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Qatar Science & Technology Park operates as a key incubator for advancing technology development, research, innovation, and entrepreneurship within Qatar. It actively fosters a dynamic environment where global companies and institutions can develop and commercialize their technological innovations. The organization focuses on cultivating a robust knowledge economy by supporting the creation and application of new technologies across various critical sectors.
Established in 2004, Qatar Science & Technology Park was initiated with the strategic insight to diversify Qatar's economic base beyond natural resources. It was founded as a national endeavor to transition towards a sustainable, knowledge-based economy, providing the infrastructure and programs necessary for technological advancement and commercialization. This foundational objective aimed to position Qatar as a regional hub for research and development.
The Park serves technology-based startups, research institutes, and established companies seeking to innovate and grow within a supportive ecosystem. Its long-term vision is centered on building a sustainable society through the sharing and creation of knowledge, specifically targeting breakthroughs in energy, environment, health sciences, and information & communication technologies. QSTP envisions a future where innovation drives economic prosperity and societal well-being.
Qatar Science & Tech Holdings has 2 tracked investments across 2 companies. The latest tracked deal is $11.5M Series A in Obrizum in November 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 23, 2022 | Obrizum | $11.5M Series A | Shane Gallwey | Beaubridge, Celeres Investments, Juno Capital Partners |
| Nov 12, 2019 | Meddy | $2.5M Series A | — | Dharmendra Ghai, 212, Innoway, Kasamar Holdings, Modus Africa |