MENA Startup Funding Sees Decline in October 2025
After a record-breaking September, investment activity across MENA startups cooled in October, with total funding dropping to $784.9 million across 43 deals, down 77% month-on-month from September’s $3.5 billion surge.
Despite the sharp decline, the figure still marks a 395% year-on-year increase, signalling sustained investor confidence in the region’s tech landscape.
Debt Financing Dominates
Debt financing continued to shape MENA’s investment narrative, with four debt deals alone accounting for 72% of total funding, worth $567.8 million, while equity and other instruments collectively raised $217 million.
The data underscores a growing trend of debt-backed growth, particularly among late-stage and asset-heavy startups.
Author's summary: MENA startup funding drops to $785 million.
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