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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.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
IPOs
Acquisitions

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
2017
Series C
$2.02B
Get a longer list of companies

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
See a more detailed list of funding rounds
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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:
See a more detailed list of investors

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
See a more detailed list of acquisitions

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)
See a more detailed list of IPOs

Top News about startups in MENA

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FAQs about Startups in MENA

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