Phaze Ventures

Phaze Ventures is a Muscat-based venture capital firm with an office in Dubai that invests globally across seed to growth stages in technology companies. It specializes in deep tech, artificial intelligence, Web3, information technology, fintech, energy, logistics, and cleantech, providing equity capital to help startups scale. The firm aims to strengthen innovation ecosystems and accelerate economic transformation in the Middle East and beyond, connecting founders with international networks. Founded in 2018, Phaze Ventures is recognized as the oldest private venture capital firm headquartered in Oman.

Razan Al Riyami

Analyst

Ahmed Al Salmi

Analyst

Masoud Al - Rawahi

Partner

Abdullah Al-Shaksy

Investor

Mohammed Al-Wahaibi

Partner

Past deals in Middle East

Carzaty

Venture Round in 2020
Carzaty LLC is an online platform established in 2017 and headquartered in Muscat, Oman, that specializes in the retail of motor vehicles. The platform provides customers with a seamless digital car buying experience, enabling them to search, compare, buy, and finance both new and certified used cars. By eliminating the need for traditional showrooms, Carzaty aims to create an affordable and transparent purchasing process that reduces the stress often associated with buying a car. The company operates primarily in Oman and the United Arab Emirates, focusing on delivering comprehensive support for customers, including assistance with paperwork. Carzaty's innovative approach positions it to significantly impact the automotive retail industry.

Carzaty

Series A in 2019
Carzaty LLC is an online platform established in 2017 and headquartered in Muscat, Oman, that specializes in the retail of motor vehicles. The platform provides customers with a seamless digital car buying experience, enabling them to search, compare, buy, and finance both new and certified used cars. By eliminating the need for traditional showrooms, Carzaty aims to create an affordable and transparent purchasing process that reduces the stress often associated with buying a car. The company operates primarily in Oman and the United Arab Emirates, focusing on delivering comprehensive support for customers, including assistance with paperwork. Carzaty's innovative approach positions it to significantly impact the automotive retail industry.

Phazero

Pre Seed Round in 2019
Founded in 2019, Phazero is a Muscat, Oman-based software consulting firm. It specializes in designing, developing, and deploying custom software solutions for businesses worldwide.

Tarjama

Tarjama is a certified translation agency based in Dubai serving the Middle East and surrounding regions. It offers a smart language platform and a suite of services including translation, proofreading, transcription, content writing, and subtitling to help businesses communicate effectively with regional audiences. By focusing on cultural and linguistic context, Tarjama enables clients to create multilingual content across multiple formats to support global outreach while tailoring messaging to local markets.
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