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Top 10 Most Funded Startups in MENAPT H1 2024: UAE Tops with a $1.5B Round in AI

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By Lucidity Insights Research Team • August 17, 2024

Top 10 Most Funded Startups in MENAPT H1 2024: UAE Tops with a $1.5B Round in AI

As 2024 draws to a close, there have been several notable changes in the startup funding scene in the MENAPT region. There have been fewer deals but larger investments, reflecting a focus on mature, lower-risk ventures. With G42’s $1.5 billion deal with Microsoft leading the charge, the region’s total funding slightly increased to $4.73 billion. The list of top 10 funded startups includes major players like Telegram, InSightec, and DOP (Data Ownership Protocol), showcasing the region's growing appeal in AI, healthtech, and blockchain. Dive into our detailed analysis to explore these trends and what they mean for the future of the MENAPT ecosystem.

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