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    Qatar Development Bank

    Doha, QatarFounded 1997

    Qatar Development Bank (QDB) is a 100% government-owned developmental bank established in 1997 as the Qatar Industrial Development Bank, offering financial services, banking, and loans to support SMEs, startups, and entrepreneurs in Qatar. It provides funding, advisory services, and export financing to diversify the economy across industrial, tourism, educational, healthcare, agricultural, and technology sectors.

    Deal activity increased 200% year-over-year (3 deals in the last 12 months). Average disclosed round size is $124.5M (across 12 rounds with reported amounts).

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    Portfolio

    12

    Fund Size

    $100M

    Top Stage

    Series C

    Last 12 Mo

    3

    Team

    MD

    MR. Dmitry Lukin

    Executive Director of Risk

    MM

    Mr. Mohammed Al Emadi

    Executive Director of Incubation & Venture Capital Investment

    MJ

    MS. Jawaher Humaid Al Noaimi

    Executive Director of Operations & Support

    RA

    Rishabh Anand

    Investor

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    15 investments
    CompanyRoundAmountDate
    Multiverse logoMultiverseSeries C$570MJul 2026
    MMultiverse Computing SLUnknown$570MJul 2026
    Contents logoContentsSeries B$7MFeb 2026
    Wahed logoWahedUnknown—Nov 2024
    Multiverse logoMultiverseSeries D$220MJun 2022
    Sary logoSarySeries C$75MDec 2021
    COMPEON logoCOMPEONSeries C—Jan 2021
    Multiverse logoMultiverseSeries C—Jan 2021
    YNMO logoYNMOUnknown$5MJan 2021
    Alchemist logoAlchemistSeed$4MMay 2019
    AAumet, incSeries A$12M—
    SSnoonuSeries B$12M—
    SSnoonuSeries A$5M—
    Aumet logoAumetSeries A$7M—
    Aumet, inc logoAumet, incSeries A$7M—

    Top Co-Investors

    Last updated: 20 October 2026