Q4 2024 Image:Abu Dhabi, UAE,Leon Macapagal January 2025 MENA startupsraised $4.6B ofventurecapital in 2024 MENA VC investment by stage» view online VC investment was up24% on the previousyear, and has grown byover 10x in the last 10years. UAE was themost fundedstartupecosystem in theMENA region in2024 The UAE had a recordbreaking year. SaudiArabia had taken the topspot in 2023. The UAE washome to two tophubs in MENA:Abu Dhabi andDubai Both have raisedmore venturecapital in 2024than in 2023. EnterpriseSoftware was themost fundedsector in MENA in2024, followed byFintech The large lead of EnterpriseSoftware was largely due tothe $1.5B megaround raised byAbu Dhabiʼs AI Unicorn G42 inApril. AI ComputingInfrastructurewas the topfunded segmentin 2024, followedby ConsumerLending The lead of AI ComputingInfrastructure was due to the$1.5B megaround raised byAbu Dhabiʼs AI Unicorn G42 inApril. Over $2B wasraised in Q22024, for justthe fourthtime MENA VC investment by stage» view online Almost $1B was alsoraised in each of Q3 andQ4. Early-stage VC is provingconsistent in MENAecosystems Breakout-stage VC in2024 reached $1.2B,exceeding 2023 by 9% Late-stage VC in 2024was 42% higher than2023 at $2.7B ▊$4–15m (Series A)▊$1–4m (Seed)▊$0–1m (pre-Seed) ▊$40–100m (Series C)▊$15–40m (Series B) ▊$100–250m▊$250m+ MENA startupsraised more than190 rounds of$2M+ in 2024,ahead of 2023 For more, visitdealroom.co/guides Create a free account on dealroom.cofor more intelligence on startups andecosystems.