Jordanian startup accelerator and early-stage investor Oasis500 has announced the launch of its fourth fund, Oasis Ventures III, with a size exceeding $20 million. The new fund will target early-stage technology and tech-enabled startups, focusing on founders building scalable, high-growth businesses with clear potential for regional and global expansion.
The launch, announced during an ecosystem gathering of entrepreneurs, investors, and partners, signals continued confidence in Jordan’s startup talent and the strength of the region’s early-stage pipeline.
A Renewed Focus on Early-Stage Innovation
Oasis Ventures III is designed to provide more than just capital. The fund combines financial backing with strategic mentorship and access to extensive regional networks, aiming to help founders build sustainable companies, scale faster, and mitigate early-stage risks. This marks a renewed focus on earlier-stage opportunities, strengthening the pipeline of high-quality startups ready to enter growth stages.
“Oasis Ventures III is a direct investment in Jordanian youth and in promising companies capable of growth and sustainability,” said Suhair Ali, Chairwoman at Oasis500.
A Decade-Long Legacy of Impact
Founded in 2010 as one of the first dedicated seed investors in Jordan, Oasis500 has established a significant track record. The firm has invested in 193 startups across multiple sectors, which have collectively secured more than $135 million in follow-on funding.
The active portfolio is currently valued at approximately $243 million. These companies have not only achieved financial success but have also made a substantial economic impact, generating nearly 5,000 direct and indirect jobs. Many of these businesses now operate beyond Jordan, with a presence in more than 22 countries, highlighting the firm’s success in nurturing export-oriented tech ventures.
Building on a Successful History
Oasis Ventures III builds on the foundation of three earlier investment vehicles. This includes the inaugural Oasis Ventures I launched in 2010, a creative industries fund introduced in 2015, and Oasis Ventures II, which launched in 2019 to focus on companies that had already achieved product-market fit.
Originally established through the King Abdullah II Fund for Development, Oasis500’s investment approach aligns with national priorities focused on innovation, youth employment, and digital skills. The new fund positions Oasis500 to continue shaping Jordan’s early-stage ecosystem while building companies designed for regional scale.
About Oasis500
Oasis500 is a leading early-stage investor and startup accelerator based in Amman, Jordan. Since its inception in 2010, it has been a pivotal force in the MENA startup ecosystem, providing funding, mentorship, and training to tech entrepreneurs. Its mission is to empower founders to build scalable and sustainable businesses with regional and global reach.
Source: Waya
