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+
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Sponsor this guide →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
| # | Investor | Type | Investments | Portfolio | HQ |
|---|---|---|---|---|---|
| 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 |
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
Event DevelopersDoha, Qatar$51M - 2
BitSwapixDoha, Qatar$47M - 3
SnoonuDoha, Qatar$38M - 4
Wafeeq TechnologyDoha, Qatar$11M - 5
At Home DocBrisbane, Australia$10M - 6
PayLaterDoha, Qatar$10M - 7
EmmaDoha, Qatar$10M - 8
QLife PharmaDoha, Qatar$7M - 9
SkipCashDoha, Qatar$6M - 10
Msheireb MediaDoha, Qatar$5M
Hottest (Dealroom Signal)
Ranked by Dealroom's growth indicator
- 1
SnoonuDoha, Qatar97 - 2
Al MeeraDoha, Qatar91 - 3
PayLaterDoha, Qatar89 - 4
AveyDoha, Qatar85 - 5
Droobi HealthDoha, Qatar83 - 6
Event DevelopersDoha, Qatar83 - 7
Rayyan SystemsCambridge, United States82 - 8
LiabifyDubai, United Arab Emirates82 - 9
SpendwisorDoha, Qatar82 - 10
SkipCashDoha, Qatar81
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)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Jun 2025 | Snoonu | $20M | SERIES C | Qatar Development Bank |
| Jan 2026 | PayLater | $10M | SEED | LuLu Financial Holdings |
| Feb 2026 | SkipCash | $4M | SERIES A | Finjan Investments, Qatar Islamic Insurance |
| Dec 2025 | Madad Fintech | $2M | SEED | Qatar Development Bank |
| Nov 2025 | Liabify | $2M | EARLY VC | , |
| Dec 2025 | Revio | $2M | SEED | Qatar Development Bank |
| Dec 2025 | Barzah | $1M | SEED | Qatar Development Bank |
| Sep 2025 | SkyStruct | $503K | SEED | Qatar Development Bank |
| Oct 2025 | Kafy | $500K | SEED | Qatar Development Bank |
| Dec 2025 | Enable.Tech | $500K | SEED | Qatar Development Bank |
| Dec 2025 | Finspire | $500K | SEED | Qatar Development Bank |
| Jul 2025 | CWallet | $500K | SEED | Qatar Development Bank |
Biggest Qatari rounds · Full year 2025 (Top 12 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Jun 2025 | Snoonu | $20M | SERIES C | Qatar Development Bank |
| Dec 2025 | Madad Fintech | $2M | SEED | Qatar Development Bank |
| Nov 2025 | Liabify | $2M | EARLY VC | , |
| Dec 2025 | Revio | $2M | SEED | Qatar Development Bank |
| Dec 2025 | Barzah | $1M | SEED | Qatar Development Bank |
| Sep 2025 | SkyStruct | $503K | SEED | Qatar Development Bank |
| Oct 2025 | Kafy | $500K | SEED | Qatar Development Bank |
| Dec 2025 | Enable.Tech | $500K | SEED | Qatar Development Bank |
| Dec 2025 | Finspire | $500K | SEED | Qatar Development Bank |
| Jul 2025 | CWallet | $500K | SEED | Qatar Development Bank |
| Jun 2025 | ShipBee | $235K | SEED | GrowthX |
| Mar 2025 | Wafir | $110K | SEED | Qatar Development Bank |
Biggest Qatari rounds · Q1 2026 (Top 5 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Jan 2026 | PayLater | $10M | SEED | LuLu Financial Holdings |
| Feb 2026 | SkipCash | $4M | SERIES A | Qatar Development Bank, Doha Tech Angels |
| Mar 2026 | ShipBee | $500K | SEED | GrowthX |
| Feb 2026 | Hydrovest Technology | $275K | SEED | , |
| Mar 2026 | iQtech LLC | $0 | SEED | Yuniro, Selexi |
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.
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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.
Qatari startup IP & patents
The patent portfolio behind Qatari startups: granted patent families, intensity per capita, and where the IP concentrates.
Want to go deeper?
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Qatar University
Carnegie Mellon University in Qatar
Northwestern University in Qatar