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Saudi Arabia secures $1.4bn in 2023, leads MENA VC fundraising

Investment in Saudi startups surged by 33 per cent year-on-year (YoY) to $1.4bn in 2023, according to Dubai-based data platform MAGNiTT, constituting just over half of all venture capital funding raised in the Middle East and North Africa. The growth in Saudi Arabia’s venture capital market is being driven by…

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