MENA Startup Funding Report: $328.3M Raised in September 2024

Oct 5, 2024  · 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 …


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MENA Startup Funding Report: $328.3M Raised In September 2024

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Oct 5, 2024  · 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 …

rasmal.com

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Saudi Arabia Leads MENA Startup Rise With $165m Investment In …

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Oct 6, 2024  · Saudi Arabia leads MENA startup rise with $165m investment in September Published October 6th, 2024 - 09:17 GMT Riyadh, Saudi Arabia - March 01, 2024: Riyadh city …

albawaba.com

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Saudi Startups Secure $165mn In September, Seize Half Of MENA …

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Oct 6, 2024  · Saudi Arabia seized over half of the MENA startup funding with $165.34 million, followed by the UAE with $114.32 million and Egypt with $25 million, a recent report by …

sharikatmubasher.com

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Saudi Arabia Pumps Funding Into Startups As It Vies For Mena No 1

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Oct 22, 2024  · The VC market across the Middle East and North Africa raised $1.3 billion from January to September 2024 – and Saudi Arabia “led the region”, said startup analyst Magnitt. …

agbi.com

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MENA Startup Funding Soars To $328.3 Million In September 2024

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Oct 7, 2024  · Saudi Arabia and UAE: Leading the Charge. Saudi Arabia emerged as a major startup hub, attracting $165.34 million in funding, which accounted for more than half of the …

emiratesentrepreneur.com

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Startup Wrap – International Venture Capital Interest In MENA Rises ...

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Nov 23, 2024  · This 23-percentage-point increase underscores MENA’s growing appeal as a destination for venture capital. ... compared to $1.177 billion in Africa and $947 million in …

arabnews.com

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How MENA Startups Are Powering Growth Through Inclusion - Gulf …

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Dec 5, 2024  · Underscored by a substantial rise in total funding, which surged from approximately $453m in Q2 to around $766.3m in Q3 of 2024 – a staggering 69.2 per cent rise. ... startup …

gulfbusiness.com

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

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3 days ago  · According to the latest report from Wamda, the UAE led the MENA region’s startup ecosystem with $1.1 billion raised across 207 startups. In second place came Saudi Arabia, …

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

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2 days ago  · RIYADH: Egypt-based supply chain technology company Qara is preparing to expand into Saudi Arabia, leveraging a $2.6 million funding round to support its entry into the …

arabnews.com

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

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1 day ago  · RIYADH: Saudi Arabia’s independent digital investment platform Derayah Financial Co. has set the price range for its initial public offering at SR27 ($7.20) to SR30 per share, …

arabnews.com

FAQs about MENA Startup Funding Report: $328.3M Raised in September 2024 Coupon?

Why did Saudi Arabia invest in MENA Startups?

Saudi Arabia led the way, attracting $165.34m in funding that comprises more than half of the total capital raised across 13 startups in MENA. This surge in investment reflects the Kingdom’s ongoing efforts to diversify its economy under its Vision 2030 strategy, which prioritises growth in sectors like technology and innovation. ...

Is Saudi Arabia leading the Middle East & North Africa startup scene?

(Shutterstock) ALBAWABA - The Middle East and North Africa (MENA) startup scene is growing quickly, with Saudi Arabia leading the way in investment activities. In September, 60 firms in the area raised $328.3 million in funding, with 13 companies in Saudi Arabia garnering $165.34 million in investments, according to a recent study by Rasmal. ...

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. ...

Which countries raised the most MENA startup funding in September 2024?

Saudi Arabia and the UAE led the way for MENA startup funding in September, according to Rasmal research. The US data and intelligence platform said the Middle East and North Africa (MENA) startup scene saw a total of $328.3m raised across 60 startups in September 2024. ...

How much money did Saudi Arabia raise in MENA?

Saudi Arabia led the regional funding efforts, securing $165.34 million across 13 startups — accounting for more than half of the total capital raised in MENA. ...

How much did MENA Startups raise in September?

According to a recent report by Rasmal, MENA startups raised a total of $328.3 million across 60 companies in September, reflecting increasing investor confidence in the region’s entrepreneurial talent. This surge ...

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