Oasis500, a leading seed stage investment and business accelerator, and the first of its kind in Jordan and the MENA region, gave the opportunity for 13 of its start-ups to pitch their businesses to international and regional investors.
The “Investor Day” held at Sheraton Amman Al Nabil Hotel on Sunday May 31st, 2015, opened the floor for the startups to present their businesses to a considerable number of regional and international investing companies from different sectors and fields, aiming to receive the needed investment and mentorship for further success.
The participated companies presented different sectors such as technology, ICT, and creative industries; “Snackable News” for online news, an online marketplace “3D MENA” for 3D printing, “Project Pen” for creative writing, platform “Sheaply” that allows you to rent a space in a travelers bag, the e-commerce website “El.Muda” for high-end fashion, Sa3ed.me for households and electric services, an Arabic e-bookstore “Yaqut”, the search engine “Trevx” for audio files, and “Top Steering” for automotive parts and services.
Mr. Yousef Hamidaddin, Oasis500 CEO, expressed his optimism on the partnerships and anticipated success such activities deliver, stating, “Our major objective is to find engaging platforms that include different parties and opens the chance for young talents to succeed, as well as inspire them to transform their ideas into successful business”.
It is worth mentioning, that 40 Oasis500 start-ups previously received support and early stage funds estimated at $18 million Dollars till now.