Browsing: startup ecosystem

Saudi Arabia and the UAE led MENA startup funding in September. The US data platform reported that the MENA startup sector raised $328.3M.

Global emerging markets-focused venture capital (VC) firm MSA Novo has signed an agreement with King Abdullah University of Science and Technology (KAUST) to promote innovation and entrepreneurship in Saudi Arabia.

Aramco has dedicated an additional $4B to its global venture capital arm, Aramco Ventures, more than doubling its total investment allocation from $3B to $7B.