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MENA

Continent / region · #33 region by EV

A public taster of the full MENA ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

2,654 Pool of Funded Startups
1,566 Annual Startups FoundedAll new ventures
415 Annual Startups FundedReceived investment
get funded 26%
1,169 Pre-Seed Startups$100K–1M
775 Seed Startups$1–4M
Pre-Seed to Seed 23%
386 Series A Startups$4–15M
Seed to Series A 24%
179 Series B Breakouts$15–40M
A to Series B 32%
85 Series C Breakouts$40–100M
B to Series C 31%
38 Mega Scaleups$100–250M
reach Mega 1.4%
22 Mega+ Scaleups$250M+
reach Mega+ 0.83%
32 Unicorns($1–10B valuation)
reach Unicorn 1.2%
1 Decacorns($10–100B valuation)
reach Decacorn 0.038%
Pre-Seed
1,169
Seed
775
Series A
386
Series B
179
Series C
85
Unicorn
32
Decacorn
1

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Largest rounds

Largest funding rounds in MENA

A live treemap of the largest VC rounds. Each cell is one round into MENA-headquartered companies, grouped by Dealroom sector.

Largest rounds in MENA - 2026

Every $40M+ VC round into MENA-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Top sub-locations

Inside MENA: top 8 sub-locations

Sub-locations inside MENA ranked by combined enterprise value, paired with their 5-year growth multiplier.

By enterprise value
2 Saudi Arabia $33.9B
3 Egypt $12.3B
4 Kuwait $6.1B
5 Armenia $2.3B
6 Jordan $1.4B
7 Bahrain $1.4B
8 Morocco $1.2B
By 5-yr EV growth
1 Saudi Arabia 81×
2 Bahrain 54×
3 Kuwait 35×
4 Morocco 16×
6 Egypt 9.7×
7 Armenia 6.5×
8 Jordan 4.7×

VC investment

How much venture capital flows into MENA

VC investment into MENA-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Academia

MENA's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to MENA.

University-linked startup formation
97
University spinouts
1,565
Total alumni-founded companies
1,142
Of which startups (<$15M raised)
336
Breakouts ($15M-100M)
87
Scaleups ($100M+)

Location comparison

How MENA stacks up

Compare MENA with peers from other continents / multi-country regions — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

$574B
$338B
MENA
$131B
$72.3B

Combined enterprise value of each ecosystem.

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full MENA dataset — or see a sample on the Dealroom app.

Sector breakdown
Where MENA's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
MENA's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
MENA's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where MENA's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in MENA
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in MENA
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Get the full MENA ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.