Phaze Ventures
Phaze Ventures is Oman's oldest private venture capital firm, founded in 2018. It invests $100k–$2m in pre-seed to Series A B2B AI and deeptech companies across GCC and North American markets via its $30M fund.
- Company typePrivate
- Founded2018
- HeadquartersMuscat, Oman
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Phaze Ventures does
Phaze Ventures is Oman's oldest private venture capital firm, founded in 2018 and headquartered in Muscat. The firm operates as a thesis-driven early-stage investor targeting B2B AI and deeptech companies across GCC and North American markets, with a stated investment range of $100k to $2m per company across pre-seed to Series A stages. Phaze launched a $30M fund in November 2021 — the first VC fund domiciled in the Sultanate of Oman — and has since backed more than 20 portfolio companies spanning healthcare agentic AI, Arabic-language AI infrastructure, AI-driven fundraising tooling, professional networking, surgical robotics, maritime cybersecurity, shipping SaaS, school transportation, and energy.
The firm's core product is capital deployment paired with hands-on portfolio support. Phaze does not develop proprietary technology; its operating model is built on warm-introduction deal sourcing (a formal Notion-backed intake form is available for inbound submissions), co-investment partnerships with global tier-one funds (Y Combinator, a16z Speedrun, Sequoia Scout, Techstars, 8VC, Creandum, Workday Ventures, Baidu Ventures), and operational support delivered through a six-person team that combines venture investing, enterprise relationships, and fund administration. Deal flow is sourced primarily through the firm's network and co-investor relationships.
Phaze's revenue model is characteristic of a venture capital firm: management fees on its $30M fund, with potential upside from carried interest on realized exits. To date the firm has produced two exits — Carzaty (acquired by Kavak, 2022) and CyberOwl (acquired by DNV, 2024) — plus an early strategic anchor partnership with Petroleum Development Oman (PDO) for the SparkLabs Energy accelerator launched in 2018. The firm has no disclosed parent company, operates with a small lean team, and does not publicly disclose LP composition or fee economics.
Phaze Ventures firmographics
Firmographics- Name
- Phaze Ventures
- Legal name
- Phaze Ventures
- Website
- http://www.phazeventures.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Phaze Ventures is Oman's oldest private venture capital firm, founded in 2018. It invests $100k–$2m in pre-seed to Series A B2B AI and deeptech companies across GCC and North American markets via its $30M fund.
- Ownership category
- akta.pro rank
Phaze Ventures industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industries
- Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA), Accelerators & Incubators (Investor-Operated) (FSANAAAM)
Keywords
Where Phaze Ventures is headquartered
LocationHeadquarters
- HQ city
- Muscat
- HQ country
- Oman
- HQ region
- Middle East
Offices1 record
Markets served
Phaze Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Investment Returns / Capital Gains: Phaze Ventures generates returns through equity ownership in portfolio companies. Returns are realized through exits (acquisitions, IPOs) when portfolio companies achieve successful outcomes.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Early-stage investment ticket size |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Phaze Ventures product offering
Product offeringCore offering
Phaze Ventures is a thesis-driven early-stage venture capital firm that provides equity capital ($100k to $2m per company) to B2B AI and deeptech companies from pre-seed to Series A stages. The firm focuses on GCC and North American markets and offers operational support, ecosystem connections, and portfolio company introductions alongside capital deployment. The firm manages a $30M fund launched in 2021.
Product overview
Phaze Ventures operates as a thesis-driven venture capital firm offering a single unified investment service. The firm provides capital deployment from pre-seed to Series A stages, with investment range of $100k to $2m, targeting B2B AI and deeptech companies in GCC and North American markets. The portfolio includes 20+ companies across AI, deeptech, SaaS, fintech, and marketplace categories. The firm's investment approach includes operational support through its team and ecosystem partnerships.
Differentiator
Problem solved
Functional benefit
Products and services
- Venture Capital Investment Services Early-stage equity capital deployment of $100k to $2m per company from pre-seed to Series A stages, targeting B2B AI and deeptech founders with GCC and North American market focus. Includes operational support and ecosystem connections alongside capital.
- Phaze Ventures $30M Fund A dedicated $30M venture capital fund launched in November 2021 as the first VC fund in the Sultanate of Oman, backing technology companies with a focus on scaling from Oman into global markets.
