RIYADH: Saudi Arabia attracted $68 million in venture capital investment for climate technology startups from 2018 through the first half of 2023, a report has discovered.
The funds were spread across 21 deals, according to research by venture data firm MAGNiTT.
Titled “State of Climate Tech VC,” the report disclosed the combined venture capital funding for the Middle East and North Africa region and Turkiye amounted to $651 million over five years, distributed across 225 deals.
The research emphasized the region’s…
