In the initial week of June 2026, startups in the MENA region attracted $258.5 million in investments, largely driven by two UAE companies. CargoX, a logistics technology platform, secured a significant $250 million, while fintech firm SPARQ raised $8.5 million.
CargoX's substantial round reflects growing interest in supply chain innovation, with SPARQ's funding underscoring the dynamic fintech landscape. These deals highlight the UAE's role as a key hub for startup investment within the wider MENA region.
