MENA (ex. Israel) VC Investments projected to reach 9.7 Billion by 2028
03 November 2023•
%2Fuploads%2Fnewsletter%2F7nov3a.jpg&w=3840&q=75)
In 2023, MENA, excluding Israel, is expected to reach VC funding around US $3.9 billion, of which 48% is projected to go towards growth stage startups.
By 2028, STV's latest report suggests that the MENA (ex. Israel) region will be investing $9.7 billion into the startup ecosystem, of which 75% will be geared towards more mature, growth stage start-ups.
The report suggests that there is a growth stage funding gap currently, upwards of $20 billion, that must be invested in the coming years.
Author
.jpg&w=3840&q=75)
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.
%2Fuploads%2Fdubai-vc-ecosystem%2Fcover-ent.jpg&w=3840&q=75)
