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Phaze Ventures secures $40 million for new AI and deeptech funds

Oman's first private venture capital firm launched two new funds targeting a total of $75 million to support local and global AI startups. The initiative has already backed ten companies including Arabic.AI and Sully.ai with support from major Omani institutional investors.

Read the story at Middle East AI News (opens in a new tab on middleeastainews.com)
News published:
Topic:
Startups & funding
Country:
Oman
Source:
Middle East AI News

Oman's first private venture capital firm launched two new funds targeting a total of $75 million to support local and global AI startups. The initiative has already backed ten companies including Arabic.AI and Sully.ai with support from major Omani institutional investors.

News published
29 Oct 2026
Official source
Official source — middleeastainews.com (opens in a new tab on middleeastainews.com)
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Added to Souq
29 Oct 2026

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