Oasis500, Jordan's first dedicated seed-stage tech investor, has launched its fourth fund, Oasis Ventures III, targeting a fund size exceeding $20 million. The fund will focus on early-stage tech and tech-enabled startups with scalable business models capable of competing regionally and globally.
Oasis500 was established in 2010 through the King Abdullah II Fund for Development and has since invested in 193 startups. Those companies have secured more than $135 million in follow-on investment, carry a current portfolio valuation of $243 million, and have generated nearly 5,000 direct and indirect jobs across 22 countries.
The new fund follows three previous vehicles: Oasis Ventures I (2010), Oasis Creative Industries (2015), and Oasis Ventures II (2019), which focused on startups that had reached more advanced stages of commercial maturity and demonstrated product-market fit.
Notable Oasis Ventures II portfolio companies include Capifly, Simma, and Toolmart. The fund also backed CoinMENA, the Bahrain-headquartered crypto exchange that was acquired by Turkey's Paribu in December 2025 in a transaction valued at up to $240 million.
"Oasis Ventures III is a direct investment in Jordanian youth and in promising companies capable of growth and sustainability," said Chairwoman Suhair Ali. She added that the fund blends capital with hands-on strategic support to enable local companies to scale and compete across regional and global markets.
The launch event also featured a tribute to former chairman Marwan Juma, honouring his 15-year tenure with Oasis500.
