The Most Well-Funded Tech Startups In The UAE In One Infographic.

All of the companies in our infographic are based in the Emirate of Dubai. Collectively, these companies have raised approximately $2.3 billion.

The United Arab Emirates is making headway as a significant incubator of technology companies. The country is now home to two unicorn companies that were each valued at $1 billion in 2016. The ride hailing company?Careem Networks?reached unicorn status in December and the ecommerce company?Souq.com?received a billion dollar valuation in February. Another Emirati ecommerce company,?Noon.com, obtained $1 billion?in funding in November 2016, and has said it will begin operating in January 2017.

Using the CB Insights database, we mapped the 32 most well-funded tech startups in the UAE. We only included companies that have raised funding since 2013.

The most active investor in the UAE’s most well-funded tech startups, by number of deals, is the venture firm Wamda Capital, followed by BECO Capital and then STC Ventures.

For the complete list of companies in this brief including their individual total disclosed funding amounts and investors, see the table under the key insights section below the infographic.

Key insights about these companies:

• Most (40 percent) have raised between $500,000?and $2 million.
• Half of these companies are ecommerce focused.
• All are headquartered in the Emirate of Dubai.
• Collectively, these companies have raised approximately $2.3 billion.
• The most active investor in these companies, by number of deals, is the venture firm Wamda Capital.

Track all the UAE startups in this brief and others from the MENA region on our platform

• MENA’s tech startups are rising fast. Sign up for a free trial and look for MENA Tech Startups in the?Collections tab.

The Most Well-Funded Tech Startups In The UAE 2013 – 2016 - Company: Total Disclosed Funding - Disclosed Investors.

Noon $1B

Mohamed Alabbar; Public Investment Fund of Saudi Arabia

Careem Networks $422M

Al Tayyar Travel Group; Arzan Venture Capital; BECO Capital; El Sewedy Group; Endure Capital; ImpulseVC; Lumia Capital; Rakuten; Saudi Telecom Company; SQM Frontier Management; STC Ventures; The Abraaj Group; Undisclosed Angel Investors; Wamda Capital

Souq.com $390M

Baillie Gifford & Co.; International Finance Corporation; Naspers; Standard Chartered Mid-Market Mid-Cap Fund; Tiger Global Management

Pacific Control Systems $272M

Ajman Bank; Dubai Islamic Bank; National Bank of Fujairah; National Bank of Oman; Sharjah Islamic Bank; United Arab Bank

Wadi $67M

Al Tayyar Travel Group

Bayut $29M

Undisclosed Investors

Propertyfinder.ae $20M

Catcha Media; Frontier Digital Ventures; Vostok New Ventures

Fetchr $11M

Delta Partners; Endeavor Global; Mobily Ventures; New Enterprise Associates; TriplePoint Capital; Winklevoss Capital

The Luxury Closet $10M

Arzan Venture Capital; Dubai Silicon Oasis Capital; equitrust AG; MENA Venture Investments; Middle East Venture Partners; Saned Partners; twofour54; Wamda Capital

HolidayME $7M

Accel Partners; Al Sanie Group

Compareit4me $5M

Dubai Silicon Oasis Capital; Mulverhill Associates; Saned Partners; STC Ventures; Wamda Capital

Reserveout $5M

500 Startups; iMENA Group; Jisr Venture Partners; Silicon Badia

Wysada $5M

Gulf Cooperation Council; Kingdom of Saudi Arabia; MENA Venture Investments; Silicon Badia

Bayzat $5M

BECO Capital; Precinct Partners

Mini Exchange $4M

Undisclosed Angel Investors; Undisclosed Investors

JadoPado $4M

BECO Capital

ikoo $3M

STC Ventures

MoveSouq $3M

Addventure

Brndstr $2M

Funsho International

Qordoba $2M

MENA Venture Investments; Silicon Oasis Investments

Fabogo $2M

Dunamis Ventures; Undisclosed Angel Investors

GlamBox Middle East $1.4M

Initial Capital; MBC Investments; R&R Venture Partners; STC Ventures

Souqalmal $1.2M

Hummingbird Ventures

TaskSpotting $1.2M

MENA Venture Investments

mrUsta $1.1M

Amjad Ahmad; Millennial Partners & Co; Precinct Partners

Potential $1M

Middle East Venture Partners

Wrappup $800K

500 Startups; Arzan Venture Capital; BECO Capital; Dubai Silicon Oasis Capital; Hala Fadel; Odin Financial Advisors; Womena

OfficeRock.com $800K

Jabbar Internet Group; Wamda Capital

Boxit $700K

Abed Shaheen; Arzan Venture Capital; EquiTrust; In5; Nader Museitif; Saad Mouasher; Sabah al Bader; Sheikh Hamad Jaber Al Ahamad Al Jaber Al Sabah; Wamda Capital

UrbanBuz $700K

Undisclosed Investors

GEEKS $600K

EquiTrust; Rabea Ataya; Wamda Capital

Lunch:on $500K

Arzan Venture Capital; Undisclosed Angel Investors; Wamda Capital

Posted By Saeed Al Hasan .AI ??

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