Saudi firms dominate venture investment activity
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Saudi firms dominate venture investment activity
CAIRO: Saudi firms have taken the venture ecosystem by storm with startup activity dominating activity in recent weeks. Saudi Aramco’s $500 million venture capital subsidiary Wa’ed Venture made global headlines as it co-led a $52 million series B funding round in US-based construction technology startup Mighty Buildings. Founded in 2017, Mighty Buildings is recognized for its work in 3D printing technology to create prefabricated homes that …
·Riyadh, Saudi Arabia
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