MENA Startup Funding Surges $783 Million in July 2025
According to Wamda, startup funding for 2025 has already exceeded the total for 2024. Saudi Arabia recorded 16 deals totalling $396.5 million, while the UAE followed with 22 deals worth $359 million.
Startups in the Middle East and North Africa raised $783 million in July 2025 across 57 disclosed deals, according to a new report by Wamda. The figure was heavily influenced by two large rounds in the e-commerce and deeptech sectors.
Saudi Arabia recorded 16 deals totalling $396.5 million, while the UAE followed with 22 deals worth $359 million. Iraq ranked third with a $15 million investment in InstaBank, and Morocco came fourth with $7.5 million raised by Ora Technologies. Egypt placed fifth, with $4 million across seven deals.
Deeptech attracted $250.3 million across four transactions, while e-commerce matched that total through a single deal. Other sectors included SaaS at $89 million and fintech at $61 million.
Consumer-focused companies received $534 million of the total, followed by business-to-business ventures with $202.4 million. Series A rounds accounted for $267 million, later-stage deals for $158 million, and early-stage funding for $36 million. Debt financing made up 2% of the total.
According to Wamda, cumulative startup funding for 2025 has already exceeded the total for 2024.
