Venture capital deals climbed 267 percent in emerging venture markets in 2021: Report – ArabianBusiness.com
- Date: 19-Jan-2022
- Source: Arabian Business
- Sector:Financial Markets
- Country:Middle East
Venture capital deals climbed 267 percent in emerging venture markets in 2021: Report – ArabianBusiness.com
Venture capital (VC) deals climbed to their highest level ever in emerging venture markets in 2021, increasing 267 percent compared to 2020, according to a new report.
Emerging venture markets include the Middle East, Africa, Pakistan, and Turkey.
In 2021, investment into emerging venture markets hit $6.8 billion, the inaugural edition of the MAGNiTT Emerging Venture Markets Report found, the highest level ever. The year was also a record one for mega-deals of $100 million-plus, with the number of these deals increasing 924 percent over 2020 and accounting for 42 percent of all capital raised across emerging venture markets in 2021.