Oasis500 launches Oasis Ventures III fund exceeding $20M

Oasis500, the tech investment arm of the King Abdullah II Fund for Development (KAFD), has launched its fourth investment fund, Oasis Ventures III (OVIII), with capital exceeding $20 million. The fund will target investments in early-stage tech and tech-enabled startups to help entrepreneurs scale their business models regionally and globally. The launch marks a continuation of the firm's 16-year legacy, bringing its total startup investment count past 193 active portfolio companies.