Tech firm targets 20x returns on early-stage investments in region’s fintech and SaaS startups
venture funding
Latest in venture funding
startup funding
Venture builder Disrupt.com to invest $100m to fuel AI-first startups from the UAE
The company said it primarily targets pre-seed to Series A stage startups that demonstrate strong organic growth potential and clear paths to profitability
Magnitt
Revealed: MENA predicted to see spike in VC financing in Q4, 2023
Works on some mega venture capital investment deals are said to be currently underway in the region
fintech
Middle East startup sector crashes over 40% amid global headwinds, report reveals
The drought in fresh capital deals impacts the top five startup sectors the most
startup ecosystem
MENA startup ventures experience troubled quarter with 26% funding plunge in Q2
Despite the tightening funding environment, startups in the digital health sector in the region emerged as the star performers in the latest quarter
Rupert Tait
Nothing ventured, nothing gained
Every founder dreams of their idea becoming the next Tesla, Amazon or Apple, writes Procurified’s Rupert Tait. But with more startups failing than succeeding, are founders that don’t understand how to scale at fault, or are unrealistic investor expectations driving businesses to the brink