MENA start-ups raised $134 million across 56 deals in October 2024 marking a 52% decrease month-on-month and a 13% drop from last year.
Sponsor
Geek Alliance LLCThat’s according to a new report from Wamda and Digital Digest, which shows that debt financing contributed $28.4m. … [MORE]
Sponsor
Green Man Gaming Our hottest PC & XBOX game deals all in one place.Go on.... treat yourself to a new game.
1 Comment
Wow, that’s a pretty steep drop in funding for MENA start-ups! $134 million across 56 deals is still decent, but a 52% decrease is definitely concerning. It seems like the investment landscape is getting a bit rocky. I wonder if this trend will continue or if we’ll see a bounce back soon. It’s tough out there, especially with debt financing making up a chunk of that total. Hopefully, more innovative projects will still find the support they need. Game on, MENA!