Stemly joins Startup Qatar’s inaugural investment cohort
The forecasting software company received backing for its expansion in Qatar.
Stemly was named as a recipient of the first Startup Qatar Investment Program cohort on November 12, 2024. The programme, backed by Qatar Development Bank, provides financing and support for companies establishing or expanding operations in Qatar.
Stemly develops forecasting and optimisation software for supply chain and finance teams. Its tools help businesses connect demand predictions, inventory planning and resource allocation.
The cohort support includes help with office space, accommodation and entrepreneur visas. An individual investment amount for Stemly was not disclosed in the announcement.
Use of funds
Establish or expand operations in Qatar