By Lucidity Insights Research Team • January 31, 2025
December 2024 MENAPT VC Funding Highlights
As 2024 drew to a close, the MEA region saw impressive funding rounds, raising US $1.57 billion across 76 deals in December alone. Among the top five, four startups announced megarounds over $100 million, with the UAE dominating the list. Notable deals include Quantix's $500 million financing from Citi, Nostromo Energy's $305.5 million loan from the US Department of Energy, and Cadena's $183 million Series B round. This December roundup highlights the sectors and startups driving innovation and growth as the region enters 2025. Discover more about these key players and trends in our full article at Lucidity Insights.
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In November 2024, the MENAPT region saw a 61% funding drop. Top deals include Advanta Seeds, Eye-wa, Lean Technologies, TailorMed, and Appcharge. Explore key insights.
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MENAPT saw a remarkable 83% increase in VC funding in October 2024, with top startups like Anan, ONE ZERO, AFS, Zenity, and Port leading the charge.
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MENAPT saw a steep 60% drop in startup funding in Aug 2024. Top deals include Orbitworks, Plan-S, Yuze Digital, E Daddy, and LightSolver. Watch the video!
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Did you check these out?
December 2024 - Top 5 Most Funded Startups in MENAPT
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