Cbinsights-风险状况2023年第3季度报告：中东和北非（英）-2023-13页_2mb

报告摘要

Funding Trends: MENA funding decreased 24% QoQ to $340M, the third straight drop Q3 2023. Fintech saw a 56% QoQ funding jump, while digital health funding rose from $2M to $15M.
Country Leadership: UAE secured the highest Q3 funding at $127M (29 deals), despite QoQ declines. Competition is intense, with Saudi Arabia, Turkey, and Morocco also significant contributors.
Deal Stage Analysis: 85% of deals were early-stage (median size down 17%), late-stage median deal size increased 200% YTD but represented only 5% of deals. Mid-stage fundraising quickened (median Series B to C time 19 months), but progression from Series A to B took longer (median 40 months).
Sector Performance: Fintech led total funding growth QoQ. Early-stage average deal sizes have decreased, while late-stage valuations reflect a market downturn in 2023.
Exit Activity: M&A deals dropped 46% QoQ to 13 in Q3 2023. No significant exits highlights a challenging environment.
Investor Landscape: VC share remained steady, with angel investment seeing a QoQ increase. Top investors in Q3 included entities like AlestaYatirim and e& Capital.
- Top deals featured Turkey-based companies in HR tech and online research.
- Median startup valuations and deal sizes indicate a cooling market, with declines observed across stages and geographies.