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MENA Funding Landscape Skyrockets with Six Mega-Rounds in 2022

By Lucidity Insights Research Team June 25, 2023

MENA Funding Landscape Skyrockets with Six Mega-Rounds in 2022

What does the term "mega-round" in fundraising mean? Find out how many mega-rounds have been raised in the region since 2015.

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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