By Lucidity Insights Research Team • August 21, 2023
Dubai's Dominance in MENA's Thriving Venture Capital Scene
With a staggering 306 scale-ups, Dubai reigns supreme, representing over 90% of all scale-ups in the UAE and more than 40% of the entire MENA region. Discover how Dubai maintains its title as the 'Top Digital Economy Hub in the MENA region' by watching the video.
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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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H1 2024 - Top 10 Funded Startups in the UAE
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MENAPT’s H1 2024 VC funding reached $4.73B, with G42 and Telegram leading the top 10 funded startups. Discover key investments shaping the region.
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Watch the video to explore May 2024 MENAPT startup investments: 41% drop in deal value, key Proptech deals, and notable funding rounds. Discover trends!
