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Magnitt: VC funding in the Middle East fell 29% YoY to $1.5B in 2024, with Saudi Arabia accounting for $750M, down 44% YoY, while the UAE saw $613M, down 8% YoY (Fahad Abuljadayel/Bloomberg)

Fahad Abuljadayel / Bloomberg : Magnitt: VC funding in the Middle East fell 29% YoY to $1.5B in 2024, with Saudi Arabia accounting for $7...

7 January 2025

PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019 (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg:
PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019  —  VC investors piled into AI megarounds in the US last year.  —  Venture capitalists put $97 billion into artificial intelligence startups …

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