2023-11-22-CBInsights-风险状况2023年第3季度报告_中东和北非_13页_2mb

MENA Venture Capital Q3 2023 Summary

• Funding decreased 24% quarter-over-quarter to $340M.
• Deal volume fell 31% QoQ to 13 deals.
• Late-stage deals remain robust, with median deal size increasing significantly year-to-date.
• Fintech sector led funding growth, rising 56% QoQ.
• The UAE secured the most funding at $127M, but regional competition is intensifying.
• Time to mid-stage funding rounds is shortening faster, while Series A to B transition is slower.
• M&A activity dropped 46% QoQ.
• Overall valuations declined compared to 2022, with significant sector disparities.