Oasis500, a cornerstone of Jordan’s startup ecosystem, has announced the launch of its fourth investment fund, Oasis Ventures III (OVIII). The new fund was unveiled during an event attended by prominent entrepreneurs, investors, and key figures from the regional entrepreneurial community.
The fund aims to invest in early-stage technology companies, empowering founders to build businesses with scalable models capable of competing on both a regional and global scale. The ultimate goal is to foster sustainable growth and generate long-term economic value.
A New Chapter of Investment
Oasis Ventures III is seeking to raise over $20 million to deploy into promising technology-focused startups. The fund signals a continued commitment to nurturing local talent and driving innovation within Jordan.
“Oasis Ventures III is a direct investment in the potential of Jordanian youth and in promising companies capable of growth and sustainability,” said Suhair Al-Ali, Chairperson of the Board of Directors at Oasis500. “Since its inception, Oasis500 has continued its role as an early-stage investor and active partner, based on a model of practical investment and support, allowing local companies to grow, thrive, and compete in regional and global markets.”
Building on a Pioneering Legacy
Founded in 2010, Oasis500 was established as Jordan’s first early-stage investment fund and accelerator, born from the vision of His Majesty King Abdullah II. It is widely recognized for igniting the spark that grew into the country’s vibrant startup landscape.
To date, Oasis500 has invested in 193 startups. Its portfolio companies have successfully attracted over $135 million in follow-on funding, achieved a current collective valuation of approximately $243 million, and created nearly 5,000 direct and indirect jobs across more than 22 countries.
This new fund follows the successful deployment of three previous vehicles: Oasis Ventures I (2010), Oasis Creative Industries (2015), and Oasis Ventures II (2019), which targeted startups at a more advanced stage of commercial maturity.
About Oasis500
Oasis500 is a leading early-stage investment firm and accelerator in Jordan and the MENA region. Established through the King Abdullah II Fund for Development, its mission is to cultivate the entrepreneurial ecosystem by empowering youth, stimulating innovation, and building a robust economy capable of creating sustainable development and job opportunities. Oasis500 provides a combination of capital, network access, and hands-on support to help tech-enabled startups transition from idea to impactful enterprise.
Source: Addustour
