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Oman's Phaze Ventures launches two AI funds targeting over $75 million

Oman-based Phaze Ventures has launched two venture capital funds targeting more than $75 million combined, securing over $40 million in investor commitments to date. The funds will invest in artificial intelligence and deeptech startups in Oman and international markets. Phaze Ventures Fund II is anchored by ITHCA Group, a subsidiary of Oman Investment Authority, as well as Ominvest and Oman LNG Development Foundation. The second vehicle, Phaze Ventures Oman Fund, is backed by Future Fund Oman a

By Wamda

1 min read
Oman's Phaze Ventures launches two AI funds targeting over $75 million
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