Iraq's Netaj Launches Venture Capital Studio

Iraq-based innovation platform Netaj has launched Nawat, a venture capital studio providing a structured six-month program for 40 early-stage startups. Nawat includes three tracks — ideation, minimum viable product, and early-stage — accompanied by bootcamps, mentorship, and access to capital.

The studio offers hybrid investments combining in-kind support of US$10,000–US$25,000 and direct capital of US$25,000–US$250,000 via convertible notes or equity. Nawat expects to back five to 10 high-potential companies with the aim of building scalable, investor-ready businesses capable of regional growth.