Qatar's Wasil program graduates 10 startups as cohorts raise $13.8M, close 388 B2B deals
What's the deal? Qatar's Ministry of Communications and Information TechnologyDealroom has a profile for this one. Try Dealroom → has graduated 10 technology companies from the third cycle of its WasilDealroom has a profile for this one. Try Dealroom → scale-up program and launched a fourth cohort with 12 new participants. Across its first three cycles, Wasil startups have collectively raised roughly $13.8 million, completed 388 B2B deals, and posted 32% average revenue growth.
What's the endgame? The program helps high-potential technology companies strengthen operations, improve investment readiness, build commercial partnerships, and expand into local and regional markets. Participants also logged 569 hours of mentorship, with the program recording an 89% satisfaction rate.
Who graduated? The 10 graduates span industrial technology, healthtech, media, agritech, e-commerce, enterprise technology, and logistics. They include SyookDealroom has a profile for this one. Try Dealroom →, a no-code Industrial IoT and AI platform; MedicaDealroom has a profile for this one. Try Dealroom →, which automates insurance and financial cycle management for hospitals; and WareOneDealroom has a profile for this one. Try Dealroom →, an on-demand logistics and supply chain service.
Regional push: WareOne used the program to expand into Saudi Arabia, one of the third cohort's notable outcomes. Founder and chief executive officer Sheikh Khalifa Al Thani said the company joined Wasil to understand the local market but gained "strategic networks, market knowledge, and practical guidance" that supported its move into the Kingdom.
What's next? The new fourth cycle's 12 companies are undergoing capacity building, specialised mentorship, and investment readiness support. With this cohort, the Wasil alumni community has grown to 29 companies.
The signal: The government-backed program reflects Qatar's push to grow its digital economy and position local startups for regional expansion. Its work with partners including the Ministry of Commerce and IndustryDealroom has a profile for this one. Try Dealroom →, Qatar Development BankDealroom has a profile for this one. Try Dealroom →, and Invest QatarDealroom has a profile for this one. Try Dealroom → signals a coordinated state effort to turn early-stage tech firms into commercially viable, cross-border businesses.
Read more: ArabFounders
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