MENAPT Funding Rounds Total Deal Value ($USm) & Deal Count - Feb 24 vs. Feb 23
11 March 2024•
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February continued the downtrend observed in January, with deal values plummeting by 67% compared to February 2023, reinforcing the persistence of the VC winter.
A substantial portion of this funding, amounting to $340.5 million and accounting for over 95% of the total MENAPT investment value, was concentrated in Israel and the UAE.
The five largest funding rounds, spanning various industries and funding stages, were centered in these two countries:
- Exodigo raised US $75 million in its Series A
- Flare Network raised US $35 million
- BRIA raised US $24 million in its Series A
- DustPhotonics raised US $24 million in its Series B
- Sensos raised US $20 million in its Series A
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