Saudi Arabia’s venture ecosystem boosts MENA funding
- Date: 07-Jan-2024
- Source: Arab News
- Sector:Financial Services
- Country:Saudi Arabia
Saudi Arabia’s venture ecosystem boosts MENA funding
CAIRO: Saudi Arabia has solidified its position as a top destination for venture capital funding in the Middle East and North Africa thanks to a record-breaking end to 2023.
In December, the region witnessed an unprecedented influx of startup funding, amounting to $1.15 billion, according to Wamda’s monthly report in collaboration with Digital Digest. Saudi Arabia’s venture ecosystem boosts MENA funding