Dubai's Oraseya Capital doubles venture fund to $272M
What's the deal? Oraseya CapitalDealroom has a profile for this one. Try Dealroom →, the venture arm of the Dubai Integrated Economic Zones AuthorityDealroom has a profile for this one. Try Dealroom →, has doubled its fund to Dh1 billion, or around $272 million. It also raised its maximum investment per startup to $6 million.
What's the endgame? The expanded mandate lets Oraseya participate in larger rounds, invest beyond the Series B stage, and back international tech companies with relevance to the UAE. It will focus on artificial intelligence, fintech, digital assets, healthcare, and longevity.
By the numbers: Since launching in November 2023, Oraseya has built a portfolio of 66 active companies. Their combined annual recurring revenue has risen from around $180 million at investment to $387 million, including $140 million generated in the UAE. Portfolio companies have collectively raised $1.1 billion.
Why now? Oraseya also runs the SANDBOX Investment Program, which provides $150,000 to selected startups, alongside its six-month LAUNCHPAD programme. According to MAGNiTTDealroom has a profile for this one. Try Dealroom → data, it ranked as the UAE's most active investor by deal count in 2024 and 2025.
The signal: The firm led the UAE in overall and early-stage deal activity in the first half of 2026. Doubling its fund signals Dubai's push to anchor more late-stage and international tech capital at home.
Read more: scenenow.com
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