About Rasmal Ventures
Rasmal Ventures is a venture capital firm founded in 2023. It is primarily based out of Doha, Qatar. As of Aug 2026, Rasmal Ventures is an active investor, having invested in 5 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in China based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and HealthTech. Most recently it participated in the $***** Series B round of Yuno A lot of funds co-invest with Rasmal Ventures, with names like Qatar Investment Authority sharing a substantial percentage of its portfolio. Rasmal Ventures has team of 10 people including 4 partners.Key Metrics
Rasmal Ventures' List of All Investments
Rasmal Ventures has a portfolio of 5 companies. Their most notable investments are in Roamless and mediQ.Their portfolio spans across United States, China, Pakistan and 2 more locations. They have invested in Enterprise Applications, FinTech, HealthTech and 1 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of all investments by Rasmal Ventures:
1. Yuno
Payment routing APIs for businesses. Offers hyper-customizable routing with no code, access comprehensive dashboards for instant insights into holistic payment health, transaction details, conversion rate, costs, payment sources, trends and revenue streams, compare the true performance of different providers, benefit from real-time analytics, live updates, custom alerts, predictive insights, and more.
Key facts about Yuno
- Founded Year: 2022
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $80M
- Employee Count: 1,533 as on Jul 31, 2026
- Investors: Qatar Investment Authority, DST Global and 25 Others
- Latest Funding Round: Series B, Aug 12, 2026, $*****
- Highlight: Editors' Pick
2. Roamless
Mobile application offering mobile connectivity solutions for travelers. It provides local SIM cards and offers prices mobile internet data for global travelers & digital nomads. Available on both Android and iOS devices.
Key facts about Roamless
- Founded Year: 2023
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $19.6M
- Employee Count: 67 as on Jul 31, 2026
- Investors: Finberg, Revo Capital and 5 Others
- Latest Funding Round: Series A, Dec 17, 2025, $*****
- Highlight: Editors' Pick
3. mediQ
Mobile-based application offering virtual healthcare services. The platform allows users to find, book healthcare services and make payments for the bookings. The services provided include doctor teleconsultation, home visit, nursing care, online pharmacy, physiotherapy, imaging and laboratory services. Patients can search for doctors by speciality, diseases, book appointments through the app and get a consultation.
Key facts about mediQ
- Founded Year: 2020
- Location: Islamabad (Pakistan)
- Stage: Series A
- Total Funding till date: $7.98M
- Employee Count: 94 as on Jul 31, 2026
- Investors: Orbit Ventures, Amaana Capital and 7 Others
- Latest Funding Round: Series A, May 05, 2025, $*****
- Highlight: Editors' Pick
4. TeamSec
Cloud-based securitization solutions for financial institutions. Provides comprehensive securitization services for financial institutions, banks, and brokerage houses, leveraging advanced analytics and artificial intelligence. Provide solutions designed to empower clients in the securitization journey.
Key facts about TeamSec
- Founded Year: 2022
- Location: Istanbul (Turkey)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $7.6M
- Employee Count: 14 as on Jul 31, 2026
- Investors: Rasmal Ventures and Deniz Ventures
- Latest Funding Round: Seed, Dec 17, 2024, $*****
5. NEXX Group
Key facts about NEXX Group
- Founded Year: 2024
- Location: Doha (Qatar)
- Stage: Seed
- Total Funding till date: $2M
- Employee Count: 11 as on Jul 31, 2026
- Investors: Rasmal Ventures
- Latest Funding Round: Seed, Sep 11, 2025, $*****
Rasmal Ventures' Year-on-Year Investment Trends
In 2025, it made 3 investments, while as of Aug 2026, it has made 1 investment in this year. Its most recent first time investment was in Yuno.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 3 | 0 | 3 |
2024 | 1 | 0 | 1 |
Rasmal Ventures' Investments by Stage
Rasmal Ventures has made 2 investments in Seed stage with an average round size of $4.8M, 2 investments in Series A stage with an average round size of $9M and 1 investment in Series B stage with an average round size of $45M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series A | 2 |
Series B | 1 |
Note: We have considered here, only first round of investments
Rasmal Ventures' Investments by Sector
Rasmal Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, HealthTech, Telecom and Vertical SaaS. Notably, it has invested in 4 Tech companies, 3 Software companies, 2 Consumer (B2C) companies and at least 2 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
FinTech | 2 |
HealthTech | 1 |
Telecom | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
Rasmal Ventures' Investments by Geography
Rasmal Ventures has made most investments in United States (2), followed by China where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 2 |
China | 1 |
Pakistan | 1 |
Qatar | 1 |
Turkey | 1 |
Note: We have considered here, only first round of investments
Rasmal Ventures' recent investments
Rasmal Ventures has made 1 investments in 2026 so far - Yuno.Here are the most recent investments by Rasmal Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 12, 2026 | United States | Series B | 7477 | ||
Dec 17, 2025 | United States | Series A | 2591 | [+3] | |
Sep 11, 2025 | Qatar | Seed | 2736 | - | |
May 05, 2025 | Pakistan | Series A | 8068 | ||
Dec 17, 2024 | Turkey | Seed | 6612 |
Team profile of Rasmal Ventures
Rasmal Ventures has a team of 10 members including 4 Partners, 3 Venture Partners and 1 Principal located in Qatar, United Kingdom and 2 more locations. Rasmal Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Rasmal Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Doha | - | ||
Partner | Doha | - | - | |
Partner | Doha | - | - | |
Partner | Doha | - | - | |
Venture Partner | United Kingdom | - | ||
Venture Partner | Toronto | - | - | |
Venture Partner | - | - | - | |
Principal | Mauritius | - | - |
Co-investors of Rasmal Ventures
Over the past 2 years, 35 investors have co-invested in Rasmal Ventures's portfolio companies. This includes funds and angels.
- Invested before Rasmal Ventures: Andreessen Horowitz, Monashees and 24 others have invested in rounds before Rasmal Ventures. There is 1 company where Andreessen Horowitz has invested before Rasmal Ventures and 1 company where Monashees has invested before Rasmal Ventures.
- Top Co-investors of Rasmal Ventures: 9 investors entered a company along with Rasmal Ventures. These include investors like Qatar Investment Authority (1 company).
Recent News related to Rasmal Ventures
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Rasmal Ventures Invests in Yuno's $45M Series B for Payments InfrastructureGlobal Fintech Series•Aug 12, 2026•Rasmal Ventures
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Roamless Raises $12M to Expand Global eSIM Connectivity PlatformStartup Rise EU•Dec 17, 2025•Roamless, Shorooq Partners, Rasmal Ventures, Finberg and 2 others
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Qatar First Independent Venture Capital Firm $30 Million Rasmal Ventures Invests $2 Million into Hong Kong Billionaire Li Ka-shing CK Asset Holdings-Backed Warehouse Tech & AI Startup Nexx Co-Founded by ex-JP Morgan Securities China CEO Houston Huang, Rasmal Ventures Secured Strategic Funding from Qatar Investment Authority (QIA) in 2025 February as Part of $1 Billion Fund of Funds Program, Flagship Rasmal Innovation Fund I Launched in June 2024 with Target $100 Million Fund SizeCaproasia•Sep 11, 2025•Rasmal Ventures, Qatar Investment Authority, J P Morgan
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MedIQ, a Pakistani Health Tech Startup, Raises $6M in Series A FundingIncubees•May 13, 2025•mediQ, Joa Capital, Rasmal Ventures
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Teamsec received an investment of $ 7.6 millionFintechtime•Jan 30, 2025•Deniz Ventures, Rasmal Ventures, TeamSec, Emirates NBD
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