Jordan-based accelerator Oasis500 has announced the launch of Oasis Ventures III, its fourth investment fund, targeting more than $20 million to support early-stage technology and tech-enabled startups. The new fund continues the organization’s long-standing strategy of investing in emerging ventures while providing operational and strategic guidance to help founders scale their businesses.
The announcement was made during an event attended by entrepreneurs, investors, and institutional stakeholders, reinforcing Oasis500’s role in strengthening Jordan’s startup ecosystem. The fund will focus on startups in their formative stages, combining capital investment with mentorship and hands-on support aimed at enabling regional and international growth.
Established in 2010 as Jordan’s first dedicated technology startup investment platform, Oasis500 has invested in 193 startups to date. These companies have collectively secured more than $135 million in follow-on funding, while the accelerator’s active portfolio is valued at approximately $243 million. Across its portfolio, Oasis500-supported companies have contributed to nearly 5,000 direct and indirect jobs in more than 22 countries.
Oasis Ventures III builds on previous investment vehicles launched over the past decade, including Oasis Ventures I in 2010, Oasis Creative Industries in 2015, and Oasis Ventures II in 2019, which focused on startups that had already achieved product-market fit and commercial maturity. The new fund marks a renewed focus on nurturing early-stage innovation and supporting entrepreneurs at the beginning of their growth journey.
The initiative aligns with Jordan’s broader Economic Modernisation Vision, highlighting the growing importance of venture capital and structured startup support in driving innovation, employment, and economic diversification across the country’s technology sector.
