Rasmal Ventures

Rasmal Ventures operates as an independent venture capital fund based in Qatar, dedicated to investing in technology startups throughout the wider MENA region. The firm strategically deploys capital into promising companies at pre-Series A, Series A, and Series B stages, concentrating on sectors including fintech, SaaS, logistics, and artificial intelligence to drive innovation and expansion.

Established in 2023, Rasmal Ventures was formed as the first independent Qatari venture capital entity operating under the Qatar Financial Centre. Co-Managing Partner Alexander Wiedmer, alongside Partner Dr. Shaikha Al-Jabir and Venture Partner Angus Paterson, leveraged their collective backgrounds in investment and technology to create a foundational funding mechanism for regional entrepreneurial talent.

The firm targets exceptional founders possessing bold ambitions and strong execution, providing strategic guidance beyond just capital. Rasmal Ventures’ vision is to significantly contribute to the growth of impactful technology businesses, enriching the startup ecosystem and fostering technological advancement and economic diversification across the MENA landscape.