Qewam Holding has taken a major step in its growth journey with the acquisition of Iwan Ventures. The company has now rebranded the SAR 50 million venture capital fund as Q Fund. This move strengthens Qewam’s strategy to support ambitious founders and build high-impact ventures across the region. It also expands Qewam’s influence in a market that continues to evolve at a rapid pace.
A Strategic Move for Regional Growth
The acquisition signals Qewam’s push to fuel transformative startups. Q Fund will now act as the group’s independent investment arm. It will also operate with full access to Qewam’s resources. This structure gives founders the support they need while keeping the fund’s entrepreneurial agility intact.
Q Fund will draw strength from Qewam’s ecosystem, which includes:
• AI powered infrastructure
• Deep venture building experience
• A network of strategic partners
• Operational support for early and growth stage startups
This setup helps founders move faster, build smarter, and scale with confidence.
Leadership Focused on Venture Success
Qewam appointed Lewa Abukhait as CEO of Q Fund. He brings strong experience in venture capital and ecosystem building. His leadership aims to shape Q Fund into a key regional investment player.
Abukhait stressed the importance of combining capital with real world support. He highlighted how founders now gain insights, tools, and networks that drive sustainable growth. His vision centers on helping entrepreneurs create long lasting ventures that solve real problems.
A Founder First Philosophy
Qewam continues to follow a founder first approach. Sami AlKhlout, Chief Operating Officer at Qewam Holding, explained that the group invests in people as much as it invests in ideas. He emphasized Q Fund’s role in offering hands on support from the earliest stages.
This approach gives entrepreneurs
• Strong backing from day zero
• Access to technical and operational guidance
• Opportunities to collaborate with experienced teams
• A clear pathway from idea to scale
Q Fund now stands as a reflection of this philosophy. It offers founders more than capital. It offers partnership.
Advancing Vision 2030 and Regional Innovation
Wael Altorabi, CEO of Qewam Holding, noted that Q Fund blends local expertise with advanced AI capabilities. This combination directly supports Saudi Arabia’s Vision 2030 goals. It also strengthens the region’s startup landscape.
Q Fund plans to back visionary founders. It aims to support companies that drive economic growth, encourage innovation, and build future ready solutions. With this launch, Qewam reinforces its commitment to shaping a strong and diverse entrepreneurial ecosystem.
As Q Fund begins its new chapter, Qewam positions itself as a key driver of innovation in the region. The company continues to create a unified environment where startups can grow through capital, technology, and long term strategic support.