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Episode 28-MENA VC Insights: Saudi surge and regional trends episode artwork

EPISODE · Jul 21, 2024 · 38 MIN

Episode 28-MENA VC Insights: Saudi surge and regional trends

from Majlis & Markets · host Hassan Jivraj

The Middle East, Pakistan and Turkey secured $665 million in funding in the first half of 2024, equating to an 18% drop from last year, according to Magnitt, a Dubai-based VC data platform. Meanwhile, Saudi Arabia led the MENA region with $412 million in VC funding, despite a slight 7% decline. Investor numbers in the MENA increased by 33%, showing resilience in early-stage funding. In our 28th episode, we spoke with Ivo Detelinov, General Partner at Oryx Fund,  an early stage VC fund focused on the MENA region and managed by London-based VC firm Salica Investments.In this episode, we spoke over several topics including:The current VC landscape in Saudi Arabia and the regionType of financing to start-upsVC outlook for 2H24 and 2025Email us: [email protected] theme song-Arab and Muslim by StockMusic via Pixabay

What this episode covers

The Middle East, Pakistan and Turkey secured $665 million in funding in the first half of 2024, equating to an 18% drop from last year, according to Magnitt, a Dubai-based VC data platform. Meanwhile, Saudi Arabia led the MENA region with $412 million in VC funding, despite a slight 7% decline. Investor numbers in the MENA increased by 33%, showing resilience in early-stage funding. In our 28th episode, we spoke with Ivo Detelinov, General Partner at Oryx Fund, an early stag...

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Episode 28-MENA VC Insights: Saudi surge and regional trends

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How long is this episode of Majlis & Markets?

This episode is 38 minutes long.

When was this Majlis & Markets episode published?

This episode was published on July 21, 2024.

What is this episode about?

The Middle East, Pakistan and Turkey secured $665 million in funding in the first half of 2024, equating to an 18% drop from last year, according to Magnitt, a Dubai-based VC data platform. Meanwhile, Saudi Arabia led the MENA region with $412...

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