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Start-ups ecosystem adapts to pandemic

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Some private equity players look forward venture capital space to participate in the tech play in the region.

Since the pandemic, the funding ecosystem faced a severe slowdown, as investors are choosing more carefully where to place their funding’s.

According to Arabian Business, also private equity firms are willing to invest into the venture capital (VC) space to join the fast-emerging technology sector.

Despite COVID-19, some sectors such as health-tech, food-tech, e-commerce and ed-tech are still attractive with investors.

According to a recent report, during the first half of 2020, Middle East startups raised $959 million investments.

Elaborated by IICUAE, to see full article click the link below.

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