MENA AI startups garner record funding in H1
Artificial intelligence startups in the Middle East and North Africa (MENA) garnered record venture capital (VC) funding in the first six months of the year, illustrating how the technology has emerged as a prominent investment theme across the region.
Regional AI startups netted $302 million in H1, making up 17% of the region's total VC funding of $1.78 billion, according to data analytics platform Magnitt.
It also recorded promising growth in deal count, garnering 26% of the region's VC deal flow, up from 23% in 2024.
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