✉news BusinessStartups first seen 17 h ago, last 6 h ago, peak #11
MENA startup funding rebounds to $1.1bn in September
Original: Startup Wrap: MENA funding hits $1.1bn as Saudi deals drive September rebound
Startup funding across the Middle East and North Africa reached $1.1bn in September, according to Arab News's Startup Wrap. The rebound was driven largely by deals in Saudi Arabia, which accounted for the bulk of investment activity during the month. The figures point to renewed investor confidence in the region's technology and startup ecosystem after a slower period, with Saudi Arabia cementing its role as the leading market for venture funding in MENA.
Why now: Investors and founders are tracking the monthly funding figures as a signal of a recovery in regional venture capital activity.
Rank over time, top of the chart is #1. 9 snapshots from 17 h ago to 6 h ago.
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