The total VC funding in the first quarter included 446 transactions, reflecting a 7.5% increase in deal volume compared to the previous quarter. Late-stage investments dominated, making up 65% of the funding, which indicates shifting investor preferences.
The UAE’s MGX contributed significantly to the increase in VC funding with its 2 billion USD investment in Binance. Despite this rise, overall investment levels remain lower than the 2021 peak, suggesting a cautious market outlook among investors.
Leave a Reply