Qatar Adds $2B to Fund of Funds as It Accelerates Push Into Venture Capital and Blockchain
The Qatar Investment Authority is making one of its most significant moves yet to elevate Qatar’s position in the global investment landscape, unveiling an additional $2 billion for its Fund of Funds program.
The expansion brings the total commitment to $3 billion, signaling Qatar’s intent to become a central destination for venture capital, advanced technology investment, and blockchain-driven innovation.
The announcement was made by Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani during Web Summit Qatar, where he also revealed a new 10-year residency program for entrepreneurs and senior executives. The policy mirrors long-term visa initiatives in Saudi Arabia and the UAE and is designed to draw high-value talent into Doha as the country accelerates its transition toward a diversified, innovation-led economy.
The expansion of the Fund of Funds arrives at a moment of notable transformation in Qatar’s startup environment. According to Mohammed Saif Al Sowaidi, the additional capital underscores Qatar’s growing appeal as a destination for global investors, particularly those active in venture capital’s upper tiers. He emphasized that the initiative not only attracts leading fund managers but also encourages their portfolio companies to establish regional headquarters in Doha. Many of these firms are opening their first international office in Qatar, a shift that directly enhances the country’s role as a regional hub for entrepreneurial and financial activity.
A central feature of the upgrade is the arrival of five new investment funds, each bringing expertise in strategically important sectors. Their profiles reflect Qatar’s ambition to play a meaningful role in areas such as artificial intelligence, financial technology, digital infrastructure and, increasingly, blockchain technology. Among the newcomers is Greycroft, a major U.S. venture firm with a broad track record in software and sustainability.
Ion Pacific, a structured secondaries specialist, has also joined, adding a sophisticated capital strategy to the program. The Fund of Funds now includes Liberty City Ventures, one of the leading global investors in blockchain companies, supporting firms building decentralized financial infrastructure, AI-driven systems and next-generation digital platforms. Shorooq Partners, a GCC-based multi-strategy firm, and Speedinvest, one of Europe’s most active early-stage venture capital players, round out the new cohort.
Beyond capital commitments, Qatar is strengthening the technical foundations required for a modern digital economy. In collaboration with the Qatar Development Bank, QIA announced that startups participating in the Fund of Funds will gain access to computing power through Qai, Qatar’s newest AI infrastructure company. This support is particularly relevant for blockchain-focused firms, whose development often depends on high-performance computing for network testing, smart-contract deployment and real-time analytics. The partnership gives founders building in Doha an immediate technical advantage in a field where computational capability can determine the pace of innovation.
Since its launch at Web Summit 2024, the Fund of Funds program has already committed over $1 billion to leading regional and international venture firms, helping seed the foundations of a more mature venture ecosystem in Qatar.
With the program now expanded to 12 supported fund managers and a significantly larger pool of capital, Qatar is positioning itself at the intersection of global venture networks and the fast-growing technology markets of the Gulf.
