Dealroom Deep Dive

Qatar

The latest data and trends in Qatari startups, venture capital, exits and innovation.

Raised in Q1 2026
$15M
VC funding · closed quarter
Raised in 2025
$30M
VC funding · full year 2025
Combined enterprise value
$1.2B
VC-backed Qatari startups · founded 1990+

Annual venture capital

Funding into Qatari startups has grown nearly tenfold over the past five years, reaching $30M in 2025. With $15M raised in the first 5 months of 2026, the full year is on track to land at $37M, a +24% change versus 2025. The chart below shows annual funding totals; the latest year is annualised from observed-to-date data and represents the renderer's projection, not a closed quarter.

Quarterly venture capital

Yearly totals mask the quarter-by-quarter rhythm. The chart below shows Qatari startups funding raised in each of the last 21 complete quarters through Q1 2026. All bars are actual closed-quarter sums, no projections, no in-progress quarters.

Investors based in Qatar

The investors headquartered in Qatar, ranked by the number of funding rounds they have backed. In a smaller ecosystem the local base leans on development banks, sovereign funds, accelerators and angel networks as much as classic VC.

Investors based in Qatar

#InvestorTypeInvestmentsPortfolioHQ
1 Corporate 225 193 Doha, Qatar
2 Investment fund 109 92 Doha, Qatar
3 Accelerator 55 54 Doha, Qatar
4 Accelerator 16 11 Al Rayyan, Qatar
5 Angel 12 11 Doha, Qatar
6 Corporate 10 10 Doha, Qatar
7 Venture capital 7 6 Doha, Qatar
8 Venture capital 6 6 Doha, Qatar
9 Corporate 6 5 Doha, Qatar
10 Corporate 4 3 Doha, Qatar

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Source: Dealroom.co

Top companies

Two views of leadership in Qatari startups: the most-funded companies all-time on the left, and the hottest companies right now by Dealroom Signal on the right. Total-funding figures include all capital sources tracked by Dealroom (VC plus grants, project finance, and other instruments). Signal is Dealroom's live growth ranking, these are the firms with the strongest recent momentum across team, timing, growth, and completeness.

Top funded

All-time total funding (includes non-VC sources)

  1. 1Event DevelopersDoha, Qatar$51M
  2. 2BitSwapixDoha, Qatar$47M
  3. 3SnoonuDoha, Qatar$38M
  4. 4Wafeeq TechnologyDoha, Qatar$11M
  5. 5At Home DocBrisbane, Australia$10M
  6. 6PayLaterDoha, Qatar$10M
  7. 7EmmaDoha, Qatar$10M
  8. 8QLife PharmaDoha, Qatar$7M
  9. 9SkipCashDoha, Qatar$6M
  10. 10Msheireb MediaDoha, Qatar$5M
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Hottest (Dealroom Signal)

Ranked by Dealroom's growth indicator

  1. 1SnoonuDoha, Qatar97
  2. 2Al MeeraDoha, Qatar91
  3. 3PayLaterDoha, Qatar89
  4. 4AveyDoha, Qatar85
  5. 5Droobi HealthDoha, Qatar83
  6. 6Event DevelopersDoha, Qatar83
  7. 7Rayyan SystemsCambridge, United States82
  8. 8LiabifyDubai, United Arab Emirates82
  9. 9SpendwisorDoha, Qatar82
  10. 10SkipCashDoha, Qatar81
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Source: Dealroom.co

Notable rounds

Over the last 12 months (through Jun 2026), the largest VC rounds in Qatari startups reveal where capital is consolidating. The table below lists the 12 biggest disclosed rounds by amount, with date, company, round type, and lead investors. Funding events without a public amount are excluded; acquisitions sit in the Unicorns & Exits section.

