Bloomberg:

Magnitt: startups in Saudi Arabia raised $1.4B in 2023, up 33% YoY, for a 52% share of VC funding in the MENA region, beating the UAE for the first time  —  - Saudi Arabia dominates tech scene with 52% share of funding  — Overall regional funding drops 23% amid shifting landscape

Bloomberg:

Magnitt: startups in Saudi Arabia raised $1.4B in 2023, up 33% YoY, for a 52% share of VC funding in the MENA region, beating the UAE for the first time  —  - Saudi Arabia dominates tech scene with 52% share of funding  — Overall regional funding drops 23% amid shifting landscape

Source: TechMeme
Source Link: http://www.techmeme.com/240110/p10#a240110p10