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About startup landscape in MENA

MENA has over 154,314 startups across the country. Of these, 15.1K are funded companies that have collectively raised $423B in venture capital and private equity. The country is home to 47 unicorns. A total of 9,835 investors have participated in 16,388 funding rounds, with 1,272 startups securing early-stage funding and 462 raising late-stage funding. In the last five years, 20,600 new companies have been founded, raising over $11.3B in funding. Startups in MENA have witnessed 2,681 acquisitions and 2,460 IPOs, while 21,177 startups wrapped up operations. Additionally, 3,217 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
Cloud-based platform offering suite solutions for project management
Tel Aviv (Israel)
2012
Public
$235M
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
Get a longer list of companies

Recent Funding Rounds in MENA

In the year 2026, till August 2026, $5.27B has been raised in 272 equity funding rounds across MENA. In the same period last year (i.e. till August 2025), $8.51B had been raised across 421 rounds in MENA. So, 2026 has seen a 38.04% 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
9301
Aug 31, 2026
Seed
8533
Aug 26, 2026
-
Seed
7687
Aug 25, 2026
Seed
5307
Aug 24, 2026
Series C
7821
Aug 24, 2026
See a more detailed list of funding rounds
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  • 154K+ Total Companies
  • $423B+ Total Funding
  • 15.1K+ Funded Companies
  • 2.5K+ 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 August 2026, 119 acquisitions happened in MENA. Last year, in 2025, a total of 196 acquisitions happened in MENA.
Here are some recent, important acquisitions in MENA:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Aug 31, 2026
Business Acquisition
Aug 18, 2026
-
Business Acquisition
Aug 15, 2026
Business Acquisition
Aug 12, 2026
Business Acquisition
Aug 06, 2026
See a more detailed list of acquisitions

IPOs in MENA

In the year 2026, till August 2026, 9 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
Aug 31, 2026
National Association of Securities Dealers Automated Quotations (NASDAQ)
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)
See a more detailed list of IPOs

Top News about startups in MENA

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Nayax Launches Electric Mobility Business in BrazilRenewable Energy Magazine•Aug 25, 2026•Nayax, IPS Group
View All Top News about startups in MENA

FAQs about Startups in MENA

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