2018 MENA Venture Investment Report
January 2019

Purchase the 2018 MENA Venture Investment Report


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 2018 MENA Venture Investment Report - $1000

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