10 Most Funded MENA Startups (2023)
Published date : 25 June 2024

10 Most Funded MENA Startups (2023)

In 2023, the MENA region attracted over US $2.3 billion in funding across various types such as equity and debt financing. Despite a decline in overall funding compared to 2021 and 2022, certain sectors demonstrated robust resilience. Fintech emerged as a leading sector, with seven out of the ten most-funded startups belonging to this category. Notably, Tabby led the pack by securing over US $1.4 billion—double the amount raised by Tamara, which ranked second on the list.

Below are the top 10 most funded startups in MENA for 2023:

  1. Tabby
  2. Tamara
  3. MNT-Halan
  4. Balance
  5. Alpheya
  6. eToro
  7. Cato
  8. PayEm
  9. Telegram
  10. AI21labs
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