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21/ Oasis500 Unveils $20M Fourth Fund to Drive Tech Entrepreneurship
Amman, Feb. 11 (Petra) -- Oasis500, Jordan’s pioneering seed investment company, officially launched its fourth investment fund on Wednesday, seeking to mobilize over $20 million in capital to bolster early-stage technology startups and tech-enabled enterprises. The new fund aims to enhance the regional and global competitiveness of Jordanian entrepreneurs by targeting startups with sustainable business models capable of driving long-term economic value. The launch event in Amman convened a high-level assembly of institutional investors, policymakers, and key stakeholders from the Kingdom’s entrepreneurial ecosystem. Oasis500 Chairperson Suhair Ali highlighted that the fund represents a strategic investment in the potential of Jordanian youth. She noted that Oasis500’s establishment in 2010 was a realization of the vision of His Majesty King Abdullah II, serving as the first institutional vehicle in the region dedicated to supporting tech-based entrepreneurship from its inception. "Oasis500 continues to serve as a pivotal early-stage investor and active partner," Ali stated. "By combining equity financing with rigorous technical support, we empower local ventures to penetrate international markets. We are transitioning the ecosystem toward a more mature, impact-driven stage through a disciplined venture capital approach and a robust global network." Since its founding through the King Abdullah II Fund for Development, Oasis500 has invested in 193 startups, facilitating more than $135 million in follow-on funding and achieving a collective portfolio valuation of approximately $243 million. These investments have generated nearly 5,000 direct and indirect jobs and expanded the footprint of Jordanian innovation across 22 countries. //Petra// AJ
11/02/2026 15:31:19
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