Invest Qatar, Aurion Capital, and LG Nova have entered into a memorandum of understanding (MoU) to explore technology investments and venture-building opportunities in Qatar and across the Middle East. The collaboration is intended to connect international technology companies with regional investors, industry partners, and commercial opportunities while supporting the development of Qatar’s innovation ecosystem.
The agreement was announced during a special edition of the Qatar Economic Forum held in New York alongside the 2026 United Nations General Assembly.
The partnership brings together Invest Qatar, the country’s investment promotion agency; Aurion Capital, an American investment group; and LG Nova, LG Electronics’ Silicon Valley-based North America Innovation Center.
The three organisations intend to explore opportunities across high-growth technology sectors, including artificial intelligence, digital health, financial technology, digital infrastructure, sports, media, and entertainment.
A central element of the proposed collaboration is developing a dedicated innovation hub at Qatar Science & Technology Park (QSTP).
The anticipated hub would provide a regional platform for LG Nova-affiliated companies and technologies, helping startups establish operations, form commercial partnerships, and expand into markets across the Gulf Cooperation Council and the Middle East and North Africa.
Through the initiative, the organisations plan to connect technology companies with investment resources and commercial infrastructure to support international expansion.
The MoU establishes a framework for potential collaboration, not a binding investment commitment. The organisations have not disclosed a specific financial commitment, investment fund size, or timetable for launching the proposed hub.
Under the agreement, Invest Qatar will work with Aurion Capital and LG NOVA to design innovation programmes in collaboration with national stakeholders.
The agency will also provide investment facilitation and advisory support to companies affiliated with Aurion Capital and LG NOVA that are considering establishing or expanding operations in Qatar.
