2/17/2025
- Builders VC announces new office in Doha, Qatar
- Strategic partnership with QIA will drive forward Qatar’s National Vision 2030 by fueling the growth of a knowledge-based economy and fostering a sustainable, diversified technology ecosystem
- Expands Builders VC’s mission to serve as a collaborative launchpad for high-potential startups, promising local entrepreneurs, and progressive corporations
Doha, San Francisco, CA – February 17, 2025 – Builders VC, a leading early-stage venture capital firm known for investing in transformative companies reshaping traditional industries, today announced the opening of its new office in Doha, Qatar. This expansion marks Builders VC's first presence in the Middle East and North Africa (MENA) region and is in partnership with QIA, Qatar's sovereign wealth fund.
This move highlights QIA's commitment to backing bold entrepreneurs and transformative technologies that align with Builders VC's mission to modernize critical industries such as healthcare, agriculture, real estate, and industrial systems. The Doha office expands Builders VC's mandate of bridging innovation to forward-thinking global partners by serving as a collaborative launchpad for high-potential startups, promising local entrepreneurs, and progressive corporations. Selection of Doha as Builders VC's regional headquarters stems from Qatar's welcoming backdrop for tech founders and commitment to creating a world-leading technology hub.
The office will be led by Tarik Sultan, Partner and Head of the MENA Region. A seasoned investor with a proven track record, Sultan brings a wealth of experience in venture capital, ecosystem building, and a deep understanding of MENA's growing global importance for software, AI, cleantech, and healthcare. The firm will continue to expand its operational footprint in Doha through team growth and continuous engagement with local innovators.
QIA's inaugural Fund of Funds venture capital program was launched in 2024 with a primary focus on technology and healthcare. The initiative is intended to boost economic diversification, support local development, and bring global best practices and capabilities to Qatar.
The Builders-QIA strategic partnership combines QIA's deep regional expertise and substantial resources with Builders VC's operational know-how and sector-driven investment strategy. Together, the collaboration aims to drive forward Qatar's National Vision 2030 by fueling the growth of a knowledge-based economy and fostering a sustainable, diversified technology ecosystem.
About Builders VC
Builders VC is an early-stage venture capital firm that invests in visionary founders reimagining traditional industries through technology. The firm pairs capital with hands-on operational support to help its portfolio companies achieve transformative growth.
About QIA's Fund of Funds Program
The Fund of Funds program aims to develop a strong start-up and venture capital ecosystem in Qatar, attract leading venture capital funds and entrepreneurs to the region and help close the current funding gap for local and regional entrepreneurs.
The program, first announced in February 2024, will invest more than USD 1 billion in international and regional venture capital funds and will place a priority focus on the tech and healthcare sectors.
The Fund of Funds program has a dual investment mandate to achieve good financial performance and deliver a positive development impact on the Qatari venture capital ecosystem.