2024-07-30
Bloomberg
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Riyadh- and London-based AI startup Intelmatix raised a $20M Series A led by Shorooq Partners, the largest Series A investment for an AI firm in the MENA region
Nicolas Parasie / Bloomberg :
2024-01-10
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
2022-02-09
TechCrunch
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Egypt-based Thndr, an investing app for stocks and mutual funds in the Middle East and North Africa, raises a $20M Series A led by Tiger Global and others
The MENA region has about 400 million people with $500 billion in annual savings. But as a relatively young population …
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