About startup landscape in MENA
MENA has over 145,770 startups across the country. Of these, 15K are funded companies that have collectively raised $421B in venture capital and private equity. The country is home to 45 unicorns. A total of 9,709 investors have participated in 16,297 funding rounds, with 1,270 startups securing early-stage funding and 458 raising late-stage funding. In the last five years, 16,743 new companies have been founded, raising over $11.2B in funding. Startups in MENA have witnessed 2,668 acquisitions and 2,332 IPOs, while 21,178 startups wrapped up operations. Additionally, 3,218 companies have been founded by women.
Top Companies in MENA
Wix is the top company in MENA, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in MENA:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of tools for website creation, hosting, and business management | 2006 | Public | $53.5M | ||
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | Tel Aviv (Israel) | 2007 | Public | $423M | |
Provider of various insurance policies including car, pet, home, and life | New York City (United States) | 2015 | Public | $644M | |
Provider of purchase financing solutions for businesses | Riyadh (Saudi Arabia) | 2019 | Series E | $604M | |
Online exchange platform for cryptocurrency | Abu Dhabi (United Arab Emirates) | 2017 | Series C | $2.02B |
Recent Funding Rounds in MENA
In the year 2026, till July 2026, $4.93B has been raised in 241 equity
funding rounds across MENA. In the same period last year (i.e. till July 2025), $8.09B had been raised across 363 rounds in MENA. So, 2026 has seen a 39.08% drop in funding in companies of MENA as compared to 2025.
Here are some recent, important funding rounds in MENA:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 4391 | Jul 30, 2026 | ||
Series E | 4214 | Jul 30, 2026 | ||
Series C | 1142 | Jul 29, 2026 | ||
Series A | 3574 | Jul 28, 2026 | ||
Series A | 9407 | Jul 28, 2026 |
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- 146K+ Total Companies
- $421B+ Total Funding
- 15K+ Funded Companies
- 2.3K+ IPOs
- 2.7K+ Acquisitions
Top Investors in MENA
Europa is the top investor in companies of MENA based on number of companies invested.
Here are some top investors in MENA:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Giza (Egypt) | ||
Dubai (United Arab Emirates) | ||
Washington (United States) | ||
Ho Chi Minh City (Vietnam) |
Acquisitions in MENA
In the year 2026, till July 2026, 107 acquisitions happened in MENA. Last year, in 2025, a total of 195 acquisitions happened in MENA.
Here are some recent, important acquisitions in MENA:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 24, 2026 | ||
Business Acquisition | Jul 24, 2026 | ||
Business Acquisition | Jul 16, 2026 | ||
Business Acquisition | Jul 14, 2026 | ||
Business Acquisition | Jul 14, 2026 |
IPOs in MENA
In the year 2026, till June 2026, 7 IPOs happened in MENA. In its previous year, in 2025, a total of 35 IPOs happened in MENA.
Here are some recent, important IPOs in MENA:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jun 09, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
May 18, 2026 | Australian Securities Exchange (ASX) | |
May 15, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
May 14, 2026 | New York Stock Exchange (NYSE) | |
Mar 12, 2026 | Canadian Securities Exchange (CSE) |
Top News about startups in MENA
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DataFlow Group, Saudi German Health UAE Partner for Healthcare Workforce CredentialingTahawulTech.com•Jul 23, 2026•DataFlow Group, Saudi German Health
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Farnell partners with Hailo to accelerate edge AI innovationEvertiq•Jul 22, 2026•Farnell, Hailo, Newark
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Rapid Medical Announces FDA Clearance of DRIVEWIRE™ 35 and First Stroke CasesFinancial Post•Jul 21, 2026•Rapid Medical
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Actelis Networks and Exaware Expand Strategic Collaboration with Signed MOUGlobeNewswire•Jul 10, 2026•Exaware, Actelis
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