Muscat - Sharikat Mubasher: Fascano, an Oman-based hospitality technology startup, announced the successful closure of its third investment round valued at $10 million, with participation from Kamel bin Fahd Al Said and Cyfr Capital, in partnership with the Future Fund Oman under the Oman Investment Authority.  

According to the official statement, the company will use the new capital to expand market presence, enhance its technology platform, and accelerate product development, ultimately strengthening its position as a regional player in hospitality tech.

This investment underscores Fascano’s commitment to enhancing operational experiences, streamlining processes, and empowering the hospitality and food and beverage sector to operate with greater efficiency and elevated quality.

Founded in 2021 by Ahmed Al Kharusi and Murak Al Muairki, Fascano is a cloud-based platform designed to help hotels, restaurants, and cafés streamline their operations. Its product suite includes tools for managing reservations and orders, creating digital menus, and enabling fast, contactless payments via QR codes.

It aims to address one of the sector’s most pressing challenges: operational inefficiency. By digitizing core workflows, Fascano helps businesses in the hospitality sector improve both backend performance and customer-facing experiences.