Funding
Fund commitments at launch · Business services

Phaze Ventures launches Oman Fund with Future Fund Oman backing

The vehicle establishes a dedicated capital pool for homegrown AI-enabled businesses.

By RoundOS Funding desk

Phaze Ventures announced its Oman Fund on October 28, 2026, with Future Fund Oman as its anchor investor. The vehicle focuses on domestic businesses applying artificial intelligence.

The Oman Fund launched alongside Phaze Ventures Fund II. Together, the two vehicles secured more than $40 million in commitments toward a combined target exceeding $75 million. The manager has not disclosed each fund’s allocation.

Use of funds

Back AI-enabled businesses in Oman

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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