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By Lucidity Insights Research Team • September 10, 2023
Foodtech scaleups in MENA have raised over US $4.2 billion since 2010, of which 70% has been raised in the past two and a half years. Discover more insights on Total Scaleup Funding in the Middle East and North Africa in our video
The Growing Business of Foodtech
There are over 124 foodtech unicorns around the world worth over US $1.3 trillion. The Foodtech market itself surpassed US $260 billion last year alone. Alt-Proteins, 3D Printing Food, and AI integrated Restaurant SaaS: The future of food has arrived. In addition to looking at foodtech globally, in this special report we also look at the future of food technology scene in the MENA region, our special report delves deeper into the dynamics of Foodtech in MENA.
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Who are the top two countries dominating the list of the Top 5 Most Funded Foodtech Startups in MENA, and how many startups do they have on the list? Discover by watching this video.
Discover the remarkable ways in which artificial intelligence is revolutionizing foodtech, including the exciting realms of hyper-personalization and innovative solutions to combat food waste.
Foodtech's average funding round sizes continue to rise across all stages
In a decade of Saudi Arabia's tech startup renaissance, FOODICS finds itself well-positioned at the intersection of two unstoppable forces: Fintech and Foodtech.
Watch this video to see how VC deal activity in Global Restaurant Management Software has surged over the past decade, reflecting global interest in the sector.
Since 2010, a total of 138 innovative foodtech startups in MENA have individually secured $1 million or more in funding. Discover which countries are leading in this video.
Discover the thriving foodtechs reshaping the MENA region. From food delivery to cutting-edge Q-commerce solutions, these sub-sectors are getting attention from global and regional investors.
How many foodtech startups in the Middle East and North Africa region that have received significant amount of equity fundings since 2010? Find out in this video.
How many foodtech startups and unicorns are there in the world today? Discover the growth of global foodtech companies that have reached over a $1 billion valuation over time in this video.
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