The round was led by Bicycle Capital and included new investors Qatar Investment Authority (QIA), BTG Pactual, Valor Capital Group, and others. Existing investors Kora, Hedosophia, Spice Expeditions, and Audeo Ventures also participated. The Series C was multiple times oversubscribed, reflecting strong institutional demand. With over $2 billion in total debt and equity raised, Plata has […]
Snoonu launches Snoonu Startup Factory to support the next generation of founders and invests in Sufra
Doha, Qatar: Snoonu has launched Snoonu Startup Factory, a new initiative designed to support and empower the next generation of founders and startups in Qatar and across the region. As part of this launch, the company announced its first investment; a $100,000 pre-seed investment in Sufra AI, a Qatar-based startup reimagining the dining experience through intelligent, […]
Qatar-Based Healthtech Startup iQtech Secures First Investment Round to Advance XR Medical Training Platform
Qatar-based healthtech startup iQtech has successfully closed its first investment round with backing from European assessment technology firm Selexi and deep-tech partner Yuniro. The funding will support the development of the company’s XR-based medical simulation platform and accelerate its expansion across the region. Founded in 2025 by Nassim Davide Sidaoui, iQtech is developing EsculapioVR, an […]
Builders VC introduces six portfolio companies to Doha, advancing Qatar’s next phase of venture growth
Doha, Qatar: Builders VC, the global venture capital firm investing in companies modernizing the world’s most foundational industries, brought six new portfolio companies to Doha earlier this month, bringing the total number of Builders-backed companies introduced to Qatar over the past year to sixteen, collectively representing more than $15 billion in enterprise value. These companies reflect […]
Contents closes $7M Series B extension with Qatar Development Bank
Milan / Doha — Mon Feb 16th, 2026 – Contents, the work execution platform that orchestrates AI agents, enterprise knowledge and approval workflows for global brands, has closed a $7M Series B extension. Qatar Development Bank (QDB), a government-owned financial institution and cornerstone of Qatar’s National Vision 2030, and Alkemia Capital, the Series B lead investor, participated […]
Qatar’s Rasmal Ventures Welcomes Snoonu Founder as a Backer of its Flagship Fund
Doha, Qatar — February 9, 2026: Rasmal Ventures announced that Hamad Al-Hajri, Founder and CEO of Snoonu, has joined as an investor in its flagship vehicle, Rasmal Innovation Fund I, which is backed by the Qatar Investment Authority, with the willingness to also be involved in the future parallel funds that Rasmal Ventures will launch. […]
Hydrovest Technology secures QAR 1mln investment to accelerate smart-agri expansion and new product launches
Doha: Hydrovest Technology Trading and Contracting W.L.L, a Doha-based company that develops climate-smart agricultural solutions, crops, and value-added products, today announced the successful close of an investment round totaling QAR 1,000,000. The funding will be deployed to accelerate commercial production, complete a factory fit-out in Birkat Al Awamar, Logistic Park A, Al Wakrah, scale R&D […]
PayLater closes a record-breaking $10mln seed round to accelerate Buy Now, Pay Later growth in Qatar
Doha, Qatar – PayLater, Qatar’s leading and licensed Buy Now, Pay Later (BNPL) platform, has announced the successful closing of a USD 10 million Seed funding round. The round was led by LuLu Alternative Investments Portfolio, with strategic participation from Qatar Development Bank and KBN Holding, alongside a group of angel investors. This funding round ranks among […]
Ajyad Capital Partners with EXANTE to Broaden Investor Access to Global Markets
Bahrain, Manama – [28-09-2025]: Ajyad Capital, a leading investment management firm licensed by the Central Bank of Bahrain (CBB), has announced a new strategic partnership with prime global brokerage EXANTE which extends Ajyad’s global reach, providing investors with exposure to a wide range of financial instruments in international markets, through its upcoming digital investment platform. Commenting on the […]
Tunisia’s Anava Fund of Funds Invests $4mln in Rasmal Ventures to link Tunisian startups with MENA VC
Tunisia’s ANAVA Fund of Funds has invested $4 million in Rasmal Innovation Fund I, the debut fund launched by Qatar-based Rasmal Ventures. The investment aims to channel more international venture capital into Tunisia’s startup ecosystem and strengthen cross-border collaboration between MENA’s emerging innovation hubs. Founded in 2023, Rasmal Ventures focuses on investing in Qatari and […]