An article by Olena Petrosyuk, the co-founders of Waveup, an advisory firm for startups
For a long time, MENA startups were underdogs in the global venture capital arena. Just five years ago, our network funds from Europe and the US showed no interest in financing the MENA region.
Now, the tables have turned: Western investors are increasingly drawn to the local startup scene. The global tech community is shifting its focus to the Middle East, exemplified by the Websummit—one of the world’s largest technology conferences—being held in Doha, Qatar.
This growing interest is evident across sectors but particularly pronounced in…
