April 2018 Funding Summary
− April saw $26M disclosed investments in 15 deals.
−This was the highest amount raised in April the last 4 years.
−Deals: There were 3 fewer deals in April 2018 (15) compared to April 2017 (18)
▪Top three March deals by disclosed investment size were:
−SWVL - $8M
−MaisonPrive - $4M
▪Investment analysis breakdown:
−11 of the 15 deals took place at the SEED Stage, 3 disclosed at Series A and 1 disclosed at Series B
−UAE & Egypt saw the highest number of investments (5), Other notable investments: KSA (4), Morocco (3), Lebanon and Jordan(3)
−Investments were spread across 13 different industries, with 2 deals in E-Commerce, Travel & Tourism, Professional Services and Network & Community