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Round of Funding Evolution in Dubai
In recent years, Dubai-based fast-growing startups have received more later-stage funding, as these startups have matured. From 2012, when it reached 15 funding rounds at the seed stage, pre-seed stage and angel rounds, the Emirate has consistently seen more than 100 funding rounds in the past two years.
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Dubai's Venture Capital Ecosystem
There are 749 scale-ups that have raised over US $1 million in fundraising in the Middle East and North Africa region; collectively raising over US $19.5 billion, cumulatively, as of December 2022. Over 40% of these scale-ups call Dubai home.
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