FASCANO develops operational and technology solutions aimed at improving efficiency, streamlining workflows, and enhancing service quality for hospitality and food & beverage businesses. Founded in 2021 by Ahmed Al Kharusi and Murak Al Muairki and based in Oman, the company has positioned itself around adoption by customers in the region. Its product roadmap and development are being supported by the recent $10 million third-round raise, with prior funding activity including a November 2024 second round led by the Oman Future Fund alongside the Oman Investment Authority and Cyfr Capital. Management says the new capital will be used to continue product development and to expand deployment of its solutions across the sector. Public statements highlight strong customer trust and continued adoption as key factors enabling the company’s next phase of growth.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2026