Shorooq Launches $200M Qatalyst Fund I Backed by QIA
Shorooq, a leading tech-focused multi-strategy investment firm, today announced the launch of its new late-stage growth fund, Qatalyst Fund I, valued at $200 million, backed by the Qatar Investment Authority (QIA) and other institutional partners, at Web Summit Qatar.
The fund aims to support companies at late-stage growth, particularly businesses with proven scale, strong fundamentals, and clear IPO pathways. It will focus on sectors where technology intersects with scalability, providing long-duration capital to help private companies become public market leaders.
This launch is part of Shorooq’s evolution into a full-stack investment platform, enabling the firm to support founders across the entire capital journey—from early-stage conviction and scale-up financing to late-stage growth and pre-IPO execution, pairing capital with hands-on value creation.
Mahmoud Adi, Founding Partner at Shorooq, said:
"This Fund represents a natural evolution of our platform and how we partner with founders across their full growth journey. With QIA’s backing, we are committed to deploying institutional capital to support enduring, category-defining companies."
The announcement underscores Shorooq’s strategy of building a durable, multi-asset investment platform capable of guiding companies through market cycles while enabling regional and global leadership.
