Phaze Ventures

Established in 2018, Phaze Ventures is the first private venture capital firm in Oman, dedicated to transforming the region's economy by unlocking the potential of youth, startups, and corporates. The firm specializes in early-stage investments, strategic partnerships, and corporate consultancy services, with a focus on Deeptech, AI, and Web3 companies across the GCC and North American markets.

Phaze Ventures employs a multifaceted approach to foster innovation. Its direct investment arm supports the Omani startup ecosystem, aiding youth in establishing and sustaining entrepreneurial ventures. The accelerator arm, SparkLabs Energy, is tailored to identify and scale companies addressing future energy needs. Additionally, the firm's tech training arm collaborates with strategic partners to bridge the skills gap between graduates and corporate requirements.

The firm's portfolio includes investments in various sectors, such as AI, DeepTech, Web3, IoT, E-commerce, Hardware, Renewable Energy, Delivery & Logistics, Fintech, SaaS, and Software. Notable investments include Clarity, a UAE-based AI-powered customer experience platform, and Tarjama, a UAE-based B2B platform revolutionizing language technology solutions for enterprises in the Arabic-speaking market. Phaze Ventures continues to play a pivotal role in accelerating the transformation of the region's economies through its strategic investments and partnerships.