Sooq Cars secures investment from Cyfr Capital Seed Fund
Sooq Cars received an undisclosed investment from Cyfr Capital’s Seed Fund to develop its offering and expand operations.
Sooq Cars received an investment from Cyfr Capital Seed Fund, announced on 18 August 2026 as part of five completed investments in Omani startups. The programme was carried out in collaboration with Future Fund Oman. The individual investment amount and ownership terms were not disclosed.
Sooq Cars connects vehicle buyers and sellers in Oman and the Gulf. Its automotive marketplace spans listed cars, imports and spare parts, alongside services such as rentals and vehicle reports.
Cyfr Capital said the investments would support product and service development and operational expansion. The five recipients span automotive commerce, food delivery, tourism, enterprise AI and packaging.
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