Investor Profile: Oasis500 — Thesis, Cheque Size & How to Apply

If you are building a tech startup in Jordan or the Levant, Oasis500 funding has been the classic first step for over a decade. Based in Amman, it is the MENA region's pioneer seed investor and business accelerator — launched in 2010 with a mandate to turn raw ideas into funded companies across technology and creative industries.

Thesis & focus

Oasis500 backs the bold: early-stage, tech and tech-enabled startups with clear, scalable business models that can grow beyond Jordan and compete regionally and globally. Established in line with King Abdullah II's vision as Jordan's first dedicated investment fund for technology startups, it pairs capital with hands-on strategic support as founders scale into new markets.

Sectors & stages

The focus is pre-seed and seed-stage technology and creative-industry startups — ICT, mobile, digital media and adjacent sectors. A separate growth track targets established ICT companies with a proven product and business case, offering larger follow-on and Series A-style investments.

Fund size & cheque size

Oasis500 has raised multiple vehicles: Oasis Ventures I (2010), Oasis Creative Industries (2015) and Oasis Ventures II (2019). In February 2026 it unveiled Oasis Ventures III, targeting more than $20 million for early-stage tech startups. Its accelerator model historically offered around $31,000 in seed funding (22,000 JD) for 5–20% equity, with follow-on rounds of 50,000–500,000 JD (about $70,000–$705,000) for companies showing growth.

Notable portfolio

Since 2010 the firm has invested in 193 startups, whose companies have raised more than $135 million in follow-on funding and carry a combined valuation of $243 million, creating nearly 5,000 direct and indirect jobs across more than 22 countries. Named alumni include ShopGo, Little Thinking Minds, Jamalon, ToolMart, CoinMENA, Adam wa Mishmish, Bith.ai and Tamatem.

Key people

Oasis500 was launched by a board led by founder Usama Fayyad, formerly Yahoo's Chief Data Officer. Day-to-day leadership sits with CEO Luma Fawaz, with Suhair Ali serving as Chairwoman.

Programs, credits & perks

The core programme is a five-day intensive boot camp followed by 100 days of mentorship and incubation, ending in a pitch to the firm's angel investor network. No separate startup credit packages are advertised; the growth track for established companies extends the platform beyond the accelerator itself.

How to apply for funding

Founders asking how to get funding from Oasis500 should start at the official website, oasis500.com, where tech-oriented startups apply for selection into the boot camp and acceleration programme. While our list of angel investors in india covers domestic early-stage networks, Oasis500 belongs on the shortlist of any founder targeting MENA expansion.