Investments in MENA tech startups H1'2021

$959M

Value of Investments

49% of the funding value went to UAE based startups followed by 27% to Saudi based startups

241

Number of Investments

27.8% of the startups that raised money were based in the UAE, followed by 24.5% in Saudi and 24.1% in Egypt.

250%

Growth in Value of Investments

In comparison to the same time period in 2020, 250% more funding was committed to MENA-based startups this year

The UAE continues to lead the region by the number and value of investments into tech startups.


The 10 largest investment rounds announced in the first half of 2021 are:

  1. Tamara (Saudi) - $110M
  2. Pure Harvest Smart Farms (UAE) - $50M
  3. Tabby (UAE) - $50M
  4. Trella (Egypt) - $40M
  5. Anghami (UAE) - $40M
  6. Lyve Global (UAE) - $35M
  7. Yellow Door Energy (UAE) - $31M
  8. Sary (Saudi) - $30M
  9. Floward (Kuwait) - $27M
  10. Starzplay (UAE) - $25M



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