Startup wrap — Funding momentum steady amid MENA regional tensions
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Funding momentum for startups in the MENA region appears to be steady despite regional tensions. Investment in the region has reportedly risen, with one recent month seeing a significant increase to $148.2m. Overall startup funding in the region has reached $15.4bn over the past five years, with corporate investors backing a portion of the deals.