Qatar Science & Technology Park (QSTP), a member of Qatar Foundation, has announced the launch of a $30 million Tech Venture Fund along with its first cohort of co-investment partner funds to support early-stage deep technology startups in Qatar.
The fund will invest in Qatar-headquartered startups focused on delivering measurable social and climate impact, in line with Qatar’s Third National Development Strategy (NDS3) and Qatar Foundation’s innovation objectives.
According to QSTP, the fund is designed to support deep tech founders working at the intersection of artificial intelligence, machine learning, robotics, biotechnology, advanced materials, and clean technology.
Priority sectors also include health tech, edtech, clean energy, agri-tech, smart infrastructure, proptech, aviation technology, and mobility.
All portfolio companies must be headquartered in Qatar with core leadership and operations based in the country. The fund targets startups with strong commercial potential and solutions addressing regional and global challenges.
Rama Chakaki, President of QSTP, said that, “The Tech Venture Fund is built on a simple conviction: important companies of the next decade will be deep tech startups with an impact lens, focused on building inclusive, sustainable technologies that serve humanity and the natural world. We’re here to back those founders early and bring the best investors in the world alongside us when we do.”
The fund will co-invest alongside leading venture capital firms, enabling startups to access additional capital, international expertise, and global markets. This structure is intended to strengthen Qatar’s position as a regional hub for innovation and venture investment.
The initial group of co-investment partners includes Global Ventures, Golden Gate Ventures, White Star Capital, VentureSouq, and Builders VC. These firms bring investment expertise across WANA, Southeast Asia, North America, Europe, and other global markets.
