MENA tech startups attract major investments from VCs and fintechs

Venture capitals focused on MENA region attract new investments, including Globivest raising undisclosed sum toward $25M-$30M target
China's MSA Novo secures $5M from Jordan's ISSF to invest in MENA startups
UAE launches $300M non-profit Falcon Foundation to advance open-source AI models
Morocco's Logidoo, a startup offering logistics solutions in Africa, raises $1.55M to expand across continent
UAE fintech startup Kema closes $2M pre-seed round to develop B2B SME finance platform and expand across UAE