Saudi Arabia sees a 770% growth in venture capital investments : vimarsana.com

RIYADH: Investments in Saudi Arabian startups grew by 770 percent in 2021, reaching a record-high of SR2 billion ($548 million), a new report showed. This was up from SR236 million in 2018, according to a Saudi Venture Capital Impact Report. It also revealed the number of investors in Saudi startups rose by 192 percent, reaching 76 in 2021, up from 26 three years earlier. SVC

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