The FY2022 MENA Investor Ranking Brief ranks the most active investors in the region by the total number of investments and the estimated capital deployed over the year. Contact our sales team to learn more about this report and access the underlying data.
The global and the Emerging Venture Markets went through a series of challenges in 2022 from inflation and rising interest rates to a stock market correction and monetary tightening. The impact of the economic pressures was also seen in the VC landscape. On the surface, the MENA region crossed the $3Bn mark while also observing quarterly declines in funding and the total number of deals. Despite the declines, investor participation in the region saw its all-time high with almost 500 investors backing MENA-based startups in 2022. The Middle Eastern and North African region continues to make efforts in order to drive investment in the region which has borne fruit with not just regional investors deploying capital in the region but also increasing international investor participation over the years.
An interesting shift has been observed in the VC dynamics in MENA over the years. The region was largely dominated by local investors in the pre-pandemic era but as the lucrative landscape of the region came to the light spurred by a pandemic, the scales tilted to include international investors like 500 Global and Endeavor Catalyst. The rising interest in the region can be attributed to the efforts of the Middle Eastern governments to highlight the vitality of the region as a financial hub coupled with the persistent geographical advantage. Consequently, international investor participation has seen an incline since 2021, especially at the Late Stage or $20M+ rounds.
The MENA region recorded seven MEGA deals in 2022 and the majority of the investors in the rounds were from outside of the region. To put this into perspective, seven of the eight investors in Rain’s $110M Series B round were international while EMPG’s $200M round was entirely supported by investors from outside of the region. The Stage breakdown further revealed that Series B onwards is where the population of international investors gets denser while Early Stage deals continue to be backed more heavily by investors hailing from MENA. The VC landscape of the region has also made space for funding institutions like big Corporates and CVCs over the years.
What’s In The Report?
This yearly report provides a comprehensive overview and a deep dive into the Middle East and North Africa Investor Landscape and includes the following:
• A 5-year analysis of investor evolution with a focus on 2022 top investors
• Top 10 investor ranking by deals
• Top 10 investor ranking by estimated capital deployed
• Investor Ranking at each stage, Early Stage, Series A, Series B, Late Stage
• Top Investor Breakdown by Country in terms of deals and estimated capital deployed
Who will benefit from the report?
This report is ideal for investors tracking startup activity, consultants looking to identify technology innovation trends, as well as government entities searching for investments.
This report was created with data from MAGNiTT, a comprehensive directory of technology innovation trends. The platform provides the following analytics tools:
• Investment directories, a comprehensive list of all startup venture funding across the Middle East, Africa, Pakistan, and Turkey
• Market Sizing Tools to visualize investment growth and trends across industries, geographies, and stage
• Comparison Tools to benchmark geographies, industries and investor performance
• Exit comparisons, looking at Mergers & Acquisitions from across the region
Learn how MAGNiTT's proprietary data can help your business. Contact us now!
*This report aggregates and analyses investors with a detailed analysis of the Middle East and North Africa Region