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+

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

#InvestorTypeRoundsPortfolioHQ
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. 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

Hottest (Dealroom Signal)

Ranked by Dealroom's growth indicator

  1. 1PayLaterDoha, Qatar90
  2. 2Event DevelopersDoha, Qatar85
  3. 3ArtisantDoha, Qatar84
  4. 4CytomateDoha, Qatar84
  5. 5LiabifyDubai, United Arab Emirates84
  6. 6AveyDoha, Qatar84
  7. 7BaqaalaDoha, Qatar82
  8. 8KARTYDoha, Qatar81
  9. 9SpendwisorDoha, Qatar81
  10. 10Rayyan 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)

DateCompanyAmountRoundLead investors
Jan 2026PayLater$10MSEEDLuLu Financial Holdings
Feb 2026SkipCash$4MSERIES AAlawwal Capital, Doha Tech Angels
Dec 2025Madad Fintech$2MSEEDQatar Development Bank
Nov 2025Liabify$2MEARLY VC
Dec 2025Revio$2MSEEDQatar Development Bank
Sep 2026Aligator$1MSEEDNext Ventures, Qatar Development Bank
Dec 2025Barzah$1MSEEDQatar Development Bank
Jun 2026GRO Solutions$600KSEEDGrowthX Capital
Oct 2025Kafy$500KSEEDQatar Development Bank
Dec 2025Enable.Tech$500KSEEDQatar Development Bank
Dec 2025Finspire$500KSEEDQatar Development Bank
Mar 2026ShipBee$500KSEEDGrowthX

Biggest Qatari rounds · 2026 Q1-3 (year to date) (Top 10 rounds)

DateCompanyAmountRoundLead investors
Jan 2026PayLater$10MSEEDLuLu Financial Holdings
Feb 2026SkipCash$4MSERIES AAlawwal Capital, Doha Tech Angels
Sep 2026Aligator$1MSEEDNext Ventures, Qatar Development Bank
Jun 2026GRO Solutions$600KSEEDGrowthX Capital
Mar 2026ShipBee$500KSEEDGrowthX
Feb 2026Hydrovest Technology$275KSEED
Apr 2026Sufra$100KSEEDSnoonu
Sep 2026Hired ValleyEARLY VCGrowthX
Jul 2026SkipCashEARLY VCQatar International Islamic Bank
Mar 2026iQtech LLCSEEDSelexi, Yuniro

Biggest Qatari rounds · Q3 2026 (Top 3 rounds)

DateCompanyAmountRoundLead investors
Sep 2026Aligator$1MSEEDNext Ventures, Qatar Development Bank
Sep 2026Hired ValleyEARLY VCGrowthX
Jul 2026SkipCashEARLY VCQatar 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.

Universities by alumni-founded unicorns

UniversityAlumni unicornsAlumni EV
Qatar University000$0.0T
Hamad Bin Khalifa University000$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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