Q2 2024 July 2024Image: Etihad Towers, Abu Dhabi, UAE. MENA startupsraised a recordtotal of VCinvestment inQ2 2024. Startups in theregion raised$2.8B. MENA venturecapital investmentis currently only More than90 rounds of$2M+ have beenraised by MENAstartups in 2024. Late-stage had a recordbreaking quarter - the Early-stage VCis on parwith Q2 2023. Breakout-stage roundsare on the rise. ▊$4–15m (Series A)▊$1–4m (Seed)▊$0–1m (pre-Seed) ▊$100–250m▊$250m+ ▊$40–100m (Series C)▊$15–40m (Series B) EnterpriseSoftware is theleading sector byventure capital inMENA in H1 2024,followed by The AI startup G42 raised amegaround of $1.5B fromMicrosoft in April 2024 EnterpriseSoftware hasjumped toleading sector byventure capital inMENA in H1 2024, The AI startup G42 raised amegaround of $1.5B fromMicrosoft in April 2024 The UAE hashad a recordbreaking quarterand a very strong Abu Dhabi, hometo G42, is themost fundedMENA hub in2024, followed byDubai and For more, visitdealroom.co/guides MENA deep dive Create a free account on dealroom.cofor more intelligence on startups andecosystems.