invested before Oman Tech Fund: Flat6Labs, 500 Global and 25 others have invested in rounds before Oman Tech Fund. There are 3 companies where Flat6Labs has invested before Oman Tech Fund and 2 companies where 500 Global has invested before Oman Tech Fund.
Top Co-investors of Oman Tech Fund: 70 investors entered a company along with Oman Tech Fund. These include investors like 500 Global (3 companies).
Invested after Oman Tech Fund: A total of 90 investors have invested in Oman Tech Fund's portfolio after their investments. Top Investors include Endeavor (3 companies) and Middle East Venture Partners (2 companies).