Startups in the Middle East and North Africa (MENA) secured US$863 million across 63 funding rounds in January 2025.

Of this total, US$768 million was generated through debt financing, with equity investments remaining similar to levels from January 2024.

Total funding experienced a 210% increase month-on-month compared to December 2024.

Saudi Arabia led the startup ecosystem in the region, raising US$839.5 million through 21 funding rounds.

The fintech sector was the most significant contributor, attracting US$776.6 million from 11 deals, largely influenced by the Lendo and Forus funding.