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- MEA Tech & Startup Digest: Issue #98
MEA Tech & Startup Digest: Issue #98
Welcome to the 98th edition of βThe CTO Showβs MEA Tech & Startup Digestβ! π
This week's digest brings exciting developments across fintech, edtech, and AI sectors, with major funding rounds, strategic expansions, and innovative launches shaping the MENA tech landscape. From sovereign wealth funds backing AI initiatives to record-breaking VC performances, December continues to showcase the region's dynamic entrepreneurial spirit.
Whether you're one of our 2,257 subscribers or new to our community, we're excited to share these valuable insights into tech, startups, and entrepreneurship.
Grab your coffee and let's unpack what's making headlines!
π Feature Stories: Major Moves
β’ Major Investment Rounds
β’ Strategic Fund Launches
π° Notable Funding Rounds
β’ Series A & Growth
β’ Early Stage & Seed
π Ecosystem Developments
β’ Strategic Investments
π Market Expansions & Launches
β’ New Market Entries
π Success Stories
β’ Regional Achievements
Turkey's 212 VC achieves 4x returns, leads market with β¬150M AUM π Read More
π Market Intelligence: Pakistan Startup Ecosystem
Latest ecosystem report reveals:
Investment decline: From $355M (2022) to $37M (2024)
Demographic advantage: 65% of 241.5M population under 30
Key exit: SadaPay's acquisition by Papara (~$2B)
Challenges: 47% lack internet access, gender funding gap at 81.25%
Opportunity: Digital economy potential of Rs9.7T by 2030 π Read More
ποΈEpisodes Recap:
In this episode of The CTO Show with Mehmet, we dive into the evolution of Flowwow, a global gifting marketplace, with COO Vera Modenova. Vera shares her inspiring journey, starting as a student in a five-person startup to scaling Flowwow across 30+ countries. We explore how Flowwow leverages AI, adapts to a mobile-first market, and empowers local sellers while navigating cultural diversity in the MENA region. If youβre curious about e-commerce, leadership, and market expansion, this episode is packed with actionable insights.
In this episode of The CTO Show with Mehmet, weβre joined by Will Blackburn, co-founder of DevClarity, to explore how AI is transforming the management of developer teams. From his journey as a first-time CTO to building tools specifically for engineering leaders, Will shares invaluable insights into leveraging AI for productivity, managing software teams effectively, and navigating the future of development leadership.
π Useful Resouces:
- iAccel Gulf Accelerator: iAccel Gulf Business Incubator (βiAccel GBIβ) is a Global Accelerator Network (GAN) certified accelerator that aims to help early-stage tech startups turn their innovative ideas into successful businesses in MENA Region.
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Best, Mehmet