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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