INVESTMENTS IN MENA BY YEAR
FIGURE 5: NUMBER AND VALUE OF INVESTMENTS BY YEAR
The total number of investments per year in MENA has remained level since 2014, hovering between 200 and 220 deals each year. This is surprising given that the number of investors has increased by 75% during that same time period. At the same time, the total dollars invested witnessed a 70% jump in value. This increase is mostly explained by two mega-rounds, raised by Careem and Souq.com: Careem raised $350M, while Souq.com raised $275 million.