MENA Venture Capital Declines
Forbes Middle East - English|Sep 2023
MENA experienced a significant setback in funding and deals during the first half of 2023, reflecting a global retreat in venture capital activity.
MENA Venture Capital Declines

According to MAGNITT's recent report MENA Venture Investment, MENA startups raised approximately $1.1 billion from 193 deals in the first half of 2023, indicating a 42% decrease in funding and a 49% decrease in the number of deals compared to the same period last year. Almost half of this capital came from three mega-deals recorded by Saudi Arabia and Egypt. The second quarter had a more pronounced impact of the slowdown as it marked the lowest funding level since Q3 2020 and the lowest number of deals since Q2 2017.

この記事は Forbes Middle East - English の Sep 2023 版に掲載されています。

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この記事は Forbes Middle East - English の Sep 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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