
The source article:
General Catalyst reportedly to back Saudi Arabian startup
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Despite Saudi Arabia’s record of human rights abuses, some investors are warming up to investing in the country’s startups. General Catalyst is planning to invest in a Saudi Arabia-based fintech startup, Lean Technology, the firm’s first investment in the Middle Eastern nation, the Information reported. Other Saudi Arabian startups that US-based investors recently backed include […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/17/general-catalyst-reportedly-to-back-saudi-arabian-startup/
Despite Saudi Arabia's record of human rights abuses, some investors are warming up to investing in the country's startups. General Catalyst is planning to invest in a Saudi Arabia-based fintech startup, Lean Technology, the firm's first investment in the Middle Eastern nation.