Latest jobs

Want to stay up to date on Funding?

Subscribe to our funding newsletter

Full 2018 MENA Venture Investment Report ($500)
January 2019

Full 2018 MENA Venture Investment Report ($500)

Purchase the Full 2018 MENA Venture Investment Report ($500)

$500.00

2018 proves to be another record year for the MENA startup ecosystem with 366 deals, more investments than ever before in MENA-based startups, and total funding up 31% from 2017.

 

To download the free 2018 Venture Investment Summary click here: Report Summary

 

The 2018 MENA Venture Investment Report does a full deep dive into the MENA startup ecosystem across the region. The table of contents for the 100+ page report can be found here:

 

● Executive Summary

● Funding Overview

● Country Breakdown: Historical review by industry, funding stage, deals & investors: UAE, Egypt, Lebanon, Jordan & KSA

● Industry Breakdown: Historical review by geography, stage, deals & investors: FinTech, E-commerce & Transport

● Funding Institutions: List of Funders, breakdown by stage, list of all new accelerators, Angel Groups and VC funds

● Exits: Historical review and details on all exits in 2018

● Top Deals by Quarter: Commentary and breakdown of top deals by quarter across the MENA region

● Methodology & Definitions


Key insights from this year's report include the following. 

 
Executive Summary
 
Funding in the MENA region topped $800M: $893M was invested in 2018, an increase of 31% compared to the $679M invested in 2017. 2018 saw 366 deals take place, an increase of 3% from 2017.
 
UAE remained the top destination for startup investment: the country accounted for 30% of all deals and 70% of total funding amount. Egypt saw the largest increase, with a 7% increase in its share of total deals compared to 2017, accounting for 22% of all deals in 2018.
 
FinTech overtook E-commerce to be the number 1 industry in 2018 by number of deals: FinTech accounted for 12% of all deals that took place in 2018, E-commerce came second with 11% of all deals. Delivery & Transport was the most popular industry in terms of disclosed funding in 2018, accounting for 28%, mainly due to a $200M funding round in ride-hailing app Careem.
 
Late-stage saw an increase as a percentage of total deals: early stage, which includes Angel, Pre-Seed, Seed, and Pre-Series A rounds, increased by 2% as a share of total deals from 2017 to 2018. Late stage, which includes Series C and later stages, saw an increase of 1%
 
2018 saw 155+ entities invest in MENA-based startups: 47% of these entities had not previously invested in MENA-based startups
 
30% of all entities that invested in MENA-based startups are international: this is the same percentage of international investors that invested in MENA-based startups in 2017.
 
The top 10 deals accounted for 65% of total investment amount in 2018: this is up 3% from 2017. This is mainly attributable to the $100M< mega-rounds raised by Careem and Property Finder.
 

To download the free 2018 Venture Investment Summary click here: Report Summary

 

Purchase the Full 2018 MENA Venture Investment Report ($500) - $500.00