The Q3 2022 United Arab Emirates (UAE) Venture Investment Report is one of MAGNiTT's flagship reports that provides a quarterly update on the venture capital and startup ecosystem in the country.

After a record year for the venture capital market in the UAE, the first nine months of 2022 were relatively slower. The number of deals decreased marginally by 1.0%, while funding contracted by 7.0% to reach $845M. This came in coherence with the trend in the global market as the ecosystem was impacted by challenging economic headwinds.In relative terms, UAE-based startups raised 57.0% of FY 2021 funding over 67.6% of total deals. 

To learn more about this report and access the underlying data, contact our team.

UAE Startup Ecosystem in Q3 2022 - Key Highlights

• UAE-based startups raised 57.0% of FY 2021 funding over 67.6% of total deals
• The number of deals dropped by 1.0%, while funding contracted by 7.0% to reach $845M
• The UAE topped the funding value list taking over a share of 36%, despite reporting a yearly decline
• FinTech continued to lead the market in the UAE capturing 27% of the total deals
• The first nine months saw double the number of exits seen in FY 2021, reporting a new record level


What’s In The Report? 

This quarterly report provides a comprehensive overview and a deep dive into the UAE venture capital and funding investment space and includes the following: 


A 5-year analysis of UAE venture funding evolution, with a focus on 2022 YTD country and industry performance

Top 20 investor ranking, together with the investor type and HQ analysis of all investment firms in the region

Top 20 startup funding rounds that were closed during the analyzed period, as well as the ticket size split of the entire deal flow

A 5-year UAE exit evolution with country benchmark breakdown 

Top 10 last exits recorded by KSA-based startups

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 tech startup investments in 17 countries in the Middle East and North Africa - listed alphabetically: Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Qatar, Saudi Arabia (KSA), Syria, Tunisia, United Arab Emirates (UAE), and Yemen.