Saudi Startups Lead MENA Venture Funding with $224M in Q1, …

Jan 20, 2025  · In the first quarter of the year, Saudi Arabian startups received nearly half of the total venture funding in the Middle East and North Africa (MENA) region, with $224 million …


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Saudi Startups Lead MENA Venture Funding With $224M In Q1, …

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Jan 20, 2025  · In the first quarter of the year, Saudi Arabian startups received nearly half of the total venture funding in the Middle East and North Africa (MENA) region, with $224 million …

saudipress.com

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Saudi Attracts Nearly Half Of MENA’s Q1 Investment Funding

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Apr 5, 2024  · Saudi startups lead MENA funding, securing $224 million of $429 million in Q1. March saw a surge in activity, with $254 million raised across 54 deals. Preference for B2B …

rasmal.com

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Saudi Arabia Leads MENA Startup Funding With $224M In Q1

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In the first quarter of 2023, Saudi Arabian startups received nearly half of the total venture funding in the Middle East and North Africa (MENA) region, amounting to $224 million out of $429 …

saudipress.com

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Saudi Arabia Claims Top Spot In MENA Venture Capital

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May 28, 2024  · This achievement comes despite a significant decline in overall funding compared to the previous year. The report revealed that Saudi startups secured $240 million in VC …

1arabia.com

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Saudi Arabia Secures Over Half Of MENA Startup Funding In …

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Oct 6, 2024  · Saudi Arabia led the regional funding efforts, securing $165.34 million across 13 startups — accounting for more than half of the total capital raised in MENA.

arabnews.com

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Saudi Arabia Captures Nearly Half Of MENA’s Q1 Funding

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Apr 6, 2024  · Furthermor­e, Saudi venture capital firms Merak Capital and Impact46 announced $80 million and $40 million funds, respective­ly. Plug and Play Tech Center is also entering the …

pressreader.com

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Saudi Arabia Takes Top Spot In MENA VC Funding

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Jan 9, 2024  · In 2023, Saudi Arabia garnered the largest portion of total VC funding in the MENA region, claiming 52% of the overall capital deployed, a substantial increase from the 31% …

financemiddleeast.com

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Saudi Arabia Pumps Funding Into Startups As It Vies For Mena No 1

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Oct 22, 2024  · Co-working spaces, such as this one in Riyadh, complement state-led VC funding initiatives for Saudi startups $1.3bn in Mena VC this year; Riyadh made up 39% of total; UAE …

agbi.com

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MENA Startup Funding Hits $254 Million In March, Propelling Q1

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Apr 1, 2024  · March witnessed a surge in startup funding across the MENA region, with significant investments in Saudi Arabia's tech sector. LEAP24 in Riyadh played a crucial role. Notable …

rasmal.com

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Saudi Startups Lead MENA Venture... - Saudi Business News

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Saudi Startups Lead MENA Venture Funding Surge Saudi Arabia's entrepreneurial ecosystem commands the MENA region's venture funding, with startups raising $224M in Q1. This …

facebook.com

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Saudi Startup Funding Tumbles As Era Of Cheap Money Ends

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Jan 8, 2025  · Saudi Arabia still No 1 in Mena; UAE’s number of deals was 188; Funding for startups in Saudi Arabia dropped 44 percent to $750 million last year, the sharpest decline in …

agbi.com

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Saudi Startups Take Lead In MENA Funding Space - Arab News

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Jun 1, 2024  · The venture data platform revealed that Saudi startups raised a total of $400 million in venture debt last year, a 602 percent growth compared to $57 million in 2022.

arabnews.com

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Saudi Arabia Retains First Rank In MENA Venture Capital Funding In …

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Jan 8, 2025  · Riyadh, Saudi Arabia — Saudi Arabia maintained its first rank across MENA in terms of Venture Capital (VC) funding in 2024, witnessing a total VC deployment of $750 …

trendsmena.com

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The Middle East's Top Venture Capitalists 2024 - Forbes Lists

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MENA’s startup ecosystem raised $1.3 billion through 352 deals in the first nine months of 2024, a slight dip from the same period last year. However, investor confidence surged, with a 34% …

forbesmiddleeast.com

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MENA Startups Raise $2.3 Billion In 2024, UAE Leads With $1.1 Billion

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3 days ago  · According to the latest report from Wamda, the UAE led the MENA region’s startup ecosystem with $1.1 billion raised across 207 startups. In second place came Saudi Arabia, …

economymiddleeast.com

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Startup Of The Week – Egypt’s Qara Targets Saudi Arabia ... - Arab …

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2 days ago  · Startup Wrap — MENA startups raise $2.3bn in 2024 as deal volume grows ... RIYADH: Startup funding deals across the Middle East and North Africa saw an annual …

arabnews.com

FAQs about Saudi Startups Lead MENA Venture Funding with $224M in Q1, … Coupon?

How much money did Saudi Arabia raise in MENA?

Saudi Arabia led the regional funding efforts, securing $165.34 million across 13 startups — accounting for more than half of the total capital raised in MENA. ...

How does Saudi government support MENA Startups?

The Saudi government’s proactive stance has attracted private investment, with venture capital firms, accelerators, and incubators keen to nurture local talent. MENA startups raised $328.3 million across 60 companies in September. Saudi cities like Riyadh and Jeddah are emerging as key startup hubs supported by government initiatives. ...

Where are MENA Startups launching?

MENA startups raised $328.3 million across 60 companies in September. Saudi cities like Riyadh and Jeddah are emerging as key startup hubs supported by government initiatives. The UAE has emerged as another significant player in the MENA startup ecosystem, raising $114.32 million across 28 companies. ...

How much did MENA Startups raise in September?

According to a recent report by Rasmal, MENA startups raised a total of $328.3 million across 60 companies in September, reflecting increasing investor confidence in the region’s entrepreneurial talent. This surge ...

Where are Mena startup hubs based?

Saudi cities like Riyadh and Jeddah are emerging as key startup hubs supported by government initiatives. The UAE has emerged as another significant player in the MENA startup ecosystem, raising $114.32 million across 28 companies. Egypt attracted $25.09 million, primarily focused on technology and innovation sectors. ...

Who is the Middle East Project Management Office of the year 2024?

RIYADH: Saudi Arabia’s Public Investment Fund has been awarded the 2024 Middle East Project Management Office of the Year, recognizing its role in advancing the Kingdom’s Vision 2030 transformation plan. In addition to the regional honor, PIF ranked second globally and received three Excellence Distinctions at the PMO Global Awards. ...

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