Oraseya Capital Invests Over $1mn in Seven Technology Startups

Oraseya Capital, the venture capital arm of the Dubai Integrated Economic Zones Authority (DIEZ), announced more than $1 million of investment in seven innovative tech startups.

[{"selector":"#anim-bae85702-1a0d-45cd-be71-d391310ff6d6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c08501b3-9b4e-49a9-beba-dddd2863745b","keyframes":{"transform":["translate3d(0px, 130.76494%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ef6d0c4-8a6b-4ac3-8358-3f058a6f7421 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-17.777122870067252%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

With the funding round closed at the end of SANDBOX’s fourth accelerator program, each of the selected startups is set to receive USD 150,000 (AED 570,000).

[{"selector":"#anim-7725617e-328c-435f-a7a7-40d65ebdb7c3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-da81dfb5-b00a-45cd-b847-5fda85256419","keyframes":{"transform":["translate3d(0px, 152.76156%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

He shed light on his experience of the success of Oraseya Capital within a short period since it was founded in the back end of 2023 as well.

[{"selector":"#anim-87a67873-2db0-408a-8d16-414595454656","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f0460bb-c911-497a-b0a0-03e1be60420a","keyframes":{"transform":["translate3d(0px, 182.67288%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

SANDBOX is part of Oraseya Capital—it is a five-month program run in two phases.

[{"selector":"#anim-e0a38eeb-5d73-40ed-8260-e2403ed283ad","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-465b7296-4040-4c53-b524-542c50331931","keyframes":{"transform":["translate3d(0px, 307.32017%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]