Gate News message, April 15 — Startups in the Middle East and North Africa (MENA) raised $799 million in Q1 2026, flat year-on-year but up 31% from Q4 2025, while deal count fell 41% to 115 transactions, according to MAGNiTT, a Dubai-based private capital data platform. The figures mainly reflect deals arranged before recent regional conflict, with broader impact likely to appear in Q3 or Q4 as venture rounds typically take six to nine months to close.
International investors supplied 26% of deployed capital in Q1, down from 41% a year earlier. U.S. investors’ share fell to 5% from 22%.
The United Arab Emirates captured 53% of total funding, helped by Property Finder’s $170 million round, while Saudi Arabia led deal activity with 47 transactions. Fintech remained the top sector with $246 million in funding.