2021 MENA Venture Debt Sentiment Report

2021 MENA Venture Debt Sentiment Report

In 2021, over USD 2.0 billion was invested in the GCC start-up ecosystem, USD 267 million of which was in the form of venture debt, a 3.2x year on year increase. Venture debt has started to emerge as a funding alternative and complementary source of capital for these high-growth technology enabled companies which used to rely solely on equity as a source to fund their businesses.

2022 MENA Venture Debt Investment Report

As part of our leading Private Debt practice in the region with over USD 545 million invested, we have collaborated with MAGNiTT and published the 2022 MENA Venture Debt Investment Report. Venture debt deals almost doubled between 2021 and 2022, despite total investment in 2022 falling $6M short of the funding in 2021. Venture debt aggregated $260M across 18 deals in 2022, a year that saw the first mega-deal for venture debt in the MENA region. The deal was closed by UAE-based FinTech startup Tabby and contributed 39% to the total venture debt funding reported in 2022.

At SHUAA we are committed to be at the forefront of the latest market trends and engineer cutting-edge investment solutions for our clients and stakeholders. As part of our leading Private Debt practice in the region, we have collaborated with MAGNiTT to present some insights on regional venture debt.

Contact

For inquiries, please contact: svp@shuaa.com