Rasmal Ventures portfolio companies expand in Doha and across the Gulf

Rasmal Ventures says two portfolio companies have hit major milestones in Qatar: NEXX Global’s smart fulfillment center is under construction in Doha, and EnergyX is setting up a global command center in Qatar. The moves signal growing investment and operating activity tied to the GCC logistics and building-energy markets.

Why it matters: - Rasmal Ventures is linking portfolio investment to physical expansion in Qatar. - NEXX Global is positioning for the GCC logistics market, which is projected to reach $171 billion by 2033. - EnergyX is expanding its Gulf presence as building energy systems become a larger commercial priority across the region.

What happened: - Rasmal Ventures reported milestones for NEXX Global and EnergyX on July 26, 2026, in Doha, Qatar. - NEXX Global’s Smart Fulfillment Center is under construction at Milaha Logistics City in Doha. - EnergyX is establishing its global command center in Qatar after a Rasmal-led investment round. - Rasmal described that round as one of the largest of its kind in MENA.

The details: - NEXX Global’s facility covers 5,000 square metres inside Milaha Logistics City. - The center is moving through its pilot phase toward full operations. - The site uses 50 sorting robots that process 2,400 items per hour. - The facility also uses Autonomous Mobile Robots and NEXXBot, the company’s agentic AI system. - Rasmal introduced NEXX to Milaha before committing capital, and the commercial relationship came first. - Oscar Hui, CEO of NEXX Global, said Rasmal brought connections that strengthened the company’s Gulf trajectory. - EnergyX serves 20,000+ buildings globally and holds 300+ intellectual property assets. - EnergyX’s DY-Building achieved annual 129.6% energy self-sufficiency, certified by the Korea Energy Agency. - The EnergyX round was co-invested with Qatar Development Bank and supported by Invest Qatar. - EnergyX is establishing its global command center in Qatar and the GCC. - Sean Park, CEO of EnergyX, said the Qatar base reflects where the next phase of building energy transformation will be led.

Between the lines: - Rasmal is presenting itself as more than a capital provider, with relationship-building and market access framed as part of the investment thesis. - The NEXX deal shows a commercial partnership can be used to validate a market before capital is deployed. - EnergyX’s Qatar command center suggests the Gulf is becoming an operating hub, not just a sales market, for climate and efficiency technology.

What's next: - NEXX Global is expected to move its Doha fulfillment center from pilot phase into full operations. - EnergyX is expected to deepen its presence in Qatar and the wider GCC as it builds out its command center. - Rasmal Ventures is likely to continue positioning its portfolio around regional infrastructure, logistics and energy-transition growth.

The bottom line: - Rasmal Ventures is using its portfolio to push deeper into Qatar’s logistics and energy-tech ecosystem, with Doha now serving as a launch point for two regional expansion plays.