About startup landscape in MENA
MENA has over 177,402 startups across the country. Of these, 15.3K are funded companies that have collectively raised $430B in venture capital and private equity. The country is home to 47 unicorns. A total of 9,926 investors have participated in 16,518 funding rounds, with 1,285 startups securing early-stage funding and 460 raising late-stage funding. In the last five years, 28,835 new companies have been founded, raising over $12.5B in funding. Startups in MENA have witnessed 2,706 acquisitions and 2,644 IPOs, while 21,211 startups wrapped up operations. Additionally, 3,213 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 purchase financing solutions for businesses | Riyadh (Saudi Arabia) | 2019 | Series F | $837M | |
Cloud-based platform offering suite solutions for project management | Tel Aviv (Israel) | 2012 | Public | $235M | |
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 October 2026, $7.15B has been raised in 348 equity
funding rounds across MENA. In the same period last year (i.e. till October 2025), $10.3B had been raised across 527 rounds in MENA. So, 2026 has seen a 30.72% 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 |
|---|---|---|---|---|
Seed | 1130 | Oct 28, 2026 | and 1 more | |
Series B | 1403 | Oct 26, 2026 | - | |
Seed | 1570 | Oct 26, 2026 | - | |
PE | 5813 | Oct 22, 2026 | ||
Series A | 4682 | Oct 21, 2026 |
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- 177K+ Total Companies
- $430B+ Total Funding
- 15.3K+ Funded Companies
- 2.6K+ 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) | ||
Ho Chi Minh City (Vietnam) | ||
Washington (United States) | ||
Dubai (United Arab Emirates) |
Acquisitions in MENA
In the year 2026, till October 2026, 144 acquisitions happened in MENA. Last year, in 2025, a total of 198 acquisitions happened in MENA.
Here are some recent, important acquisitions in MENA:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 30, 2026 | ||
Business Acquisition | Oct 29, 2026 | ||
Business Acquisition | Oct 26, 2026 | ||
Business Acquisition | Oct 26, 2026 | ||
Business Acquisition | Oct 22, 2026 |
IPOs in MENA
In the year 2026, till October 2026, 13 IPOs happened in MENA. In its previous year, in 2025, a total of 36 IPOs happened in MENA.
Here are some recent, important IPOs in MENA:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Oct 20, 2026 | Egyptian Exchange (EGX) | |
Oct 13, 2026 | Australian Securities Exchange (ASX) | |
Sep 03, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Jul 08, 2026 | Saudi Stock Exchange (TADAWUL) | |
Jun 09, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) |
Top News about startups in MENA
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Infinidat integrates storage into cyber recovery planning for AI-era resilienceSiliconAngle•Oct 29, 2026•Infinidat
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MyHeritage Establishes Scientific Advisory Board to Support the Expansion of its DNA Product LineBusiness Wire•Oct 28, 2026•MyHeritage
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Coty partners with Brandlight to increase brand visibility in AI searches (COTY:NYSE)Seeking Alpha•Oct 27, 2026•Coty, Brandlight
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The Entertainer unveils Kpop Demon Hunters themed activationRetail Gazette•Oct 26, 2026•The Entertainer
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Belden and Radiflow Partner to Close the Gap Between OT Threat Detection and Network ResponseBusiness Wire•Oct 23, 2026•Radiflow, Belden
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