Seeking Untapped Market, Nearly 100 Investment Funds Emerge In Middle East Tech Scene

In the past five years, the tech ecosystem in the Middle East has swelled to more than 100 funds investing in the region and more than 75 accelerators. There have been nearly 30 sizeable exits in the past 10 years, based on stats provided by Dubai-based Wamda Capital and a new initiative, Menascapes.