Our Stories
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eMushrif Announces $7.5M Funding Round to Fuel Regional Expansion
Phaze Ventures today announced our participation in eMushrif’s $7.5M funding round, backing the team again as they accelerate their next phase of growth. The round was led by Jasoor Ventures also saw participation from Annex Investment, Ithca Group, IDO Investment, and a number of other prominent private investors. The company currently serves more than 120,000 students across public and private Read more
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Phaze Ventures Invests in Clarity’s $12M Round to Redefine Customer Experience with AI
Clarity (formerly Anecdote), the AI-powered customer experience platform, today announced it has raised $12M in funding from a global group of leading investors, including Phaze Ventures, Prosus Ventures, STV AI Fund, Sukna Ventures, Wamda Capital, Neo, Race Capital, Oraseya Capital, Propeller, Tech Invest Com, and prominent angel investors from OpenAI and Google. The round was co-led by Prosus Ventures and STV AI Read more
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Phaze Ventures Invests In UAE Based Tarjama& to Scale Leading enterprise AI Platform
Phaze Ventures is excited to announce our investment in Tarjama, a UAE-based B2B platform revolutionizing language technology solutions for enterprises in the Arabic-speaking market. Tarjama has successfully closed a $15 million Series A funding round, led by Global Ventures, with participation from Wamda Capital, TA Ventures, Golden Gate Ventures, and Endeavor Catalyst. Founded in 2009 Read more
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H.H. Bilarab bin Haitham Al Said Visits eMushrif Highlighting Omani Innovation
His Highness Sayyid Bilarab bin Haitham Al Said, Honorary President of the Programme of Promising Omani Startups, today visited the headquarters of Phaze Ventures portfolio company eMushrif. The visit highlighted the eMushrif homegrown products, enabling school and fleet operators to track, manage and real-time optimize their operations using big data analytics and IoT. Adnan Al-Shuali, Read more
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Qeen.ai raises $10m Seed round to accelerate deployment of AI tooling in eCommerce
We are thrilled to announce our participation in Dubai-based Qeen.ai’s $10 million Seed round alongside Prosus Ventures, Wamda Capital, 10x Founders, and Dara Holdings. This milestone marks one of the largest B2B AI Seed rounds in MENA to date and reinforces Qeen.ai’s mission to revolutionize AI-driven e-commerce solutions in the region. Phaze Ventures first backed Read more
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Phaze Ventures announces 2nd Successful Exit with DNV Acquisition of CyberOwl
DNV, an Oslo based assurance and risk management provider, today announced it’s acquisition of CyberOwl, a Phaze Ventures portfolio company and leading maritime cyber risk monitoring and threat management technology provider. Phaze Ventures invested in CyberOwl‘s $5.1mil Series-A financing alongside investment firms 24Haymarket, Techstars and Brookstreet Equity in 2022. In the wake of high profile Read more