Dubai:The Dubai Integrated Economic Zones Authority (DIEZ) has announced a significant expansion of the venture capital fund managed by Oraseya Capital, increasing its size from AED500 million to AED1 billion. This move is aimed at bolstering Oraseya Capital's ability to support companies with global growth potential, while also contributing to Dubai's position as a global hub for venture capital.

According to Emirates News Agency, this expansion is designed to enhance Oraseya Capital's investment capacity, with maximum investment per company doubling from US$3 million to US$6 million. The fund's scope will extend beyond UAE-linked companies to include global firms of strategic relevance, broadening access to international opportunities.

The fund is set to support founders across all growth stages, including beyond Series B, allowing Oraseya Capital to back companies with proven business models while still aiding early-stage startups. This strategy strengthens Oraseya Capital's role in nurturing the next generation of billion-dollar unicorns, furthering Dubai's economic development.

Oraseya Capital has built a strong presence in the venture capital ecosystem, ranking as the UAE's most active investor by deal count for three consecutive years, according to MAGNiTT. It also achieved recognition as 'Venture Capital Firm of the Year' at the Entrepreneur Middle East Awards in 2025.

Dr. Mohammed Al Zarooni, Executive Chairman of DIEZ, emphasized that the fund's growth reflects Oraseya Capital's successful model and is part of a strategy to foster impactful investment partnerships. The fund's expansion aims to support companies capable of competing globally, positioning Dubai as a base for their international growth.

Since its launch in November 2023, Oraseya Capital has invested in 66 active companies, with its portfolio companies achieving substantial economic growth. These companies have raised a combined total of US$1.1 billion, highlighting the fund's role in scaling technology companies and facilitating their global market entry.

Oraseya Capital focuses on high-growth sectors such as fintech, Artificial Intelligence, and healthcare, prioritizing innovations that can transform industries and build leading companies in emerging sectors.