By Lucidity Insights Research Team • June 25, 2023
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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