MAGNiTT Predictions for Q2:
• Generally see an up tick in investments leading up to and during Ramadan before the summer lull
• Expect Q2 to have an increase in activity in number of deals and amount invested across the MENA Region
MassChallenge is the most startup-friendly accelerator on the planet. No-equity and not-for-profit, MassChallenge accelerates entrepreneurs across all industries and awards over $2 million in equity-free cash each year.
The journey started 10 months ago, when Startupbootcamp Smart City Dubai Kicked off with a bang. After visiting more than 30 cities, receiving 1000+ applications and conducting more than 350 startup meetings, the first cohort was finally selected.
MAGNiTT, a platform that tracks and reports developments in the MENA entrepreneurship space reports that for 2017 MENA Startups Raised $560 Million In Funding Across 260 Deals.