Gearing Up for Q4 ??
?? As we gear up to launch our suite of Q3'22 VC Reports this week, we look at a few insights garnered from the latest quarter. Emerging Venture Markets have raised $6.2B?in 2022YTD.
?? What is interesting to note is the difference between the amount raised in Q1 and Q3. While?Q1'22 sees the lion's share of transactions happen in the year, Q3'22 only records 17% of the total funding raised. You can get?access to all of the historical and current funding data here.
?? Funding Announcements:
- South Africa’s iiDENTIFii raises $15M: Cape Town-based digital identity startup?iiDENTIFii?raised $15M to fuel its expansion across Africa.
- Bahrain's Eat App raises $11M Series B: Eat App, a restaurant reservation platform, has secured $11M in a Series B round for its expansion plans.
- UAE’s oktopi acquires UK-based TutorHouse: UAE’s learning management platform?oktopi?has acquired UK’s?TutorHouse, offering personalized tutoring services with effortless experiences.
???MAGNiTT Spotlight:
?? We observed critical shifts in VC dynamics across all 3 quarters this year. While total funding remains on par with that seen in 2021,?we break down the deal, funding, and exit practices seen in 2022?YTD ahead of the release of our Q3 reports.?
?? That's all for today! (And if you have anything you'd like to share, share with us your stories on our social media:?Twitter???Instagram???Facebook)
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