August 31, 2024
The first half of 2024 has seen a remarkable surge in the United Arab Emirate's startup ecosystem, with the top 10 most funded startups raising a total of $2.16 billion. This roundup highlights the key players across various sectors like AI, blockchain, and real estate, with Abu Dhabi’s G42 leading the pack after securing a massive $1.5 billion funding round from Microsoft. Other sectors, including social media and proptech, also showcased impressive growth. From AI-powered startups to emerging gaming platforms, this video dives into the startups making waves in the UAE’s rapidly evolving tech landscape. Find out what’s fueling this growth!
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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