At $445 million, startups in the region witnessed a robust 153 percent year-on-year growth in venture funding despite a 7 percent drop in deal volume, says a latest report.
EDGE acquires majority stake in MARS Robotics
Abu Dhabi, UAE - EDGE, a technology and defence group, on Tuesday announced the acquisition of an 80 percent stake in MARS Robotics, a leader in autonomous robotic solutions based in Jordan. MARS Robotics will work closely with EDGE’s Advanced Concepts, which focuses on the rapid design, development, and deployment...
