Scaling Startups
Support and fuel the growth of innovative companies
Our Impact through Investment:
Overview
At the Oryx Fund, our team focuses on investing in game-changing early-stage technology companies, ranging from Seed to Series A funding rounds. We prioritise companies led by exceptional entrepreneurs in sectors where we possess deep expertise, including Fintech, HealthTech, Enterprise tech, Logistics tech, and EdTech. Our goal is to support and fuel the growth of these innovative companies.
As a testament to Oryx's credibility and institutional backing, ITHCA Oman, has committed significant capital as an LP in the fund. This investment underscores Oryx Fund’s strong track record, market confidence, and alignment with Oman’s vision for fostering innovation and entrepreneurship.
Byanat is an Omani AI company specialising in optimising digital infrastructure for telecoms and data centres. Its unified AI platform integrates and manages data from various sources to provide actionable insights, improve operational efficiency, and enhance network visibility.
Our Support
The investment into Byanat was finalised in Jan 2025, however the Oryx Fund team were instrumental in helping the company secure follow-on funding, including introductions to the Lead Investor for the round and a number of follow-on investor.
44.01 is an Omani startup founded in 2020 that specialises in carbon mineralisation, a process that permanently removes CO₂ from the atmosphere by converting it into rock. Named after the molecular weight of CO₂, the company accelerates the natural reaction between carbonated water and peridotite, a rock abundant in Oman and globally.
Our Support
Since the Oryx Fund team invested into 44.01, we have worked with the company to help them across both strategy and fundraising. We have made introductions across the GCC and beyond to strategic partners (oil & gas companies as well as thinktanks) and follow-on investors into the round, including the thinking around putting together a bespoke SPV structure.