Venture Capital

Wadi Accelerator

Investment Details

Investor Type
Venture Capital

Asset Class Focus
Venture Capital

Stage Focus
Seed, Early Stage

Geographical Focus
United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman, Egypt, Tunisia, Libya, Morocco, Algeria, Lebanon, Bahrain, Jordan, Somalia, Iraq, Palestine, Djibouti, Mauritania, Yemen, Syria

Industries Focus

  • Technology
  • Media
  • HealthTech
  • FoodTech
  • EdTech
  • FinTech
  • E-commerce
  • Logistics
  • Artificial Intelligence
  • Digital Media
  • AgriTech
  • InsurTech
  • Entertainment
  • Biotechnology
  • Proptech
  • Mobility
  • Cleantech
  • Smart Cities
  • Advertising
  • Industrial Internet of Things

Investment Size:
100,000 to 400,000 USD

Investor Details

Wadi Accelerator is a seed fund and tech startup accelerator program based in Muscat, Oman. It is part of the Oman Technology Fund and focuses on investing in early-stage technology companies across the Middle East and North Africa (MENA) region. The program aims to support startups in sectors such as technology, biotechnology, industrial internet of things, artificial intelligence, smart cities, digital media, e-commerce, and advertising. Wadi Accelerator provides initial investments of $100,000 for a 10% stake and selectively invests in follow-on rounds between $150,000 and $400,000. The program has invested in 12 tech startups in Oman and the MENA region, including Almanjam, Crowd Media, Iris Technology, MerMaid, Mrayti, Social Champ, Smartchoice, PG Studios, and WattNow. Wadi Accelerator operates in countries such as Oman, United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, Qatar, Jordan, Lebanon, Egypt, Tunisia, Algeria, Morocco, Libya, Iraq, Syria, Yemen, Palestine, Mauritania, Somalia, and Djibouti. The program focuses on sectors including technology, biotechnology, industrial internet of things, artificial intelligence, smart cities, digital media, e-commerce, and advertising. Wadi Accelerator's investment stages range from seed to early stage, with investment sizes between $100,000 and $400,000. The program's contact information includes email at info@wadiaccelerator.com and phone number +96824702241. The official website is http://www.wadiaccelerator.com/.

Requirements
  • Startups in seed and early stages
  • Technology-focused companies
  • Companies operating in the MENA region
Contact

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Portfolio Companies
  • Almanjam
  • Crowd Media
  • Iris Technology
  • MerMaid
  • Mrayti
  • Social Champ
  • Smartchoice
  • PG Studios
  • Wattnow
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