Exciting Investment Prospects: Tech Sectors Set to Shine in 2023

By Ashok Raman, 27 June 2023

Previously: Expected Headwinds in Dubai’s Funding Landscape

Key industries expected to thrive in 2023

Among the industries that are enjoying an increased investor interest, e-commerce and fintech take up the first and second position in terms of number of companies that have raised above US$1 million through their lifetime. There are also companies focused on healthcare, education and logistics that are raising funding. Nine foodtech companies have raised close to US$1 billion in total. However, majority of that is dominated by Kitopi. Social networking is also dominated by the funding raised by Telegram.

Register & Read for Free

Just login or create a free account to enjoy our content


Related Report

Dubai's Venture Capital Ecosystem

There are 749 scale-ups that have raised over US $1 million in fundraising in the Middle East and North Africa region; collectively raising over US $19.5 billion, cumulatively, as of December 2022. Over 40% of these scale-ups call Dubai home.