Bahrain-based private markets investment platform
Tanami has closed a new funding round of undisclosed value, with participation from
tali ventures, the venture capital arm of
stc group’s subsidiaries,
Qatar Development Bank (QDB), and British fund
1818 Ventures, alongside other strategic regional investors.
The company plans to direct the capital toward expansion into additional regional markets, including Qatar, growing its investor base, and continuing to develop its digital investment management platform. The announcement did not specify the round’s value, terms, or timeline for Tanami’s operations to begin in the Qatari market.
A Digital Platform for Private Markets
Tanami was founded in 2023 by Nawaf Almaskati and Faisal Aljalahma, and provides eligible investors with access to opportunities in private equity, private credit, real estate, and infrastructure. The platform includes opportunities managed by global asset management firms and enables users to discover investments, deploy capital, and monitor their investments digitally.
The company launched its operations in Bahrain under the supervision of the Central Bank of Bahrain, then expanded into Saudi Arabia after obtaining approval from the Capital Market Authority. Dr. Nawaf Almaskati is the co-founder and CEO of Tanami Saudi Arabia, while Faisal Aljalahma is the co-founder and CEO of Tanami Bahrain.
Why Does This Expansion Matter?
The round comes at a time when digital investment platforms are seeking to expand access to asset classes that have typically been associated with more traditional channels and complex eligibility requirements and operational procedures. For Tanami, the announced expansion is not limited to adding a new geographical market; it is also linked to expanding its investor base and providing a digital experience for managing multiple private market opportunities.
QDB’s participation gives the announcement a direct connection to the target market, while tali ventures’ participation reflects interest from a regional institutional investor in a model that combines digital wealth management with access to private markets. However, the announcement does not specify the number of users, assets under management, or the nature of the products available in each market, so the round’s commercial impact cannot be measured precisely at this stage.
Limitations and Open Questions
Tanami’s services are limited to eligible investors, meaning that the expansion does not represent general access to private asset investments for all users. Entry into Qatar will also remain subject to local regulatory requirements and the details of the products the company will offer there, which were not provided in the announcement.
Based on the available information, the confirmed development is the closing of a funding round of undisclosed value and its announced use to expand operations and develop the platform. The size of the round, the company’s valuation, the launch date in Qatar, and the number of investment opportunities that will be available remain undisclosed.