Qatar Science and Technology Park Launches $30M Tech Venture Fund
Qatar Science and Technology Park (QSTP) has initiated a $30M Tech Venture Fund aimed at early-stage deep tech startups in Qatar. This fund aligns with Qatar's Third National Development Strategy and seeks to create social and climate impact through innovative technology ventures.
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Qatar Science and Technology Park (QSTP) has launched a $30 million Tech Venture Fund to support early-stage deep tech startups headquartered in Qatar. The fund targets sectors such as AI, machine learning, robotics, biotechnology, and clean technology, emphasizing measurable social and climate impact in line with Qatar's Third National Development Strategy.
It will co-invest with prominent venture capital firms, including Global Ventures and Golden Gate Ventures, expanding access to global markets and expertise for local startups. The fund aims to generate enduring value within Qatar's economy and innovation ecosystem while addressing significant regional and global challenges. This initiative may enhance Qatar's position as a hub for deep tech innovation and attract further investment into the region.
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