In July, startup investments in the Middle East and North Africa surged dramatically, reaching $783 million across 57 deals, marking a 1,411% increase from June. This growth sets the stage for a strong third quarter in 2025. The increase was largely driven by two major deals, indicating strong investor interest in high-growth opportunities. Saudi Arabia led with $396.5 million across 16 deals, followed by the UAE with $359 million in 22 startups. Iraq and Morocco also made significant strides, while Egypt saw a decline due to economic challenges. Deeptech and e-commerce sectors attracted the most funding, with $250 million each, while fintech saw a reduction. The report highlights a shift towards innovation-led ventures and scalable consumer platforms. Despite the overall growth, gender disparity in funding persists, with male-led startups receiving the majority of investments. The momentum in startup funding reflects the region’s transition to mature innovation ecosystems, attracting diverse investor interest.
Did MENA startup funding soar by 1,411% to $783 million in July?
