Start-ups in the Middle East and North Africa region secured $494 million in funding in February 2025, marking a remarkable increase of 457% compared to the same month last year. This data was reported by Wamda and Digital Digest.

Entrepreneurs from Saudi Arabia and the UAE were the primary beneficiaries of this fundraising surge, accounting for 92% of the total investment value. Saudi Arabia led the way with $250.3 million in funding spread across 25 deals, while the UAE followed closely with $203.5 million over 15 deals.

Interestingly, debt financing represented only 15% of the total investments during February, a stark contrast to the 90% share seen in January. In total, 58 deals were recorded for the month, which is an increase from 37 deals reported in February of the previous year.

The fintech sector was the standout performer in this funding wave, attracting $274 million. Following fintech, the insurtech sector raised $55 million, while logistics secured $28.5 million. This data highlights the growing interest and investment in technology-driven solutions within the MENA start-up ecosystem.