Phaze Ventures

Co-Founder and CEO Abdullah Al-Shaksy leads the investment team, supported by co-founder and partners Mohammed Al-Wahaibi and Masoud Al-Rawahi. Al-Shaksy's background spans more than a decade in public and private equities across the US, Europe, and the Middle East. The firm has not published an investment committee structure, but the three co-founders collectively own the investment process.

Phaze Ventures operates a hybrid model that pairs a venture fund with PhazeRo, an in-house data-science consultancy serving enterprise clients in Oman and the wider Gulf. That consultancy provides direct sightline into technology demand patterns inside regional enterprises and creates relationships with technical founders. The firm also maintains an active co-investor network including accelerators like Y Combinator and venture funds such as a16z, which generate syndicated deal flow from North America.

Phaze Ventures is an independent private equity firm, not a family office. It operates a private venture capital fund plus a corporate subsidiary, PhazeRo, that delivers AI and analytics consulting services to enterprises. This dual structure gives it a fee-income stream that supplements management fees, an architecture closer to a startup studio or venture-builder model than a standard closed-end fund.

Phaze's public portfolio reports only direct equity investments in companies from pre-seed to Series A, alongside co-investors that include Y Combinator, a16z, and other strategic capital sources. The firm has not disclosed any fund-of-funds commitments or LP positions in external venture funds.

The firm backs early-stage B2B AI and deeptech companies, covering pre-seed, seed, and Series A rounds. Its holdings range from newly formed companies such as Boardy.ai and Metal to later early-stage businesses like Sully.ai and Qeen.ai that have reached Series A. Phaze has not disclosed a typical initial check size or follow-on reserve policy.

Phaze Ventures reports a focus on B2B AI, deeptech, data, healthcare, maritime, and climate technology. Its portfolio shows no consumer-social, pure gaming, or consumer-brand investments, suggesting the firm screens out B2C models that lack an enterprise-technology component. The investment concentration in enterprise AI infrastructure and vertical SaaS reinforces that exclusion.

Phaze actively co-invests with external parties and names Y Combinator and a16z among its selected co-investor network, along with accelerators, scout programs, and strategic investors. The firm does not disclose whether it leads rounds or fills allocator slots, but its participation alongside established US venture brands suggests a syndication-oriented approach rather than a lead-investor requirement.