Decoil secures investment from Cyfr Capital Seed Fund
Decoil receives undisclosed early-stage backing to develop its services and expand operations in Oman.
Decoil received an investment from Cyfr Capital Seed Fund, announced on 18 August 2026. The investment was one of five completed transactions in Omani companies through a programme carried out in collaboration with Future Fund Oman. The amount and ownership terms were not disclosed.
Decoil develops data and generative AI systems for enterprises. Its work includes Enterprise Brain, a knowledge platform being co-developed with Omantel to help employees query internal information with answers linked to sources.
The new capital is intended to support product development and operational expansion. Omantel’s role in Enterprise Brain is an operating partnership; the August investment announcement names Cyfr Capital’s Seed Fund.
Use of funds
Product and service development
Operational expansion
Funding history
Sources
- Cyfr Capital announces completion of five Seed Fund investmentslinkedin.com
- Cyfr Capital announces investments in five Omani startupsjawlah.co · Aug 18, 2026
- Cyfr Capital completes five seed deals with FFOomanobserver.om · Aug 19, 2026
- Cyfr Capital backs five Omani startups in new Seed Fund investmentswamda.com · Aug 19, 2026
- linkedin.com
- omantel.om