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Top 10 Most Funded Startups in GCC (2023)
The startup landscape in the GCC has seen a significant rise in the number of tech startups in recent years, a likely result of governments across the GCC having recognized the importance of diversifying their economies and promoting innovation as they have implemented initiatives and policies to support entrepreneurship while attracting talent and investment from across the globe.
FinTech was the most funded sector taking the top 3 spots in our top 10 list of most funded startups in the GCC cumulating more than US $2.4 billion of funding in 2023.
Read the full article: The Top 10 Most Funded Startups in GCC in 2023
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Dubai’s Digital Economy and Its Expanding Startup Ecosystem
Dubai’s startup ecosystem will have raised over USD 2 billion by the end of 2022, with self-employed and digital economy roles tripling. Few MENA markets have a 20-year-old startup ecosystem birthing multiple unicorns. Dubai has been the digital startup hub for tech giants and new unicorns alike. Since 2017, Dubai has raised 96% of UAE’s funds, totaling over USD 2 billion by October 2022. LinkedIn data shows a booming digital economy job market with increasing opportunities and remote work options. Learn from top home-grown startups and global transplants why Dubai is poised to become the next digital economy capital of the world.
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