Doha – Sharikat Mubasher: Tech-focused investment firm Shorooq unveiled a new $200 million investment Fund focused on backing late-stage technology companies, marking the firm’s latest expansion into growth and pre-IPO financing.

According to the company’s press release, this fund was announced at Web Summit Qatar and is supported by Qatar Investment Authority (QIA) alongside a group of regional and international institutional investors.

Launched as part of Shorooq’s Qatalyst Series, the fund targets established businesses that have already achieved scale and are preparing for liquidity events, with a particular emphasis on IPO readiness. The strategy is designed to close a critical financing gap in the regional ecosystem by providing structured capital and long-term support to companies transitioning from private growth to public markets.

The fund reflects broader shifts across the GCC’s technology landscape, where sovereign-backed capital and a growing pipeline of mature startups are driving demand for sophisticated late-stage financing. By introducing a dedicated growth vehicle, Shorooq aims to create a more consistent pathway for regional champions to access public markets.

The launch also reinforces Shorooq’s positioning as an integrated investment platform. In addition to early-stage venture capital and credit strategies, the firm can now support founders through multiple phases of growth, from initial scaling to late-stage execution.