VC investments in emerging markets such as the MENA plummeted by over 40% compared to 2023, according to a new report. Funding levels in 2024 were still higher than they were in 2020, meaning venture interest in the region continues to grow—provided you account for the surge in the boom years of 2021 and 2022. And 47% of all investments were in the $1 million to $5 million range, signaling a shift to early-stage investments.