Rasmal Ventures
Overview
Established in 2023, Rasmal Ventures is Qatar's first independent venture capital firm, focusing on technology-driven startups across the Middle East and North Africa (MENA) region. The firm primarily invests in Series A and Series B stages but also selectively participates in Pre-Series A and later stages. While sector-agnostic, Rasmal Ventures has specific competencies and interests in fintech, B2B SaaS, supply chain logistics, and artificial intelligence. The team boasts over 100 years of cumulative investing experience, navigating various economic cycles and supporting successful companies regionally and beyond. Rasmal Ventures launched its inaugural fund, Rasmal Innovation Fund I LLC, in June 2024, aiming to raise $100 million in investment commitments. The fund targets high-performance technology startups and scale-ups across Qatar, the wider MENA region, and internationally, with a strategic interest in sectors such as fintech, supply chain logistics, healthtech, B2B SaaS, and artificial intelligence. In February 2025, Rasmal Ventures received funding from Qatar Investment Authority's Fund of Funds program, marking the first fund to join the $1 billion venture capital program. This partnership underscores Rasmal Ventures' commitment to driving innovation and investment in the region. The firm's investment philosophy emphasizes active support and follow-on investments for its best-performing companies. Rasmal Ventures prides itself on being a hands-on investor, leveraging its strong institutional and corporate network in Qatar and the MENA region to help portfolio companies expand and grow their businesses regionally. The team has extensive experience in the MENA region, Europe, and North America, providing a robust network of connections and deep experience across different venture markets. This approach reflects Rasmal Ventures' dedication to fostering innovation and supporting the growth of technology startups in the MENA region.
Investment Focus
- Exceptional founders with bold ambitions
- Strategic thinking
- Excellence in execution
- Entrepreneurial DNA
- Mission-driven teams
Portfolio Companies
Reach Rasmal Ventures directly
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Unlock full contacts →Frequently asked questions about Rasmal Ventures
What sectors does Rasmal Ventures invest in?
Rasmal Ventures invests in HealthTech, FinTech, Artificial Intelligence, B2B SaaS and Supply Chain Logistics, and is based in Qatar. Rasmal Ventures is listed as a venture capital in the ConnectSafely investor database.
What stage does Rasmal Ventures invest at?
Rasmal Ventures backs companies at Pre-Seed, Seed, Early Stage, Series A, Series B and Growth, writing cheques of 1M - 50M.
Which regions does Rasmal Ventures invest in?
Rasmal Ventures invests across United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman and Egypt.
Who are the partners at Rasmal Ventures?
Team members listed for Rasmal Ventures include Mohamed ALTAWASH (Venture Partner) and Angus Paterson (Venture Partner).
What companies has Rasmal Ventures invested in?
Rasmal Ventures's portfolio includes MedIQ and InvoiceQ.
How do I contact Rasmal Ventures?
Rasmal Ventures's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
