Startup Wrap – regional startup activity flourishes
- Date: 24-May-2024
- Source: Arab News
- Sector:Technology
- Country:Saudi Arabia
Startup Wrap – regional startup activity flourishes
CAIRO: The startup ecosystem in the Middle East and North Africa region saw a flurry of activity as venture investments and acquisitions bloom.
Saudi Arabia-based Software-as-a-Service provider Merit has raised $12 million in its pre-series B funding round, led by Alistithmar Capital i-Cap and followed by existing series A investors Tech Invest Com and Hambro Perks Oryx Fund. Startup Wrap – regional startup activity flourishes