Quantifiable outcome
- 20+ companies backed since 2018
- +1 more outcomes
Companies that use Phaze Ventures
Customer profileNamed customers10 records
Segments1 record
Ideal customer profiles1 record
Phaze Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Phaze Ventures partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Harbour.Space UniversityminorPartnered with Phaze for bringing global coding bootcamp series to Oman - a regional first.
- Moscow Workshops ICPCminorPartnered with Phaze for coding bootcamp series in Oman.
- CodeforcesminorPartnered with Phaze for coding bootcamp series in Oman.
- GUTech UniversityminorPartnered with Phaze for coding bootcamp series in Oman.
- Petroleum Development Oman (PDO)corePhaze signed agreement with PDO to launch SparkLabs Energy - the region's first energy accelerator in Muscat. This was a foundational partnership for Phaze Ventures.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
Phaze Ventures competitors and assessment
Company assessmentDirect peers
- Shorooq Partners: UAE-based early-stage VC investing from pre-seed to Series A across fintech, software, and emerging tech. Direct peer given overlapping GCC early-stage tech focus and similar ticket sizes.
- B&Y Venture Partners: UAE-born early-stage venture firm partnering with founders from the GCC and emerging markets. Direct peer as a fellow regional pre-seed/seed AI and deeptech investor targeting similar founder profiles.
- Raed Ventures: Saudi-led early-stage VC investing in MENA-based founders at pre-seed and seed. Comparable as a GCC-anchored early-stage tech investor with similar geographic founder sourcing.
- Middle East Venture Partners (MEVP): One of the earliest MENA-focused VCs, investing across seed to growth in tech-enabled companies. Comparable as a regional early-stage fund manager with overlapping GCC and emerging-markets deal sourcing.
- Algebra Ventures: Egypt-based early-stage VC focused on tech and tech-enabled startups in MENA. Comparable as a regional pre-seed-to-Series A investor with similar thesis-driven AI and emerging-tech investing.
- Global Ventures: UAE-based VC investing in early-stage technology companies across emerging markets including MENA. Comparable as a regional early-stage tech investor with similar thesis focus on B2B and AI.
Broad incumbents
- Sanabil Investments: Saudi Arabia's Public Investment Fund-owned venture investment arm deploying large-scale direct and fund-of-funds capital into VC managers and startups. Comparable as a GCC capital allocator that Phaze competes against for founder mindshare.
- ITHCA Group: Oman Investment Authority-backed investment group deploying capital into tech and startups across the GCC. A co-investor alongside Phaze in eMushrif and a natural local peer in the Omani ecosystem.
- 500 Global (MENA): Global early-stage accelerator/VC with active MENA presence investing pre-seed to seed in tech startups. Comparable as a scaled early-stage AI/tech investor active in the same founder pool.
Emerging players
- Techstars: Global accelerator and early-stage investor active in MENA through partnerships with local VCs like Phaze. Comparable as an early-stage AI/deeptech investor and ecosystem partner within Phaze's portfolio.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Phaze Ventures social profiles
Digital presencePhaze Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Phaze Ventures leadership team
Management profileNumber of profiles
Profiles6 records
Phaze Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Phaze Ventures M&A and investment
M&A and investmentM&A
Investments32 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Phaze Ventures
What does Phaze Ventures do?
Phaze Ventures is a thesis-driven early-stage venture capital firm that provides equity capital ($100k to $2m per company) to B2B AI and deeptech companies from pre-seed to Series A stages. The firm focuses on GCC and North American markets and offers operational support, ecosystem connections, and portfolio company introductions alongside capital deployment. The firm manages a $30M fund launched in 2021.
Is Phaze Ventures a public or private company?
Phaze Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Phaze Ventures founded?
Phaze Ventures was founded in 2018. It employs 1 to 10 people.
Where is Phaze Ventures based?
Phaze Ventures is headquartered in Muscat, Oman, in the Middle East region.
How does Phaze Ventures make money?
One revenue line is on record: investment Returns / Capital Gains.
Who are Phaze Ventures's main competitors?
Direct peers on record are Shorooq Partners, B&Y Venture Partners, Raed Ventures, Middle East Venture Partners (MEVP), Algebra Ventures and Global Ventures. Broad incumbents are Sanabil Investments, ITHCA Group and 500 Global (MENA). Techstars is listed as an emerging player.
Does Phaze Ventures have an API?
No public API is recorded for Phaze Ventures.
What industry is Phaze Ventures in?
Phaze Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of FSANAAAA, Early-Stage Venture Capital (Pre-Seed/Seed). Its NAICS code is 523940 and its SIC code is 6282.