Programme commitment · Business services

QIA announces venture fund-of-funds programme of more than $1 billion

The February 2024 launch aimed to attract international and regional venture capital managers to Qatar.

Qatar Investment Authority announced its first venture capital fund-of-funds programme on February 26, 2024, with plans to invest more than $1 billion in international and regional VC funds.

The programme was designed to increase capital available to local and regional startups while pursuing commercial returns. It prioritised technology and healthcare, with participating managers expected to establish an operational presence in Qatar. Investments would mainly flow through venture funds, with targeted co-investments also possible.

Use of funds

Commit capital to international and regional venture capital funds

Funding history

Programme commitment · This round>$1B

Sources

  1. QIAlaunchcommitmentqia.qa · Feb 26, 2024