Jordanian early-stage investor and accelerator Oasis500 has announced the launch of its fourth investment fund, Oasis Ventures III (OVIII), as it marks over fifteen years of activity in the region’s tech ecosystem. Suhair Al-Ali, Chairman of the company’s board, confirmed the new fund will continue its focus on backing early-stage tech startups with scalable business models for regional and global expansion.
Quick Facts
- New fund launched: Oasis Ventures III (OVIII).
- Supported 193 startups since its 2010 inception.
- Portfolio companies attracted over $135M in follow-on funding.
Introducing Oasis Ventures III
The newly launched Oasis Ventures III (OVIII) fund is designed to inject capital into early-stage technology companies across Jordan and the wider region. Al-Ali stated that the fund will target startups poised for significant growth, aiming to generate sustainable, long-term economic value. The initiative underscores Oasis500’s belief that successful startups require an integrated support system that goes well beyond just providing capital.
A 15-Year Track Record of Impact
Since its establishment in 2010 through the King Abdullah II Fund for Development, Oasis500 has become a foundational pillar in Jordan’s startup scene. The firm has invested in 193 companies, which have collectively raised more than $135 million in subsequent investments and reached a total portfolio valuation of approximately $243 million.
According to Al-Ali, these companies have been instrumental in creating nearly 5,000 direct and indirect jobs and have expanded their operations to over 22 countries. This growth reflects Oasis500’s significant role in building out the local entrepreneurial ecosystem and supporting the national economy.
More Than Just Capital
Al-Ali emphasized that Oasis500’s model extends beyond financial backing. The firm operates as an active investment partner, providing founders with critical access to expertise and professional networks.
This hands-on support includes enhancing investment readiness, developing strong governance structures, and forging strategic partnerships. Oasis500 actively connects its portfolio companies with potential investors, customers, and partners both regionally and globally, equipping them with the necessary tools to scale effectively.
About Oasis500
Founded in 2010, Oasis500 is a leading early-stage investment company and accelerator based in Jordan. Established through the King Abdullah II Fund for Development, it aims to cultivate the entrepreneurial ecosystem by empowering youth and fostering innovation. The firm provides funding, mentorship, and network access to help tech startups grow into regionally and globally competitive businesses.
Source: Al Wakaai News
