Muscat, Sultanate of Oman: Omantel Innovation Labs has launched Cohort 8, welcoming nine technology startups aimed at fostering entrepreneurship and technological advancement. This initiative enhances the organization’s commitment to supporting innovative ventures and expanding market opportunities.
Seven startups were selected through a competitive application and evaluation process, showcasing diverse solutions in fintech, cybersecurity, artificial intelligence, industrial technology, food technology, and advanced manufacturing. Additionally, Cohort 8 includes two startups from stc’s inspireU portfolio in Saudi Arabia, further broadening the initiative’s regional framework.
The startups participating in Cohort 8 include:
- Al Ankaa: Provides technical solutions for various sectors using low/no-code development and artificial intelligence.
- CardO: A platform for SMEs that digitizes expense management through virtual cards and enhanced visibility.
- DR3K: Offers an AI-powered mobile app security testing platform to detect vulnerabilities.
- Innotech: Innovates 3D printing in construction and artificial reefs, aiming to reduce costs and carbon footprints.
- MisMar: A stc inspireU participant that focuses on enhancing the vehicle after-sales experience with digital solutions.
- Modern Zone: An AI-driven operational intelligence platform for industrial infrastructure, starting with the water sector.
- Nabt: Delivers fresh produce through a supply chain established across Saudi Arabia.
- OCO: Connects customers with restaurants in Oman, offering discounts and order-ahead services.
- SEE360: An intelligent system for tracking commitments on Oman’s mega-projects.
The participation of MisMar and Nabt marks a new collaboration between Omantel Innovation Labs and stc’s inspireU, providing the startups with valuable market exposure in Oman. Meanwhile, Octopus Cybersecurity from Omantel’s portfolio is exploring opportunities in Saudi Arabia through this partnership. This exchange aims to enhance networking and growth trajectories for startups across the region.
H.H. Sayyida Ghada Jaifar Al-Said, General Manager of Omantel Innovation Labs, expressed excitement about Cohort 8, stating it reflects an evolving technology landscape geared toward addressing market needs. She emphasized the lab’s role in helping startups enhance their market readiness and cultivate industry connections.
Since its inception, Omantel Innovation Labs has guided multiple technology ventures, enabling participants to secure investments and enter new markets. The launch of Cohort 8 aims to build on this success and enhance opportunities for regional collaboration.
About Omantel Innovation Labs: The labs serve as a hub for innovation and startup growth, offering mentorship, networking, and resources to enrich the local ecosystem. Omantel is committed to advancing technology in line with Oman Vision 2040 by investing in emerging fields such as AI, cloud, and cybersecurity.
