By Lucidity Insights Research Team • June 27, 2023
Here Are the Top 20 Most Funded Startups in MENA
These companies have received attention and funds, not just from local investors, but also from global investors. Discover the list of MENA's powerhouse startups that have successfully raised the most capital.
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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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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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Join free founder masterclasses with top VCs from the Middle East & Africa. Learn about VC funding, perfecting pitches, and mastering fundraising strategies.
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Q1 2024 sees MENAPT VC funding drop to $1.52B with top deals by Telegram and Salla. Discover the top 5 deals in this recap. Watch the video for more insights!
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Dubai, home to 306 scale-ups, leads with over 90% in the UAE and 40% in MENA. Watch our video to see why it's the MENA region's top digital economy hub.
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Which technology sectors are leading the pack in terms of funding and growth in Dubai? Watch this video to discover insights from global venture capitalists.
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The rise in large funding rounds and diverse capital sources is driving Dubai's startup scene to new heights. Watch this video to explore Dubai's growing role as an innovation hub
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Viability and availability of exit options for startups remain key concerns for venture capitalists. What about startups in the Middle East and North Africa?
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Watch this video to explore the total funding in the MENA region based on funding types between 2012 and 2022, encompassing venture capital, corporate rounds, and private equity investments.
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