Dubai-Based Startups Fundraising by Funding Type (Millions USD)

Among Dubai-based companies, the values of various funding types have seen an increase over the years, including venture funding rounds, private equity rounds, and corporate rounds.

Venture funding rounds have been the most common type for the past 6 years. However, we can observe a significant rise in the last couple of years. Venture funding rounds alone surpassed the US$1 billion mark in both 2021 ($1.71 billion) and 2022 ($1.74 billion).

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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.

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