MENA Startup Funding Trends for June 2024

Monday, 8 July 2024, 02:01

In June 2024, 38 tech startups in MENA raised $116 million, contributing to a total of $882 million in the first half of the year. Despite a slight slowdown, the region continues to attract significant investment in its startup ecosystem. This indicates ongoing growth and confidence in MENA's entrepreneurial landscape.
Wamda
MENA Startup Funding Trends for June 2024

MENA Startup Funding Trends

In June 2024, 38 tech startups in MENA raised $116 million, contributing to a total of $882 million in the first half of the year.

  1. Investment activity in MENA's startup space slowed down in June 2024.
  2. The region continues to attract significant investment in its startup ecosystem.

This indicates ongoing growth and confidence in MENA's entrepreneurial landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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