By Lucidity Insights Research Team • September 10, 2023
MENA Foodtech Scaleups have raised more than $2.9B in the last 3 years
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
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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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