根据风险投资追踪机构MAGNiTT的数据，阿联酋和沙特阿拉伯占了今年前九个月地区初创企业融资总额29.8亿美元的近90%。这两个国家还承担了每笔1亿美元或以上融资轮次的全部。地区融资总额下降了7%，交易数量减少了三分之一。
The UAE and Saudi Arabia accounted for almost 90% of the $2.98 billion that regional startups raised in the first nine months of the year, according to venture capital tracker MAGNiTT. The two countries were also responsible for every round of $100 million or more. Regional funding fell 7%, and the number of deals dropped by a third.
剔除这些大额融资轮次后，形势黯淡。大部分资金流向了一些已经证明自身价值的少数金融科技和物流公司。早期阶段的交易变得稀少，这导致准备在2027年进行增长轮融资的公司减少。海湾地区的资金正在填补其他投资者留下的空缺：地区外的投资者希望知道他们能够将资金撤出，而目前这一点很难实现，因为被收购的初创企业变少了。
Take out the big rounds and the picture is bleak. Most of the money went to a handful of fintech and logistics companies that have already proven themselves. Early-stage deals have thinned out, which leaves fewer companies ready for growth rounds in 2027. Gulf money is filling the gap that other investors left: Investors from outside the region want to know they can get their money out, and right now that’s hard, with fewer startups being bought.