Biggest Qatari rounds · Last 12 months to end of Q1 2026 (Top 12 rounds)

DateCompanyAmountRoundLead investors
Jun 2025Snoonu$20MSERIES CQatar Development Bank
Jan 2026PayLater$10MSEEDLuLu Financial Holdings
Feb 2026SkipCash$4MSERIES AFinjan Investments, Qatar Islamic Insurance
Dec 2025Madad Fintech$2MSEEDQatar Development Bank
Nov 2025Liabify$2MEARLY VC,
Dec 2025Revio$2MSEEDQatar Development Bank
Dec 2025Barzah$1MSEEDQatar Development Bank
Sep 2025SkyStruct$503KSEEDQatar Development Bank
Oct 2025Kafy$500KSEEDQatar Development Bank
Dec 2025Enable.Tech$500KSEEDQatar Development Bank
Dec 2025Finspire$500KSEEDQatar Development Bank
Jul 2025CWallet$500KSEEDQatar Development Bank
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Biggest Qatari rounds · Full year 2025 (Top 12 rounds)

DateCompanyAmountRoundLead investors
Jun 2025Snoonu$20MSERIES CQatar Development Bank
Dec 2025Madad Fintech$2MSEEDQatar Development Bank
Nov 2025Liabify$2MEARLY VC,
Dec 2025Revio$2MSEEDQatar Development Bank
Dec 2025Barzah$1MSEEDQatar Development Bank
Sep 2025SkyStruct$503KSEEDQatar Development Bank
Oct 2025Kafy$500KSEEDQatar Development Bank
Dec 2025Enable.Tech$500KSEEDQatar Development Bank
Dec 2025Finspire$500KSEEDQatar Development Bank
Jul 2025CWallet$500KSEEDQatar Development Bank
Jun 2025ShipBee$235KSEEDGrowthX
Mar 2025Wafir$110KSEEDQatar Development Bank
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Biggest Qatari rounds · Q1 2026 (Top 5 rounds)

DateCompanyAmountRoundLead investors
Jan 2026PayLater$10MSEEDLuLu Financial Holdings
Feb 2026SkipCash$4MSERIES AQatar Development Bank, Doha Tech Angels
Mar 2026ShipBee$500KSEEDGrowthX
Feb 2026Hydrovest Technology$275KSEED,
Mar 2026iQtech LLC$0SEEDYuniro, Selexi
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Source: Dealroom.co · Updated 26 Jun 2026

Leading industries

Which industries pull in the most venture capital across Qatari startups, and where does the Qatari punch above its weight versus the rest of the world? Use the toggle to switch between absolute VC funding and each industry's over/under-index, and to change the time window. Over the last 12 months (to end of Q1 2026), Food leads at $21M, and the Qatari over-indexes only in Food (47% of Qatari venture capital versus 2% across the rest of the world, 26.45×), and under-indexes most in Energy, Fashion, AI relative to the rest of the world. Industries are tracked through Dealroom's industry tags, which overlap, a company spanning, say, AI and fintech is counted in both, so these show where capital concentrates, not a mutually exclusive split of the total.

Unicorns & exits

Qatari startups have yet to mint a verified unicorn (a company reaching a $1B+ valuation or exit). On exits, the ecosystem has produced 6 tracked acquisitions since 2010 representing $230M in disclosed value. The largest tracked acquisitions include Snoonu ($225M, 2025).

The Qatari startup funnel

Entrepreneurship is a power law. Of every Qatari startup founded, only a fraction attract venture capital, and far fewer climb each successive funding level. This funnel traces VC-backed Qatari startups from first cheque through to the rarest valuation outcomes. Mouth figures are annual means (2010–2024); pool stages count VC-backed companies founded since 1990 by total funding.

Loading funnel…

Fetching data.

Pool of VC-Backed Startups
Any total funding

The Qatari academic flywheel

Qatar's universities are an engine room of the startup economy: the schools whose alumni found the most unicorns and venture-backed companies, and the research that spins out into them.

Universities by alumni-founded unicorns

UniversityAlumni unicornsAlumni EV
Qatar University000$0.0T
Hamad Bin Khalifa University000$0.0T
Carnegie Mellon University in Qatar000$0.0T
Northwestern University in Qatar000$0.0T

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Qatari startup IP & patents

The patent portfolio behind Qatari startups: granted patent families, intensity per capita, and where the IP concentrates.

Patent families by Qatari startup hub

HubPatent families
Doha00,000
Al Rayyan00,000
Al Wakrah00,000
Lusail00,000

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Nina Chaloum
Curated byNina ChaloumEcosystems Research Lead, Dealroom

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