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QIA launched Fund of Funds that aims to build bridges for startups with global venture capital ecosystem
His Excellency Mohammed Saif Al Sowaidi, CEO of Qatar Investment Authority (QIA), said that QIA launched the Fund of Funds program to achieve positive financial results while building bridges between startups in Qatar and the wider region, and the global venture capital ecosystem.
In a press release issued by QIA, His Excellency revealed that B Capital and Deerfield have joined Qatar’s first independent venture capital firm, Rasmal Ventures, along with UTOPIA, Builders VC and Human Capital as the first investment firms to participate in QIA’s Fund of Funds program.