Oraseya Capital, the investment arm of Dubai Integrated Economic Zones Authority (DIEZ), has been named the most active investor by deal volume in the UAE for 2024, as per the UAE Venture Investment Report by MAGNiTT.
The recognition highlights Oraseya Capital’s instrumental role in fostering innovation and entrepreneurship within the region.
The firm also achieved the distinction of being the second most active investor in Series-A deals across the MENA region, reflecting its significant impact on scaling startups from pre-seed to Series B stages. Oraseya Capital’s focus on high-potential sectors like AI, Proptech, Fintech, and Cleantech aligns with Dubai’s broader economic goals.
Dr. Mohammed Al Zarooni, Executive Chairman of DIEZ, expressed his satisfaction with the achievement, stating,
“This recognition underscores our unwavering commitment to supporting entrepreneurs and startups shaping the future of the digital economy. It strengthens Dubai’s position as a global investment hub and reinforces DIEZ’s role in advancing the entrepreneurial ecosystem as outlined in Dubai’s D33 Economic Agenda.”
In 2024, Oraseya Capital completed 24 investments, with 16 facilitated through its Sandbox programme, dedicated to nurturing early-stage technology startups, and 8 directed at high-potential companies. These efforts align with the authority’s strategy to drive sustainable development and digital transformation in Dubai.
The accolade not only affirms Oraseya Capital’s pivotal role in the UAE’s venture investment landscape but also highlights Dubai’s growing prominence as a hub for innovation and entrepreneurship.
News Source: Emirates News Agency
