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DUBAI, 16th October, 2023 (WAM) — MENA venture capital funding in the third quarter saw $250 million raised across 78 deals, a 32% increase compared to Q2 of 2023, according to the Q3 2023 MENA Venture Investment Premium Report by startup data platform MAGNiTT.
This contributed to $1.4 billion raised through 286 transactions in the first nine months of 2023. Saudi Arabia and UAE led the region in capital raised, with the Kingdom…