Saudi and UAE show continued interest in startup funding in MENA region, nearly 97 per cent awarded to male founders
startup funding in mena
Latest in startup funding in mena
Funding
MENA late-stage funding surges 20% as global funding declines
From 2019 to 2022, investors from outside MENA dominated the late-stage VC landscape in the region by capital deployed
Magnitt
Revealed: MENA predicted to see spike in VC financing in Q4, 2023
Works on some mega venture capital investment deals are said to be currently underway in the region
startup ecosystem
MENA startup ventures experience troubled quarter with 26% funding plunge in Q2
Despite the tightening funding environment, startups in the digital health sector in the region emerged as the star performers in the latest quarter
Early-Stage Ventures
MENA startup ecosystem sees paradigm shift: Valuations and initial funding sizes drop
It also offers a ‘once in a generation’ opportunity to build long-term capital solutions for the region’s startups
business funding
Funding for women-founded startups in MENA remains difficult, says entrepreneurs
The gender bias continues unabated with all-male startup founding teams garnering 99 percent of the total $374 million investments raised in August, while just a paltry one percent went to startups founded or co-founded by women
acquisitions
Middle East’s start-ups to see more funding in second half of 2021, says expert
While the region’s food and beverage sector boasted the largest share of funds invested in H1 2021, fintech start-ups claimed the largest amount of deals closed
accelerator programme
Funding in MENA start-ups surges 66% in 2019
A record total of 15 start-up exists took place in H1 2019, according to Magnitt report
Abu Dhabi
UAE continues to drive the Arab world’s tech ambitions
Opinion: Home to well over a third of the region’s start-ups, the UAE is keen to hone to its entrepreneurial credentials, says Yigal Chazan is the head of Content at business intelligence consultancy Alaco