Doha - Sharikat Mubasher: GrowthX Capital for Investment, a Doha-based venture capital and private equity platform, signed an investment agreement to lead a $5 million pre-Series A funding round for the AI-native decision intelligence company, ALPHA10X.

As part of the partnership, ALPHA10X will relocate its headquarters from France to Doha to strengthen relationships with sovereign and institutional investors and connect with global fund managers, investment platforms, and portfolio companies, according to the official press release.

The agreement, signed at the Qatar Chamber, marks a key step in connecting Qatari capital with advanced AI and global private markets, supporting ALPHA10X’s expansion as a predictive AI company seeking to improve investment decisions in private markets.

Hamad Al-Hajri, Founder of GrowthX Capital for Investment, said: “At GrowthX Capital, our ambition is to help build the next generation of global technology companies from Qatar. Establishing ALPHA10X's presence in Qatar is an important step towards that ambition."

He emphasized GrowthX Capital’s commitment to combining advanced AI, exceptional entrepreneurial talent, and strategic investment to unlock new opportunities for businesses and transform how capital is deployed.

For his part, Robert Marcus, ALPHA10X’s CEO and Founder, commented: “ALPHA10X’s proprietary platform, the ALPHAcodex, helps private equity firms, asset managers and sovereign funds make investment decisions that are more explicit, predictive and repeatable. Better decisions compound into repeatable alpha, and through our partnership with GrowthX, we will advance our mission to transform investment decision-making from Doha.”

Moreover, the partnership reflects a shared ambition to connect investment, technology, and international expertise while supporting the development of companies capable of competing in global markets.