MENA startups raise $116m in June, pushing first half of 2024 to $882m: Wamda 

RIYADH: Investment activity in the Middle East and North Africa region’s startup space slowed in June with 38 tech startups raising $116 million, bringing the half-year total to $882 million, according to the latest data. 

The amount raised in June saw a 59 percent month-on-month decline from the $282 raised in May but marked a 182 percent increase compared to the same period last year, according to venture news platform Wamda.