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June 20, 2026
Qatar establishments again international clean-building push in one in all Mena’s largest deep-tech offers
Technology
June 20, 2026
Ruanyun Edai Know-how Establishes Saudi Regional Headquarters, Accelerating International Enlargement, AI Training Deployment and Transition
National
June 20, 2026
Iran-Linked MuddyWater Targets 100+ Organizations in International Espionage Marketing campaign
National
June 19, 2026
MENA strengthens its function in international pupil mobility
Technology
June 19, 2026
MENA indicators level to a worldwide innovation powerhouse agrifoodtech is ready for
National
June 19, 2026
World Invacom Expands Satellite tv for pc Options with MENA Distribution Community
Press Release
June 19, 2026
SAP’s AI-powered copilot, Joule, deployed at Pink Sea World
Finance
June 19, 2026
IBRX World Rollout: EU, MENA, and Asia Form 2026-27 Catalysts
National
June 18, 2026
MENA Fintech Affiliation and FINTECH.TV Forge Strategic International Media Alliance to Amplify Fintech Management, Form Business Dialogue, and Join Innovation Throughout International Markets
Finance
June 18, 2026
Abu Dhabi Securities Alternate and FINTECH.TV Launch MENA Area’s First International Monetary Information Studio Inside a Inventory Alternate
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, 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>%20%20%20%20<p>Related%20Story</p>
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