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PRO: Middle East climate tech startups to be hot investment in 2023

A handful of regional firms have received significant investments recently.
The United Arab Emirates' (UAE) minister of industry and advanced technology, Sultan al-Jaber (L), looks on as John Kerry, the US president's climate envoy, tours the Global Manufacturing and Industrialisation (GMIS) Summit in Dubai on November 22, 2021. (Photo by AFP) (Photo by -/AFP via Getty Images)

Despite rising venture funding for Middle East startups in recent years, an area yet to generate broad interest from regional investors is climate tech. 

The sector has been a bright spot in the US and Europe in 2022. Now, the time looks ripe for Middle East climate tech startups to boom too.

In his latest PRO memo, Sam Wendel explains why the field looks so promising for 2023. The region has lacked venture funds devoted to climate tech, but that’s quickly changing.

You'll need a PRO subscription to access the report, but you can also read it now with a one-week free trial.

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