QSTP Launches $30 Million Tech Venture Fund, Unveils Initial Co-Investment Partners

Date:

QSTP Launches $30 Million Tech Venture Fund, Unveils Initial Co-Investment Partners

Doha, Qatar: Qatar Science & Technology Park (QSTP), part of Qatar Foundation, has officially launched a $30 million Tech Venture Fund, marking a significant step in its commitment to fostering innovation within the region. This initiative also introduces the first cohort of co-investment partner funds aimed at supporting early-stage deep tech startups based in Qatar.

The Tech Venture Fund is designed to invest in startups that not only focus on technological advancement but also deliver measurable social or climate impact. This aligns with Qatar’s Third National Development Strategy (NDS3) and the overarching mission of Qatar Foundation (QF).

Investment Focus and Goals

The fund’s investment strategy is centered on the future of Qatar, targeting the intersection of deep technology and impactful solutions. It aims to support founders who are building companies capable of generating sustainable value for Qatar’s economy and innovation landscape.

Rama Chakaki, President of QSTP, emphasized the fund’s foundational belief that the most significant companies of the coming decade will be deep tech startups with a focus on inclusive and sustainable technologies. Chakaki stated that QSTP is committed to supporting these founders early in their journey and attracting top-tier global investors to join them.

Target Sectors and Startup Requirements

The Tech Venture Fund is particularly interested in startups operating at the cutting edge of various fields, including artificial intelligence, machine learning, robotics, biotechnology, advanced materials, and clean technology. Qatar is positioned as a strategic launchpad for these ventures, facilitating both regional and global expansion.

Key sectors of interest encompass EdTech, HealthTech, CleanTech, AgriTech, PropTech, smart infrastructure, aviation technology, and mobility. To qualify for investment, portfolio companies must be headquartered in Qatar, with their core leadership and operations based locally. The fund seeks to back founders who are developing technologies with strong commercial viability and the potential to tackle significant global and regional challenges.

Co-Investment Partnerships

The fund will co-invest alongside prominent local, regional, and global venture capital firms, thereby providing Qatar-based startups with access to a broader spectrum of capital, expertise, and international markets. This strategy is further enhanced by QSTP’s unique position within Qatar’s startup, research, innovation, and venture ecosystems.

The initial group of co-investment partners includes Global Ventures, Golden Gate Ventures, White Star Capital, VentureSouq, and Builders VC. Collectively, these firms bring extensive sector expertise and networks that span the WANA region, Southeast Asia, North America, Europe, and Asia. Additional co-investment partners are expected to be announced in the near future.

Global Ventures focuses on high-growth technology companies across WANA and emerging markets. Golden Gate Ventures is recognized as one of Southeast Asia’s most active early-stage investors, with a dedicated fund aimed at early growth in the WANA region based in Qatar. White Star Capital is a multi-stage global venture capital firm that supports category-defining technology companies across North America, Europe, and Asia. VentureSouq is dedicated to empowering high-growth technology founders in the WANA region, particularly in FinTech and Climate sectors. Builders VC, part of the Qatar Investment Authority’s Fund of Funds program, invests in founders leveraging technology to modernize essential industries such as healthcare, agriculture, industrials, and real estate.

For further details about the Tech Venture Fund, visit QSTP’s official page.

About Qatar Science & Technology Park (QSTP)

Qatar Science & Technology Park (QSTP) serves as a global hub for deep tech with a focus on impact. Its vision is to create a future where technology and science contribute positively to humanity and the environment. Through various programs, partnerships, and its campus, QSTP aims to convene founders, operators, and investors to cultivate disruptive science and technology companies, nurturing them to achieve significant impact and financial success. More information is available on the QSTP website.

About Qatar Foundation

Qatar Foundation for Education, Science and Community Development (QF) is a non-profit organization dedicated to education, research, innovation, and community development, supporting Qatar’s transition to a diversified and sustainable economy. With over 50 entities within its ecosystem, QF aims to serve the people of Qatar and beyond through initiatives in education, sustainability, artificial intelligence, precision healthcare, and social progress.

Founded in 1995 by His Highness Sheikh Hamad bin Khalifa Al Thani and Her Highness Sheikha Moza bint Nasser, QF has developed a unique multidisciplinary ecosystem that provides lifelong learning opportunities, fosters innovation, and empowers individuals to become socially engaged citizens.

This interconnected ecosystem includes a world-class education landscape, research and innovation centers addressing global challenges, and community facilities designed for individuals of all ages. Education City, spanning 12 square kilometers in Doha, represents QF’s large-scale investment in building human capacity for the future.

For a comprehensive overview of QF’s initiatives, please visit QF’s official site.

For media inquiries, please contact: pressoffice@qf.org.qa.

Published on 2026-05-17 10:10:00 • By the Editorial Desk

Share post:

Subscribe

Popular

More like this
Related