Saudi Arabia ranked second across the emerging-market venture capital space in the first half of 2024, trailing only Singapore, according to VC data firm Magnitt.
Software startup Salla raised $130 million in the period, boosting the kingdom’s venture capital fundraising to $412 million — the highest in the Middle East and North Africa, the Dubai-based company said.
Source link : https://www.bloomberg.com/news/articles/2024-07-09/vc-funding-sags-across-mena-as-investors-go-for-smaller-deals
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Publish date : 2024-07-09 04:37:53
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