Qatar Science & Technology Park Launches $30 Million Tech Venture Fund

Qatar Science & Technology Park, a member of Qatar Foundation, has launched a $30 million Tech Venture Fund focused on early-stage deep tech startups headquartered in Qatar.

The fund was announced alongside the naming of its first co-investment partner firms and is intended to support startups developing technologies with measurable social or climate impact.

According to QSTP, eligible portfolio companies must maintain headquarters, operations, and core leadership teams in Qatar while building technologies with strong commercial potential capable of addressing regional and global challenges.

The fund targets founders working across sectors including artificial intelligence, machine learning, robotics, biotechnology, advanced materials, and clean technology, with Qatar positioned as a base for regional and international expansion.

Additional areas of interest include EdTech, HealthTech, CleanTech, AgriTech, PropTech, smart infrastructure, aviation technology, and mobility.

Rama Chakaki stated that the initiative is focused on backing deep tech companies combining technological innovation with sustainability and social impact objectives.

QSTP also stated that the fund will operate through co-investment partnerships with regional and international venture capital firms to help Qatar-based startups access broader financing networks, international expertise, and global markets.

The first co-investment partners announced include Global Ventures, Golden Gate Ventures, White Star Capital, VentureSouq, and Builders VC. According to QSTP, the participating firms collectively bring networks and sector expertise spanning the WANA region, Southeast Asia, North America, Europe, and wider Asian markets.

The initiative forms part of broader goals tied to Qatar Third National Development Strategy and Qatar Foundation’s long-term focus on research, innovation, and technology-driven economic development.