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By Lucidity Insights Research Team • March 19, 2024
Turkey's Path to Unicorn-dom: A Journey through its Thriving Startup Ecosystem
Turkey ranked 3rd in MENAPT for VC investments from 2018 to 2023, and it now boasts a total of 7 unicorn startups. The ascent of Turkey's startup ecosystem follows a decade of cultivating talent, fostering innovation, and building investor confidence. Explore Turkey's startup success stories, such as Peak Games reaching a valuation of 1.8 billion USD in 2020, or Trendyol, valued at 15 billion USD and leading the MENA region in mobile commerce. Watch this video now to learn more!
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The Growing Business of Foodtech
There are over 124 foodtech unicorns around the world worth over US $1.3 trillion. The Foodtech market itself surpassed US $260 billion last year alone. Alt-Proteins, 3D Printing Food, and AI integrated Restaurant SaaS: The future of food has arrived. In addition to looking at foodtech globally, in this special report we also look at the future of food technology scene in the MENA region, our special report delves deeper into the dynamics of Foodtech in MENA.
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Discover Turkey's unicorn journey, from Peak Games' rise in gaming to Papara's fintech revolution. Explore the startups transforming Turkey's tech ecosystem.
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Who are the top two countries dominating the list of the Top 5 Most Funded Foodtech Startups in MENA, and how many startups do they have on the list? Discover by watching this video.
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Discover the remarkable ways in which artificial intelligence is revolutionizing foodtech, including the exciting realms of hyper-personalization and innovative solutions to combat food waste.
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Foodtech's average funding round sizes continue to rise across all stages
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In a decade of Saudi Arabia's tech startup renaissance, FOODICS finds itself well-positioned at the intersection of two unstoppable forces: Fintech and Foodtech.
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Watch this video to see how VC deal activity in Global Restaurant Management Software has surged over the past decade, reflecting global interest in the sector.
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Since 2010, a total of 138 innovative foodtech startups in MENA have individually secured $1 million or more in funding. Discover which countries are leading in this video.
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Foodtech scaleups in MENA raised over $4.2 billion since 2010, with 70% in the last 2.5 years. Explore more in our video on Total Scaleup Funding in the Middle East and North Africa.
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Discover the thriving foodtechs reshaping the MENA region. From food delivery to cutting-edge Q-commerce solutions, these sub-sectors are getting attention from global and regional investors.
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How many foodtech startups in the Middle East and North Africa region that have received significant amount of equity fundings since 2010? Find out in this video.
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