Qatar Foundation’s Qatar Science & Technology Park (QSTP) has launched a $30 million Tech Venture Fund to support early-stage deep technology startups based in Qatar. The initiative is designed to strengthen the country’s innovation ecosystem by backing science-driven companies working in advanced technology sectors and enabling them to scale regionally and globally.
The fund focuses on startups operating in high-impact fields such as artificial intelligence, machine learning, robotics, biotechnology, advanced materials, and clean technology. It also extends support to sectors including healthtech, edtech, agritech, smart infrastructure, mobility, and aviation technology, with an emphasis on solutions that deliver measurable social or environmental impact.
A key feature of the initiative is its co-investment model, where QSTP partners with established global venture capital firms to support startups at pre-seed, seed, and selective Series A stages. The first group of partners includes Global Ventures, Golden Gate Ventures, White Star Capital, VentureSouq, and Builders VC, providing startups with access to international expertise and networks.
The fund aligns with Qatar’s broader national strategy to diversify its economy beyond hydrocarbons and build a knowledge-based innovation economy. It also supports Qatar Foundation’s mission to promote research, education, and community development while encouraging startups to develop technologies with long-term economic and societal value.
Through this initiative, Qatar aims to position itself as a regional hub for deep technology innovation by attracting founders, researchers, and investors to build scalable solutions from within the country. The fund is expected to strengthen Qatar’s startup ecosystem while accelerating the development of frontier technologies with global relevance.
