CHART: UAE leads as MENA startups raised $646 million in October 2022

Emmanuel Oyedeji -

Startup funding in the Middle East and North Africa region grew to $646 million over 69 deals in October 2022, a 343% growth from the previous month, and a 331% YoY growth from the $150 million raised in October last year.

The October number brings the cumulative deals raised in the region this year to $3 billion over 551 deals.