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How Much Capital Have MENA Startups Fundraised in the Past 10 Years?

By Lucidity Insights Research Team June 20, 2023

How Much Capital Have MENA Startups Fundraised in the Past 10 Years?

Find out which three countries in the MENA region have collectively raised 91% of the region's total capital in tech startups over the past decade.

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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