Qatar unveils its first VC fund of funds with $1bn worth of investments

RIYADH: Local and regional entrepreneurs are set to benefit from an investment exceeding $1 billion through Qatar’s new venture capital fund of funds.

According to the Qatar Investment Authority, the initiative aims to nurture innovation within the country, with the assets allocated to international and regional venture capital funds.

The endeavor, as outlined in a statement by QIA, has two primary objectives.