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November 2024 - Top 5 Most Funded Startups in MENAPT

November 2024 - Top 5 Most Funded Startups in MENAPT

By Nazmia Nassereddine 16 December 2024
Person using a laptop with futuristic digital overlay icons related to technology and innovation.

In November 2024, the MENAPT region raised a total of US $510.1 million across 58 deals, making up less than half of the US $1322.6 million raised from 112 deals in November 2023 for a 61.4% drop. Despite witnessing 2 megarounds, this month also saw a 26.1% decline in deal value and a 26.6% reduction in deal count from October 2024. These downturns suggest not only a decrease in the availability of capital but also a potentially cooling interest in the region's startups. Nonetheless, let’s take a look at the top funding rounds of November 2024.

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