Phaze Ventures

Phaze Ventures is a venture capital firm based in Muscat, Oman, with an additional office in Dubai, United Arab Emirates. Established in 2018, it is recognized as the oldest private venture capital firm in Oman. The firm specializes in seed, early-stage, and growth capital investments, focusing on sectors such as information technology, fintech, energy, logistics, cleantech, and deep technology. Phaze Ventures aims to support innovation ecosystems by investing globally in emerging companies, particularly in the Middle East, Europe, and North America. The firm typically makes equity investments ranging from $100 million to $500 million, seeking to accelerate the transformation of regional economies through strategic financial support.

Mohammed Al-Wahaibi

Co-Founder and Partner

17 past transactions

Sully.ai

Seed Round in 2024
Sully.ai offers an AI Medical Assistant designed to enhance the efficiency of healthcare professionals by streamlining various administrative tasks associated with patient consultations. The platform generates customized AI-driven questions based on patient history and integrates seamlessly with Electronic Health Records (EHR). Additionally, it features an AI scribe that automates the documentation of clinical notes, differential diagnosis, clinical plans, prescriptions, and patient records. By alleviating the burden of time-consuming tasks, Sully.ai aims to empower doctors to focus more on patient care, ultimately enhancing their productivity and capabilities. The service is accessible to users of Athena Health, making it a valuable tool in the healthcare sector.

CyberOwl

Funding Round in 2023
CyberOwl Limited, founded in 2016 and based in Richmond, United Kingdom, specializes in developing network security software solutions with a focus on enhancing cybersecurity for critical national infrastructure and remote maritime assets. The company offers a scalable early-warning system that provides near-real-time monitoring of high-value targets to detect malicious behavior and potential cyber threats. Its technology platform is designed to improve visibility and compliance while being optimized for intermittent connectivity and remote management. This modular system enables asset operators, regardless of their cyber expertise, to effectively manage and secure their operations against evolving cyber risks.

Kazm

Seed Round in 2023
Kazm powers white-labelled loyalty programs that drive a deeper customer relationship and higher LTVs. We plug into every customer touchpoint - including smart contracts, web2 socials and 1st party apps - and make it easy to recognize, engage, and reward members everywhere with no-code gamification and the power of web3.

SpotLight

Series A in 2023
SpotLight provides breakthrough dynamic detection of subsurface movements.

CyberOwl

Series A in 2022
CyberOwl Limited, founded in 2016 and based in Richmond, United Kingdom, specializes in developing network security software solutions with a focus on enhancing cybersecurity for critical national infrastructure and remote maritime assets. The company offers a scalable early-warning system that provides near-real-time monitoring of high-value targets to detect malicious behavior and potential cyber threats. Its technology platform is designed to improve visibility and compliance while being optimized for intermittent connectivity and remote management. This modular system enables asset operators, regardless of their cyber expertise, to effectively manage and secure their operations against evolving cyber risks.

Akeed Delivery

Series A in 2021
Akeed Delivery is a food delivery application designed to make food ordering hassle-free. Akeed Delivery assists customers to place an order from their own choice of restaurant or food outlet around them, enabling customers to get the food delivered within the comforts of their home.

Voyager Portal

Series A in 2021
Voyager Portal is a voyage management and demurrage platform tailored for the bulk marine shipping industry. It assists bulk charterers in enhancing operational efficiency while minimizing costs, risks, and complexities associated with shipping processes. By providing a unified environment for maritime leaders and operators, Voyager enables collaborative management of the shipping lifecycle, which includes demand planning, chartering, operations, demurrage, and invoicing. The platform automates manual tasks and utilizes real-time insights, allowing users to achieve significant savings on demurrage and streamline their overall voyage management.

Interface Fluidics

Series B in 2021
Interface Fluidics is an international technology company offering innovative reservoir fluid analysis services. Interface Fluidics'​ proprietary and industry-leading nanofluidic technology platform enables companies to better understand their reservoirs and have greater confidence in their production decisions.

Carzaty

Venture Round in 2020
Founded in 2017 in Muscat, Carzaty offers a digital car buying experience that promises to disrupt the automotive retail industry. Operating in Oman and the United Arab Emirates, Carzaty is an online platform to search, compare, buy and finance new and assured used cars. By replacing the traditional showroom with a simple and transparent online experience, Carzaty offers a more affordable and stress-free way to buy cars.

SpotLight

Seed Round in 2020
SpotLight provides breakthrough dynamic detection of subsurface movements.

Carzaty

Series A in 2019
Founded in 2017 in Muscat, Carzaty offers a digital car buying experience that promises to disrupt the automotive retail industry. Operating in Oman and the United Arab Emirates, Carzaty is an online platform to search, compare, buy and finance new and assured used cars. By replacing the traditional showroom with a simple and transparent online experience, Carzaty offers a more affordable and stress-free way to buy cars.

PhazeRo

Pre Seed Round in 2019
Phazero is a software consulting firm based in Muscat, Oman, established in 2019. The company specializes in designing, developing, and deploying custom software solutions tailored to meet the needs of corporate clients worldwide. Phazero offers a range of services, including digital consulting, software development, mobile application development, web development, and automation. Additionally, the firm provides advanced machine learning and artificial intelligence consulting services, helping businesses enhance their operational efficiency and gain a competitive advantage in their respective markets.

Interface Fluidics

Series A in 2019
Interface Fluidics is an international technology company offering innovative reservoir fluid analysis services. Interface Fluidics'​ proprietary and industry-leading nanofluidic technology platform enables companies to better understand their reservoirs and have greater confidence in their production decisions.

Voyager Portal

Seed Round in 2019
Voyager Portal is a voyage management and demurrage platform tailored for the bulk marine shipping industry. It assists bulk charterers in enhancing operational efficiency while minimizing costs, risks, and complexities associated with shipping processes. By providing a unified environment for maritime leaders and operators, Voyager enables collaborative management of the shipping lifecycle, which includes demand planning, chartering, operations, demurrage, and invoicing. The platform automates manual tasks and utilizes real-time insights, allowing users to achieve significant savings on demurrage and streamline their overall voyage management.

eMushrif

Seed Round in 2019
eMushrif specializes in IoT technology for school buses, focusing on enhancing child safety and attendance management. The company has developed devices that facilitate automatic attendance marking, a visual child check system, and a detection system to prevent children from being left behind on buses. Additionally, eMushrif provides mobile applications that allow school administrators and parents to track buses and children in real-time, along with receiving important notifications. This comprehensive solution aims to ensure the safety and accountability of students during their transportation to and from school.

Tarjama

Tarjama, a certified translation agency in Dubai and across the region, understands that in order to compete in today’s global market, businesses must be able to connect with their customers and stakeholders and communicate about their products and services in a way that fits into the regional and cultural context. What works in Europe or the US may simply not work in the Middle East. As cultural and linguistic experts, we help you transcend geographic borders and communicate globally!
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