Qatar
The latest data and trends in Qatari startups, venture capital, exits and innovation.
Raised in Q3 2026
$1M
VC funding · closed quarter
Raised in 2026 Q1-3
$17M
VC funding · year to date
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 $17M raised in the first 9 months of 2026, the full year is on track to land at $22M, a -26% 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 Q3 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 | Rounds | Portfolio | HQ |
|---|---|---|---|---|---|
| 1 | Corporate | 115 | 124 | Doha, Qatar | |
| 2 | Qatar Fintech Hub |
Accelerator | 55 | 97 | Doha, Qatar |
| 3 | Qatar Science & Technology Park |
Accelerator | 16 | 109 | Al Rayyan, Qatar |
| 4 | Doha Tech Angels |
Angel | 12 | 23 | Doha, Qatar |
| 5 | Qatar Sportstech |
Venture capital | 7 | 29 | Doha, Qatar |
| 6 | Rasmal Ventures |
Venture capital | 7 | 7 | Doha, Qatar |
| 7 | A-typical Ventures |
Venture capital | 5 | 5 | Doha, Qatar |
| 8 | MBK Holding |
Corporate | 4 | 16 | Doha, Qatar |
| 9 | Draper Investment Company |
Venture capital | 3 | 5 | Doha, Qatar |
| 10 | Quantum Edge |
Venture capital | 3 | 4 | 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
PayLaterDoha, Qatar90 - 2
Event DevelopersDoha, Qatar85 - 3
ArtisantDoha, Qatar84 - 4
CytomateDoha, Qatar84 - 5
LiabifyDubai, United Arab Emirates84 - 6
AveyDoha, Qatar84 - 7
BaqaalaDoha, Qatar82 - 8
KARTYDoha, Qatar81 - 9
SpendwisorDoha, Qatar81 - 10
Rayyan SystemsCambridge, United States80
Source: Dealroom.co
Notable rounds
In 2026 Q1-3 (year to date), the largest VC rounds in Qatari startups reveal where capital is consolidating. The table below lists the 10 biggest rounds by amount, with date, company, round type, and lead investors; rounds without a public amount sit at the bottom with the amount left blank. Exits sit in the Unicorns & Exits section.
Biggest Qatari rounds · Last 12 months to end of Q3 2026 (Top 12 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Jan 2026 | PayLater | $10M | SEED | LuLu Financial Holdings |
| Feb 2026 | SkipCash | $4M | SERIES A | Alawwal Capital, Doha Tech Angels |
| Dec 2025 | Madad Fintech | $2M | SEED | Qatar Development Bank |
| Nov 2025 | Liabify | $2M | EARLY VC | |
| Dec 2025 | Revio | $2M | SEED | Qatar Development Bank |
| Sep 2026 | Aligator | $1M | SEED | Next Ventures, Qatar Development Bank |
| Dec 2025 | Barzah | $1M | SEED | Qatar Development Bank |
| Jun 2026 | GRO Solutions | $600K | SEED | GrowthX Capital |
| 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 |
| Mar 2026 | ShipBee | $500K | SEED | GrowthX |
Biggest Qatari rounds · 2026 Q1-3 (year to date) (Top 10 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Jan 2026 | PayLater | $10M | SEED | LuLu Financial Holdings |
| Feb 2026 | SkipCash | $4M | SERIES A | Alawwal Capital, Doha Tech Angels |
| Sep 2026 | Aligator | $1M | SEED | Next Ventures, Qatar Development Bank |
| Jun 2026 | GRO Solutions | $600K | SEED | GrowthX Capital |
| Mar 2026 | ShipBee | $500K | SEED | GrowthX |
| Feb 2026 | Hydrovest Technology | $275K | SEED | |
| Apr 2026 | Sufra | $100K | SEED | Snoonu |
| Sep 2026 | Hired Valley | EARLY VC | GrowthX | |
| Jul 2026 | SkipCash | EARLY VC | Qatar International Islamic Bank | |
| Mar 2026 | iQtech LLC | SEED | Selexi, Yuniro |
Biggest Qatari rounds · Q3 2026 (Top 3 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Sep 2026 | Aligator | $1M | SEED | Next Ventures, Qatar Development Bank |
| Sep 2026 | Hired Valley | EARLY VC | GrowthX | |
| Jul 2026 | SkipCash | EARLY VC | Qatar International Islamic Bank |
Source: Dealroom.co · Updated 12 Oct 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. In 2026 Q1-3 (year to date), Fintech leads at $15M, and the Qatari over-indexes only in Fintech (88% of Qatari venture capital versus 5% across the rest of the world, 16.93×), and under-indexes most in AI, Transportation 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 5 tracked exits since 2019 representing $300M in disclosed value. The largest tracked exits include Snoonu ($300M, 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 Fintech Hub
Qatar Science & Technology Park
Doha Tech Angels
Qatar Sportstech
Rasmal Ventures
A-typical Ventures
MBK Holding
Draper Investment Company
Quantum Edge
Qatar University
Hamad Bin Khalifa University
Carnegie Mellon University in Qatar
Northwestern University in Qatar