Shorooq unveils $200m late-stage fund with QIA backing
Investment firm Shorooq on Monday launched a Qatar-backed $200 million fund aimed at supporting late-stage companies preparing for initial public offerings (IPOs), as the region sees growing demand for capital to take mature businesses to public markets.
The late-stage growth vehicle, part of Shorooq’s Qatalyst Series, will provide equity financing to established companies across the Gulf Cooperation Council (GCC) and Asia, with a focus on helping businesses strengthen governance, scale operations and achieve public-market readiness.
The Qatar Investment Authority (QIA) is an anchor investor in the fund, which was unveiled at Web Summit Qatar 2026, underscoring Qatar’s continued role in backing regional growth and capital markets development.
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Muhammad Ali Bandial