TechnologyQatar establishments again international clean-building push in one in all Mena’s largest deep-tech offers Last updated: June 20, 2026 6:53 pm ByspsinghByspsingh Share 0 Min Read SHARE spsinghWebsite | + postsBio ⮌spsinghClaritev Companions with iO Well being to Drive AI throughout MENA AreaspsinghHawala raises $3m to launch its app and energy monetary infrastructure throughout MENAspsinghPepperstone hires Mohammed Almadhoun as Head of Center East, Osama Hamdan to move MENA gross salesspsinghCBUAE measures strengthen monetary stability, resilience: Group CEO of ADIB – MENA Fintech Affiliation spsingh See Full Bio TAGGED:cleanbuildingdealsDeepTechGlobalinstitutionsLargestMenaspushQatar Share This Article Email Copy Link Print Previous Article Water Conflicts to Watch within the MENA Area Next Article How diversification within the Center East is powering development FacebookLikeXFollowInstagramFollowLinkedInFollowMediumFollowRSS FeedFollowMost Read Club Africain Prepares Major Tribute and Post-Retirement Role for Yassine Meriah “We Achieved Our First Goal”: Maher Kanzari Reflects on Strong Start at Club Africain “An Honour For Me”: Egypt Manager Hossam Hassan Strikes Defiant Tone Following FIFA Three-Match Suspension India Claim T20I Series Opener in Thrilling Fashion with High-Octane Chase Against New Zealand Barcelona Files Official UEFA Complaint Against PSG Over Provocative “Parisian Massacre” Tifo Auxiliary Forces Member Killed and Three Injured in Severe Traffic Collision Between Azrou and Ifrane Asian Cup Fixtures Proceed as Planned While Major Riyadh Golf Tournament Postponed Following Security Developments “Shameful” Metrics Exposed: Thibaut Courtois Highlights Real Madrid Defensive Crisis and Duo’s Struggles Gulf Meteorology Alerts Warn of Relatively Hot Weather, Variable Winds, and Relative Humidity Reaching 90% Thailand Flood Death Toll Reaches 60 as Meteorological Department Warns of Severe Downpours in South - Advertisement -
, has closed “one of the largest transactions of its kind in the Mena region,” anchoring a South Korean building energy company%27s global headquarters and acquisition strategy in Doha.</p><p>EnergyX, a South Korea-founded building energy technology company, secured the backing from Rasmal Ventures and QDB, among other Qatari institutions, to support its global acquisition strategy and deep-technology expansion.</p><p>The deal reflects sustained investor confidence in Qatar and the broader Gulf region as a long-term hub for technology development, industrial capability, and sustainability-driven growth, even as geopolitical tensions persist across parts of the Middle East.</p><p>The backing amount was not disclosed. Rasmal Ventures, the lead investor, described the transaction as one of the largest of its kind in the Mena (Middle East and North Africa) region and a major milestone for the company’s next phase of growth.</p><p>The deal coincides with a strategic partnership between Invest Qatar and EnergyX to establish the company’s global command centre and international headquarters in Qatar, a move expected to create more than 100 high-skilled jobs across research and development (R&D), engineering, and business functions. Qatar is set to serve as the hub for EnergyX%27s deep-technology roadmap, encompassing AI-powered energy intelligence and smart manufacturing.</p><p>Proceeds will fund a growth-by-acquisition strategy spanning the GCC and Europe, accelerate project deployments, and expand EnergyX%27s engineering and manufacturing capacity. The company will also use the funds to scale its computational intelligence and geospatial AI platform, which models, optimises, and validates building energy performance from the design stage through long-term operations.</p><p>“We were deeply impressed by the quality of EnergyX’s management team, their engineering depth, and their ability to scale their offering. This is exactly the globally ambitious company we look to back — one addressing an inherently massive market with a differentiated, defensible technology platform,” said Alexander Wiedmer, director and partner at Rasmal Ventures.</p><p>Wiedmer added: “We are delighted to support EnergyX’s international growth strategy and believe Qatar provides an exceptional platform from which the company can scale regionally and globally. This milestone also underscores the vital role of Invest Qatar and QDB, whose commitment to enabling the local venture capital ecosystem has been instrumental in supporting such transformative deals.”</p><p>EnergyX operates the industry’s first integrated platform for building energy outcomes, unifying proprietary technologies across intelligence, AI, materials, building envelopes, fabrication, and lifecycle control into an integrated execution system. The result is lower operating energy use and greater on-site power generation without compromising architectural design or building performance.</p><p>“This backing allows us to advance an acquisition-led growth strategy where energy outcomes are modeled, physically realized, and sustained at industrial grade,” said Sean Park, founder and CEO of EnergyX.</p><p> </p>
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