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Bahoshy: Mideast VC Funding Down But Attracts More International Investors

Published on 01/08/2025 at 09:04 am GMT - Modified on 01/08/2025 at 10:01 am GMT

MT Newswires

S&P GCC Composite Price (USD)

-0.95%

Venture capital funding in the Middle East slumped in 2024, even as the number of deals increased, as investors shifted toward early-stage investments. Philip Bahoshy, founder & CEO of Magnitt, the platform behind the research spoke exclusively to Bloomberg's Christine Burke on Horizons Middle East and Africa and explained the reasons behind the shift in numbers.

Bloomberg videos, provided by MT Newswires

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