Rasmal Ventures announced that Hamad Al-Hajri, Founder and CEO of Snoonu, has joined as an investor in its flagship vehicle, Rasmal Innovation Fund I, which is backed by the Qatar Investment Authority, with the willingness to also be involved in the future parallel funds that Rasmal Ventures will launch. For Rasmal Ventures, the partnership deepens its alignment with the region’s technology momentum and reinforces its commitment to building durable, cross-border platforms from the Gulf. Alexander Wiedmer, Partner and Director at Rasmal Ventures, commented:“Hamad is one of the most accomplished founders to emerge from the region, having built Snoonu into a leading technology and operating platform through vision, disciplie and grit. His decision to invest in Rasmal Innovation Fund I is a strong endorsement of our strategy and of our common contribution to Qatar’s momentum in becoming leading global innovation hub. We look forward to doing great things with Hamad on board.”Commenting on the partnership, Hamad Al-Hajri, Founder and CEO of Snoonu, said:“I truly believe venture capital is the bridge between national vision and founder ambition.

Source: GNN Liberia February 09, 2026 14:23 UTC