MENA startups raise $2.3 billion in 2024, UAE leads with $1.1 billion

3 days ago  · The Middle East and North Africa (MENA) startup ecosystem showed great resilience in 2024 despite a notable decline in funding. MENA startups recorded $2.3 billion in …


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MENA Startups Raise $2.3 Billion In 2024, UAE Leads With $1.1 Billion

3 weeks from now

3 days ago  · The Middle East and North Africa (MENA) startup ecosystem showed great resilience in 2024 despite a notable decline in funding. MENA startups recorded $2.3 billion in …

economymiddleeast.com

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MENA Startups Raise $2.3bn In 2024 As Deal Volume Grows - Arab …

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3 days ago  · Startup Wrap — MENA startups raise $2.3bn in 2024 as deal volume grows The UAE led with $1.1 billion raised across 207 deals, followed by Saudi Arabia at $700 million …

arabnews.com

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MENA Startup Funding Drops 42% In 2024, UAE Reclaims Top Spot …

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5 days ago  · The Middle East and North Africa (MENA) startup ecosystem recorded $2.3 billion in investment in 2024, a 42% decline year-on-year, according to the latest data from Wamda. …

financemiddleeast.com

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UAE’s Startup Ecosystem Valued At $23 Billion By End Of 2023

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Oct 21, 2024  · A report by Startup Genome confirmed that the UAE’s emirates are advancing in international rankings, with Abu Dhabi, Dubai, and Sharjah driving sustainable startup growth. …

fastcompanyme.com

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MENA Startups Secure $328.3M In September 2024 - Rasmal.com

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Oct 5, 2024  · In Q3 2024, MENA startups experienced substantial growth, with over $1.11 billion raised across July, August, and September across 143 startups, marking a promising period …

rasmal.com

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UAE Leads In Mena Startup Funding, Raises $146 Million Across 11 …

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Dec 14, 2024  · UAE leads the race in Mena startup funding. The last quarter of 2024 is coming to an end. Tech start-ups in the Mena region demonstrated significant momentum, securing a …

thegulfindependent.com

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MENA Startups Raise $258m In November In 92% Monthly Rise: …

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Dec 9, 2024  · RIYADH: Startups in the Middle East and North Africa region raised $258 million in November, a 92 percent month-on-month increase driven by investment activities in Saudi …

arabnews.com

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MENA Startup Funding Reaches $1.3bn In First 9 Months Of The Year

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Oct 8, 2024  · RIYADH: Startups in the Middle East and North Africa raised $1.3 billion in the first nine months of the year, reflecting a 13 percent year-on-year decline, the latest data showed. …

arabnews.com

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MENA Startup Funding Report August 2024 - $566M Raised

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Sep 10, 2024  · The UAE leads the region with $76.87 million in total funding across ... The total funding amount of $566 million for MENA startups in August 2024 includes a significant portion …

rasmal.com

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Deal Volumes Rise In MENA's Top Markets Despite Continued …

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Oct 8, 2024  · In the MENA region, startups raised US$1.3 billion by the end of Q3 2024, and the number of transactions only dropped by 6 percent compared to the same time last year. …

sme10x.com

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MENA Startups Secure $192.77M In October 2024 - Rasmal.com

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Nov 13, 2024  · Closing Remarks. Thank you for reading the MENA Startup Funding Report – October 2024, published by Rasmal Intelligence.We hope this report provides valuable …

rasmal.com

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Startup Of The Week – Egypt’s Qara Targets Saudi Arabia ... - Arab …

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2 days ago  · Startup Wrap — MENA startups raise $2.3bn in 2024 as deal volume grows Updated 31 January 2025 Nour El-Shaeri

arabnews.com

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From Startups To Giants: Dubai’s Role In The Middle East’s Projected ...

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3 days ago  · With a market expected to hit a staggering US$50 billion by 2025, Dubai is well on its way towards cementing itself as a powerhouse in the Middle East’s e-commerce boom.Driving …

indiatimes.com

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Saudi Arabia’s Carbon Credit Market Leadership Paving Way

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Jan 25, 2025  · Startup Wrap — MENA startups raise $2.3bn in 2024 as deal volume grows ... the decline stood at just 11 percent. The UAE led with $1.1 billion raised across 207 deals, …

arabnews.com

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Saudi Brokerage Firm Derayah Financial Sets IPO Price Range At Up …

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1 day ago  · Startup Wrap — MENA startups raise $2.3bn in 2024 as deal volume grows ... with SR45.04 billion, comprising 11.45 percent of the market. ... to economic growth but can lead to …

arabnews.com

FAQs about MENA startups raise $2.3 billion in 2024, UAE leads with $1.1 billion Coupon?

How much money did MENA Startups get in August 2024?

August 2024 marked a significant month for the MENA (Middle East and North Africa) startup ecosystem, with a total funding amount of $566 million across 43 startups. This substantial inflow of capital highlights the growing importance of the region on the global entrepreneurial stage. ...

Is Mena a fertile ground for new business ventures?

Seed-stage startups were a focal point for investors, suggesting that MENA continues to be fertile ground for new business ventures. A total of 43 startups received funding in the MENA region in August 2024. This number illustrates the vibrant startup environment in the region, with a diverse range of ventures attracting capital. ...

How much money did Mena invest in startups?

A total of 45 startups received funding, totaling $192.77 million and with participation from 24 prominent investors, MENA’s entrepreneurial landscape experienced substantial movement. The UAE and Saudi Arabia emerged as leaders, with substantial funding directed at their startups. ...

Why is the UAE a leader in entrepreneurship in the MENA region?

The UAE leads the region with $76.87 million in total funding across 17 startups. The country’s dominance can be attributed to its favorable regulatory environment, strong infrastructure, and access to both regional and international investors. The UAE continues to position itself as the premier hub for entrepreneurship in the MENA region. ...

What was the MENA startup funding landscape in August 2024?

This comprehensive report by Rasmal provides an in-depth analysis of the MENA startup funding landscape in August 2024, examining total funding amounts, funding stages, gender distribution, geographical distribution, and industry trends. The MENA region secured an impressive $566 million in total funding during August 2024. ...

Which countries are leading the MENA region in venture capital & startup investment?

The MENA region is vast and diverse, with some countries emerging as clear frontrunners in the race for venture capital and startup investment. September 2024 saw Saudi Arabia Startup Ecosystem take the lead with a remarkable $165.34 million in funding. This accounted for just over half of the total funding raised in the entire region. ...

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