Magnitt: startup funding in the Middle East and North Africa was flat YoY at $799M in Q1 amid the Iran war; Saudi VC firms are pressing ahead with fundraising (Yassmin Jabri/Bloomberg)

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Yassmin Jabri / Bloomberg:
Magnitt: startup funding in the Middle East and North Africa was flat YoY at $799M in Q1 amid the Iran war; Saudi VC firms are pressing ahead with fundraising  —  Saudi Arabian venture capital firms are pressing ahead with fundraising and deployment as they navigate disruptions from the regional conflict.

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