Oraseya Capital Recognised As Leading Investor In UAE And MENA Region For 2024

Oraseya Capital, part of the Dubai Integrated Economic Zones Authority (DIEZ), has been acknowledged as the most active investor in the UAE for 2024. This recognition comes from MAGNiTT's UAE Venture Investment Report, which highlights Oraseya's significant role in supporting startups from pre-seed to Series B investment stages. The firm also ranked second in Series-A deals across the MENA region, showcasing its growing influence.

In 2024, Oraseya Capital made a total of 24 investments. Among these, 16 were through its Sandbox programme, which focuses on early-stage technology startups. The remaining eight were direct investments in promising companies. This activity underscores Oraseya's dedication to nurturing innovation and supporting high-potential sectors like AI, Proptech, Fintech, and Cleantech.

Dr. Mohammed Al Zarooni, Executive Chairman of DIEZ, expressed satisfaction with Oraseya Capital's achievements. He stated, "We are pleased to see Oraseya Capital recognised as the most active investor in the UAE and 2nd most active Series A investor in the MENA region. This acknowledgement underscores our unwavering commitment to supporting entrepreneurs and startups that are shaping the future of the digital economy and driving innovation in Dubai and the UAE."

Al Zarooni further highlighted how this recognition strengthens Dubai’s status as a global investment hub. He noted that it also enhances DIEZ’s role in promoting entrepreneurship aligned with Dubai’s D33 Economic Agenda. The investments by Oraseya Capital reflect a strategy aimed at fostering startups that offer innovative solutions while contributing to sustainable development and digital transformation.

The focus on sectors such as AI, Proptech, Fintech, and Cleantech is central to Oraseya Capital's investment approach. By targeting these areas, they aim to support businesses that can drive future growth and technological advancement within Dubai and beyond. Their efforts are not only about financial returns but also about contributing positively to the broader economic landscape.

This strategic direction aligns with Dubai's vision for economic progress through innovation and sustainability. By investing in these key sectors, Oraseya Capital is playing a crucial role in advancing digital transformation initiatives that are vital for long-term growth.

The achievements of Oraseya Capital reflect its strong commitment to fostering an entrepreneurial ecosystem that supports emerging technologies and innovative business models. Their proactive approach ensures they remain at the forefront of investment activities within the region.

With inputs from WAM