MENA Startup Funding Reaches $3.5 Billion in September 2025

Startup funding across the MENA experienced a surge in September 2025, reaching a total of US$3.5 billion across 74 deals,  marking a substantial increase from $337.5 million in August. The month's total was predominantly driven by large rounds in Saudi Arabia. While this figure includes $2.6 billion in debt financing, equity funding still showed considerable growth. The fintech sector was the clear leader, attracting $2.8 billion in investment, largely powered by Saudi fintech firms, including Tamara, which secured a $2.4 billion debt facility, and Hala, which closed a $157 million Series B round. Other notable debt raises came from Lendo ($50 million) and Erad ($33 million). Following fintech, proptech was the second highest-funded sector with $528.6 million, due mainly to Property Finder's $525 million round. A total of 25 Saudi startups raised $2.7 billion, while  UAE followed with$704.3 million across 26 startups. Oman startups raised $7.7 million, while $6.8 million went to Morocco. Meanwhile, Egyptian startups raised a modest $3.2 million.