MAGNiTT 2018 MENA Venture Investment Report highlights the latest trends in venture capital funding across the MENA region including breakdown by stage, industry and geography amongst others.
To purchase the full Venture Investment Report click here: 2018 MENA Venture Investment Report
REPORT HIGHLIGHTS:
2018 saw $893M invested in 366 MENA-based startups
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.
155+ institutions invested in MENA startups in 2018, 30% from outside the region
2018 saw a 5% increase in the number of institutions and angel groups investing in MENA-based startups, of which 47% had not previously invested in the region.
UAE remained the top destination for startup investment
UAE accounted for 30% of all deals, while Egypt (22%) saw the biggest increase of 7% and Lebanon (10%) saw the biggest drop of 5%.
To purchase the full Venture Investment Report click here: 2018 MENA Venture Investment Report