Lack of financing could delay the plans to start startups in the region

The Startups in the Middle East are at risk of losing momentum and taking a longer road to the stock exchanges, due to the lack of financing needed for companies that seek to expand, according to Nour Suwaid, the introduction of the daring capital business “Global Venture”. Sweden said during an interview on the sidelines of the “Fortune” international summit for the most influential women in Riyadh that there is a major gap in the second financing phase “series B”. If this situation does not change, companies will not reach the stage of expansion, so they will not be able to make a preliminary offer. Banks to manage its initial public offer and achieve the status of “Unicorn”- that the financing gap is due to the limited size of the investment funds in the region, which is the value of the investment that can be pumped into one business. The involvement in collecting investors instead of focusing on reaching revenue. Language technology, in which at least six investors participated, according to a statement issued on Wednesday. Establishing companies, with the aim of developing new sectors, providing jobs and diversifying the economy away from the dependence on oil. This attracted more attention in the first quarter of 2025 compared to what the entire 2024 saw. But Sweden indicated that unless the daring main stick in the Middle East is worth $ 300 million or more, startups can have problems with the expansion, and the investors of their investments can last longer.