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Continent / region

MENA

Continent / region · #32 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.

🦄 New unicorns by year
8
Annual $1B+ outcomes, unsmoothed
🐎 Cumulative thoroughbreds
18
Company revenue history, 2016-2025
Enterprise value
$123B
Actual EV series, 2015-2025

Largest rounds

Largest funding rounds in MENA

A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into MENA-headquartered companies, grouped by Dealroom sector.

Largest rounds in MENA - 2026

Every $100M+ VC round into MENA-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
Live from Dealroom API Open full VC dashboard

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 $33.6B
3 Egypt $12.3B
4 Armenia $12.3B
5 Kuwait $6.1B
6 Bahrain $1.5B
7 Jordan $1.4B
8 Tunisia $1.1B
By 5-yr EV growth
1 Saudi Arabia 81×
2 Bahrain 60×
3 Tunisia 37×
4 Kuwait 35×
6 Egypt 9.6×
7 Armenia 8.3×
8 Jordan 4.7×

Startup funnel

MENA's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
1,144
Seed
755
Series A
377
Series B
169
Series C
84
Unicorn
30
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.

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. Live from the Dealroom Next Gen API.

Notable companies

Top private companies in MENA

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 1
noon
Unicorns $1B+ valuation 30
AlephSallaSwvlTalabatVini Cosmetic5ireTamaraOptasiaSouqYallaFawryPicsArtDeribitKitopiJahezProperty FinderAndalusia LabsTelegramNice OneG42+10 more
Thoroughbreds+ $100M+ revenue 18
Network InternationalJahezFawryYallaNice OneG42OptasiaRasanTalabatTelegramThiqahDeribitDubizzle GroupKitopiPicsArtProperty FinderPaackAleph

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
90
University spinouts
1,505
Total alumni-founded companies
1,091
Of which startups (<$15M raised)
330
Breakouts ($15M-100M)
84
Scaleups ($100M+)

Location comparison

How MENA stacks up

Compare MENA with peers from other continents / multi-country regions — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.

$581B
$368B
MENA
$142B
$73.6B

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.