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June 17, 2026

AI Finance Startup GRO Makes Doha Its Home, Backed by GrowthX Capital’s New QAR 500M Fund

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GRO, an AI-powered personal finance platform founded by Mariia Shevchenko
with a team of Ukrainian and German co-founders, has chosen Doha as its
headquarters. The company’s pre-seed investment was unveiled alongside the
launch of GrowthX Capital, a new QAR 500 million venture fund
established by Snoonu Founder & CEO Hamad Al-Hajri to support high-growth
startups over the next five years.

The dual announcement was hosted at the Qatar
Chamber represented by Board Member Mr. Mohammed bin Ahmed Al-Obaidly, in the
presence of Qatar Financial Centre (QFC) CEO Mansoor Rashid Al-Khater;
Ukraine’s Ambassador to the State of Qatar, H.E. Andrii Kuzmenko; and Dr. Olga
Revina, Founder and Chairperson of the Qatar–Ukraine Business Forum (QUBF).

GRO’s journey in
Doha began with the Qatar FinTech Hub (QFTH) incubator program, developed by
Qatar Development Bank (QDB), where the startup graduated from the Wave 7
cohort and won the “Best Pitch” award on stage last December. This
strong local foundation paved the way for early discussions with Qatari
investors, culminating in this milestone partnership with the newly launched
GrowthX Capital and anchoring GRO’s strategic move to the region.

Making
Financial Literacy a Right, Not a Privilege

At its core,
GRO is an AI-driven personal finance assistant that helps users understand
their spending, make confident decisions, and build sustainable money habits.

“Financial literacy
has always been a privilege – something you inherited or paid for,”
said
Miss Shevchenko, founder and CEO of GRO Solutions. “The way we earn, spend,
and save is changing faster than ever, and the next generation deserves the
skills and tools to keep up. We built GRO to be an AI that teaches you and
works for you, so that managing money well becomes a given, not a privilege.”

Accelerating
Qatar–Ukraine Innovation Ties

GRO’s relocation comes amid rapidly accelerating ties between Doha and
Kyiv. Following President Volodymyr Zelenskyy’s working visit to Doha in March
2026, bilateral cooperation across technology, investment, and innovation has
transitioned robustly into the private sector. Guided by the QUBF and its Tech
& Innovation Committee, an increasing number of Ukrainian founders are
choosing Qatar as a launchpad to serve the MENA region while actively
contributing to the Qatar National Vision 2030.

As founder and
chairperson of the Qatar–Ukraine Business Forum, I am honored to celebrate
GrowthX Capital’s investment in GRO
,” commented Dr. Olga Revina.
Ukraine is a nation of intense innovation with a dynamic startup
ecosystem, while Qatar continues to strengthen its position as a global tech
hub. This shared commitment to progress creates a powerful foundation for
collaboration that will deliver meaningful impact on a global scale.

H.E. Andrii Kuzmenko, Ukraine’s Ambassador to Qatar, welcomed the
investment as a shining milestone of international cooperation, demonstrating
how shared innovation can bridge economies and foster deep cross-border
partnerships.

Backing
GRO’s Next Chapter

GRO Solutions has the team and the product to become a regional
success story, with real potential to grow into a unicorn. GrowthX Capital
exists to help visionary founders like this scale directly from Doha
,” said
Hamad Al-Hajri, Founder and CEO of GrowthX Capital.

GRO has officially opened early access, allowing users across the region
to register for the upcoming beta phase at joingro.com.
The company is actively expanding its corporate team in Doha and is open to
strategic partnerships across the financial, educational, and technology
sectors.

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