Funding
Fund commitments at launch · Business services

Phaze Ventures Fund II secures institutional backing for global AI investing

ITHCA Group, Ominvest and Oman LNG Development Foundation anchor the international vehicle.

By RoundOS Funding desk

Phaze Ventures announced Fund II on October 28, 2026, backed by ITHCA Group, Ominvest and Oman LNG Development Foundation. The fund continues the manager’s global AI and deeptech investment strategy.

It launched alongside a separate Oman-focused fund. The two vehicles together secured more than $40 million in commitments toward a combined target exceeding $75 million; individual fund amounts remain undisclosed.

Use of funds

Back global early-stage AI and deeptech businesses

Funding history

Fund commitments at launch · This roundUndisclosed

Sources

  1. Phaze Ventures Oman Fund original announcementphazeventures.com · Oct 28, 2026
  2. Phaze Ventures Oman Fund financing announcementwamda.com · Oct 28, 2026

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