Oman Technology Fund (OTF)

Last updated:
November 19, 2024
Oman Technology Fund (OTF)
Oman Technology Fund is a government-backed fund focused on supporting tech startups in Oman and the wider MENA region.
Preferred Investment Stage
Pre-Seed
Seed
Series A
Fund Type
Gov or Gov-Backed Program
Avg. Ticket Size Range
$100K-$2M
Varies depending on program
HQ Location
Muscat, Oman
Overview

Launched by the government of Oman, Oman Technology Fund (OTF) invests in innovative technology startups, providing financial resources, mentorship, and market access. The fund aims to transform Oman into a tech-driven economy by fostering a startup ecosystem in sectors such as fintech, healthtech, and AI.

Portfolio Highlights
  • eMushrif: A school bus tracking solution that uses IoT to improve student safety.
  • Carzaty: A digital car-buying platform that enhances the automotive sales experience in Oman.