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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 ....
Energy Vault gibt eine Finanzierungsrunde der Serie C über 100 Millionen USD bekannt finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
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Aramco's Entrepreneurship Arm Inks Deal to Boost Venture Capital Investment albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
JEDDAH: Saudi Aramco’s entrepreneurship arm Wa’ed signed a collaboration agreement with the Falak Investment Hub to help drive venture capital investment in the Kingdom. The agreement was signed at Wa’ed’s headquarters in Dhahran by Falak’s founder and CEO Adwa Aldakheel and the managing director of Wa’ed, Wassim Basrawi. Falak is a hybrid firm between a startup accelerator, co-working space, angel network, and an investment firm targeting regional tech startups focusing on Saudi Arabia. Founded in 2018 by female entrepreneur Adwa Aldakheel, Falak’s portfolio of startups has generated combined revenue of more than SR550 million ($146.67 million). ....