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Startups in the Middle East and North Africa (Mena) raised $254 million in March across 54 deals, up 186% month on month (MoM) from February's $88.7 million and 1.17% year on year (YoY) from the $251 million raised in March 2023. March witnessed a surge in investment activity, breaking the downward trend seen in January and February and bringing Q1 totals to $429 million through 129 funding rounds. However, we cannot say that the ecosystem has entirely recovered, as the activity remains 62% lower than in the same quarter last year. #Startups #Funding #Investments #MenaStartups #Mena

While #Mena #startups have seen a modest increase in investment volume, $88.7 million in February vs $86.5 million in January, the VC space has witnessed a surge in activity, with several VCS, including COTU Ventures, Sawari Ventures, Middle East Venture Partners (MEVP), and MSA Novo, launching funds that will provide a much-needed boost to the ecosystem. Furthermore, certain sectors have experienced a notable spike in funding, such as #Web3, which attracted $39 million. #Foodtech garnered $21 million, while #fintech unexpectedly received $6.9 million. Read the full report of February 2024 investment on Wamda ومضة

The investment vlaue in the startup landscape in the Middle East and North Africa (MENA) rebounded in July 2024, recording $355 million raised by 38 startups—a 206% rise month on month (MoM) and a more than 260% increase year on year (YoY). #Startups #Mena #Investments #Funding #WamdaReport

Startups in the Middle East and North Africa (Mena) region raised $88.7 million across 37 deals, a modest growth of just two per cent month-on-month in terms of deal value. Compared to the same period last year, the amount invested in February this year has fallen by 88 per cent. #Startups #Mena #MenaStartups #Investments #Funding

Almost 45% ($50m) of the capital raised by MENA startups in June 2024 was in the contech and peoptech space, placing them in the top 3 sectors by size of investment attracted during this period. #Startups #Investment #MENA #ConTech #PropTech

Investment activity in MENA’s startup space slowed down in June 2024, as 38 tech startups raised $116 million, bringing the half-year total to $882 million. The amount raised in June declined 59% month-on-month, but rose 182% when compared to the same period last year. #Startups #Investments #Funding #Mena

The amount invested in MENA startups in H1 2024 recorded $882 million, down from the $1.6 billion raised in the same period in 2023. However, when excluding the $644 million of debt financing in H1 2023, the decline drops to 12%. Those are some of the phenomena we noticed when monitoring the investment trends: - The #UAE retained its spot as the top funded ecosystem. - Most investments in H1 were provided by #Saudi investors, contributing to 60 deals across the MENA region, followed by UAE-based VCs, 41 deals, then Egyptian VCs, 24 rounds. - Proptech emerged as the top funded sector, attracting $200 million across 14 deals, replacing fintech, which managed to raise $156 million across 50 deals.  - Debt financing formed 17% of the total funding. - Majority of investment went to startups at their Series A stage, with $169 million raised across 17 rounds. - Seed stage startups remain the top funded when it comes to investment volume, as investors financed 52 Seed rounds with $131 million in H1. - B2C businesses were hit hard this year, raising $356 million across 86 deals, a 64% decline from the previous year. On the other hand, B2B surged by a staggering 153%, going from $186.6 million in H1 2023 to $473 million in 2024. Read the full breakdown of MENA investment landscape in H1 2024 at Wamda ومضة Fadi Ghandour

Per Wamda ومضة's recap of February 2024 funding activity, MENA startups raised $88.7 million during the month. What came in the report? • Startups in the MENA region raised $88.7 million across 37 deals, a modest growth of just two percent month-on-month in terms of deal value • Compared to the same period last year, the amount invested in February this year has fallen by 88 percent • The UAE remained at the top of the MENA ecosystem in terms of investment • Saudi Arabia’s startups raised the second-highest amount with $16.3 million across seven transactions • #Web3 providers are the market's rising stars this month, having raised $39 million in three rounds • #Foodtech performed well in terms of funding amount, securing $21 million in two deals • Investment in Seed stage startups continues to dominate, with 11 startups in the Seed stage raising $25.5 million in total Read more: https://lnkd.in/dznZ4hBp ___________ #fundingopportunity #venturecapital #venturecapitalist #funding #vc #vcfund #mena

Now that I spend a fair bit of time in Qatar Doha and get asked ever so often about #angelinvesting ecosystem and environment in the region for all the angels back home in India here’s an interesting article. #dohaangels #startupinvestingdoha #angelinvestingqatar #startupintestingqatar #Indiaangels