Oman Investment Authority Joins $100M Singapore Fund to Boost Startups
As part of the partnership, Golden Gate Ventures plans to establish an office in Oman.
Oman’s startup ecosystem is getting a $100 million push from Singapore, with the Oman Investment Authority (OIA) announcing its investment in Golden Gate Ventures. The deal is expected to drive foreign investment, support Omani entrepreneurs, and open doors for new technology hubs in the region.
The Singaporean fund, founded in 2011, has backed over 100 companies across Asia, the US and Europe, including nine that reached billion-dollar valuations. It has already invested in Omani data analytics company Bayanat, signaling its interest in the region’s tech sector.
As part of the partnership, Golden Gate Ventures plans to establish an office in Oman, aiming to strengthen ties with local startups and investors while providing funding for early-stage companies. The move could connect Omani businesses with Southeast Asia’s fast-growing tech markets, offering access to capital and expertise.
The investment is part of OIA’s Generations Portfolio, which manages foreign assets across multiple industries. The authority has been expanding its focus on future-driven sectors such as artificial intelligence, renewable energy and digital technology.
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