Oraseya Capital has been named the most active investor in the UAE for 2024, according to the UAE Venture Investment Report by MAGNiTT. The rankings are measured by number of deals.
In 2024, Oraseya Capital completed 24 investments, with 16 made through its SANDBOX program which supports early-stage tech startups, and eight direct investments in high-growth companies. Among its notable investments was a lead role in Podeo’s $5.4m Series-A round, helping position the company as the world’s largest podcast distribution platform.
Oraseya Capital allocated 21% of its investments to AI and machine learning, with proptech, fintech and cleantech at 13% each. In addition to its investments, Oraseya achieved two successful exits in 2024.
Gulf Economist Staff Writer