Startup Wrap: MENA funding hits $1.1bn as Saudi deals drive September rebound

Startup Wrap: MENA funding hits $1.1bn as Saudi deals drive September rebound

Arab News Oct 10, 2026 Startup Wrap: MENA funding hits $1.1bn as Saudi deals drive September rebound

RIYADH: Startups across the Middle East and North Africa raised $1.1 billion through 73 deals in September, marking a 193 percent increase from August, according to Wamda and Digital Digest’s monthly funding report. Despite the monthly recovery, the total remained 68 percent below September 2025. The rebound was heavily concentrated in several large transactions rather than spread evenly across countries, sectors and funding stages. Barq’s $329.5 million series A, Tabby’s $233 million series F

Source: Arab News

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October 10, 2026 - 5:48 PM
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Startup Wrap: MENA funding hits $1.1bn as Saudi deals drive September rebound

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