In 2020, equal shares of pre-seed startups of about 27 percent each in the Middle East and Africa region raised five to ten thousand U.S. dollars, and 20 to 50 thousand U.S. dollars. Most startups in the Middle East and Africa region were based in the United Arab Emirates (UAE) and Egypt as they have established growing entrepreneurship ecosystems.
Distribution of pre-seed startups according to the amount of total funding raised in the Middle East and Africa region in 2020
Funds in thousand U.S. dollars
Share of startups
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Wamda. (February 11, 2020). Distribution of pre-seed startups according to the amount of total funding raised in the Middle East and Africa region in 2020 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1129315/mena-startup-raised-funds/
Wamda. "Distribution of pre-seed startups according to the amount of total funding raised in the Middle East and Africa region in 2020." Chart. February 11, 2020. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1129315/mena-startup-raised-funds/
Wamda. (2020). Distribution of pre-seed startups according to the amount of total funding raised in the Middle East and Africa region in 2020. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1129315/mena-startup-raised-funds/
Wamda. "Distribution of Pre-seed Startups According to The Amount of Total Funding Raised in The Middle East and Africa Region in 2020." Statista, Statista Inc., 11 Feb 2020, https://www.statista.com/statistics/1129315/mena-startup-raised-funds/
Wamda, Distribution of pre-seed startups according to the amount of total funding raised in the Middle East and Africa region in 2020 Statista, https://www.statista.com/statistics/1129315/mena-startup-raised-funds/ (last visited September 01, 2024)
Distribution of pre-seed startups according to the amount of total funding raised in the Middle East and Africa region in 2020 [Graph], Wamda, February 11, 2020. [Online]. Available: https://www.statista.com/statistics/1129315/mena-startup-raised-funds/