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By Lucidity Insights Research Team • June 20, 2023
A mega-round in funding refers to a significant amount of investment raised by a company in a single funding round. Discover the biggest mega-rounds raised by UAE startups to date.
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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July 2024 sees a 123% YoY increase in MENAPT VC funding, with Pathfinder, MNT-Halan, and Magenta Medical leading the charge.
H1 2024 - Top 10 Funded Startups in the UAE
MENAPT’s H1 2024 VC funding reached $4.73B, with G42 and Telegram leading the top 10 funded startups. Discover key investments shaping the region.
Watch the video to explore May 2024 MENAPT startup investments: 41% drop in deal value, key Proptech deals, and notable funding rounds. Discover trends!
Join free founder masterclasses with top VCs from the Middle East & Africa. Learn about VC funding, perfecting pitches, and mastering fundraising strategies.
Q1 2024 sees MENAPT VC funding drop to $1.52B with top deals by Telegram and Salla. Discover the top 5 deals in this recap. Watch the video for more insights!
Dubai, home to 306 scale-ups, leads with over 90% in the UAE and 40% in MENA. Watch our video to see why it's the MENA region's top digital economy hub.
Which technology sectors are leading the pack in terms of funding and growth in Dubai? Watch this video to discover insights from global venture capitalists.
The rise in large funding rounds and diverse capital sources is driving Dubai's startup scene to new heights. Watch this video to explore Dubai's growing role as an innovation hub
Viability and availability of exit options for startups remain key concerns for venture capitalists. What about startups in the Middle East and North Africa?
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