<ul><li>Saudi Arabia’s startup ecosystem in KSA saw significant growth outpacing the MENA region between 2020 and 2024, capturing 32% of total MENA startup funding.</li><li>In 2024, Saudi startups achieved record-breaking deal activity with 178 deals closed, reflecting an 18% CAGR in deal activity compared to the rest of MENA.</li><li>KSA's late-stage investments were 3.6 times larger than the rest of MENA, with $1.26 billion deployed, accounting for half of all late-stage capital in the region.</li><li>The National Technology Development Program (NTDP) in Saudi Arabia has played a significant role in supporting startups, unlocking debt financing and venture capital, adding $3B to GDP, and creating over 17,000 jobs.</li></ul>

Saudi Arabia Leads MENA’s Startup Revolution: Five Years of Unprecedented Growth and Regional…

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