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GCC Funding Rounds YTD February 2025 vs YTD 2024 vs YTD 2023
The Gulf’s startup ecosystem is off to a flying start in 2025, with total startup deal value across the GCC reaching US $1.2 billion by the end of February. This represents a staggering 426% increase from the same period in 2024, driven largely by mega-deals in the FinTech sector, most notably Lendo’s US $690 million debt financing round in January.
While the total number of deals has declined, the average ticket size has grown considerably.
Top Startup Deals in the GCC in February 2025:
- Tabby: US $160M Series E (led by Blue Pool Capital and Hassana Investment Company)
- Flow48: US $69M Series A (led by Breega)
- Ula.me: US $28M Series B (led by Rua Growth Fund)
- Merit Incentives: US $28M Series B (led by Alistithmar Capital and Tech Invest Com)
- The Gaming Company (TGC): US $15M ICO (led by BullPerks, SingularityDAO, and Telcoin)
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We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.
