Q1 2026$612M raised16 deals0 new startups84 open roles
Technology

MENA Startup Funding Hits Record $3.5B in September 2025

MENA startup funding hit a record $3.5B across 74 deals in September 2025 — a 914% month-on-month spike. UAE startups raised $704M of the total.

D
DXB Start·September 30, 2025·1 min read·6 months ago

September 2025 marked a watershed moment for the MENA startup ecosystem as funding soared to an unprecedented $3.5 billion across 74 deals, representing a staggering 914% month-on-month increase and a 1105% year-on-year surge.

The UAE emerged as a powerhouse in the region, ranking second with 26 startups collectively raising $704.3 million during the month. The surge was primarily fueled by mega-deals from Saudi fintechs, including Tamara's $2.4 billion debt facility, Hala's $157 million Series B, Lendo's $50 million debt financing, and Erad's $33 million debt financing.

Q3 2025 Performance and Sector Trends

The third quarter of 2025 concluded with $4.5 billion raised across 180 deals, marking a 523% quarter-on-quarter jump. Year-to-date funding reached an impressive $6.6 billion, with the UAE securing $1.2 billion across 59 deals in Q3 alone.

Fintech remained the dominant sector in Q3, attracting $3 billion across 41 startups. Proptech followed with $684 million in investments, while e-commerce secured third place with $265 million in funding.

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