Close Menu
Tech Prenour
    What's Hot

    Pakistan’s women lead South Asia in mobile internet usage growth

    May 15, 2025

    China’s e-commerce giants enter new race for ultra-fast delivery

    May 14, 2025

    The government of Pakistan has partially restored access to the social media platform X

    May 7, 2025
    Facebook X (Twitter) Instagram Pinterest YouTube LinkedIn WhatsApp TikTok
    Tech PrenourTech Prenour
    Facebook X (Twitter) Instagram
    SUBSCRIBE
    • Home
    • News
    • Entrepreneurship
    • Blogs
    • Motivational Quote
    • Motivational Blogs
    Tech Prenour
    World News

    Saudi Arabia continues to assert its dominance in the MENA region’s venture capital landscape

    January 22, 2025No Comments2 Mins Read

    Saudi Arabia continues to assert its dominance in the MENA region’s venture capital landscape, starting 2025 with remarkable funding rounds and innovative initiatives. Zension Technologies secured $30 million in a Series A round, supported by prominent investors such as Wa’ed Ventures and Sumitomo Corporation, to expand its services in mobile device protection. Similarly, Saudi Venture Capital’s $150 million investment in Global Ventures III highlights the Kingdom’s focus on nurturing emerging technologies, from AI to supply chain innovation, across Saudi Arabia and beyond.

    Innovative startups across diverse sectors are also benefiting from this dynamic ecosystem. Companies like Revie, a Saudi-based interior design platform, and Vreal, a provider of AR/VR solutions, raised significant pre-seed funding to drive technological advancements. Meanwhile, Egypt’s agritech startup ReNile and UAE’s MilkStraw AI are making strides in their respective fields, showcasing the regional synergy in fostering innovation.

    Saudi Arabia’s Vision 2030 continues to fuel the growth of MSME lending and venture capital investments, solidifying its position as the MENA region’s top VC destination for the second consecutive year. With $750 million raised in 2024 alone, the Kingdom’s entrepreneurial ecosystem is thriving, despite global challenges. This resilience, coupled with strategic investments, reflects Saudi Arabia’s commitment to economic diversification and technological leadership.

    Previous ArticleIn 2024, Apple faced a significant decline in its dominance within China’s smartphone market, as local manufacturers Vivo and Huawei overtook the tech giant.
    Next Article Donald Trump’s inauguration was attended by a range of high-profile figures
    admin
    • Website

    Related Posts

    World News

    Pakistan’s women lead South Asia in mobile internet usage growth

    May 15, 2025
    World News

    China’s e-commerce giants enter new race for ultra-fast delivery

    May 14, 2025
    World News

    The government of Pakistan has partially restored access to the social media platform X

    May 7, 2025
    Add A Comment

    Comments are closed.

    Top Posts

    Pakistan’s women lead South Asia in mobile internet usage growth

    May 15, 2025

    Sahil Sachdeva is a serial entrepreneur and PR expert who has received multiple international awards.

    March 15, 2020

    You don’t need a degree to have value.

    September 9, 2020
    Latest Reviews

    Type above and press Enter to search. Press Esc to cancel.