Foodtech & F&B Industry Number of Funding Rounds Split Between Scaleup and Startups
29 August 2023•
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The MENA region has seen the rise of foodtech startups, where 356 startups have received some form of funding since January 2010. Of these, 138 are scaleups that have raised US $1 million or more.
The remaining 218 startups have either participated in rounds where funding value was undisclosed or in funding rounds where the total amount raised was less than $1 million, or raised funds through non-equity funding rounds such as grants and debt-financing.
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