Middle East – AI & ML Industry Outlook
Middle East AI & ML Market Map
Artificial Intelligence and Machine Learning
Overview
11
3
8
14
13
14
1
1
1
2014 2015 2016 2017 2018 2019 2020
PE VC M&A
Investments Over Time - Deal Count
100
Companies
173
Deals
117
Investors
16
Exits
Companies to Watch
Most Capital Raised
Nybl
Total Raised: $5M
Last Deal Type: Angel
Et3arraf
Total Raised: $2.23M
Last Deal Type: Early Stg.
Vispera
Total Raised: $2M
Last Deal Type: Early Stg.
UnitX
Total Raised: $2M
Last Deal Type: Seed
Tazi AI
Total Raised: $1.6M
Last Deal Type: Early Stg.
Derq
Total Raised: $1.6M
Last Deal Type: Early Stg.
New Entrants
Nala.ai
Founded: 2019
Tavan
Founded: 2019
Most Likely Fundraising
Neotic AI Platform
Last Post Money Valuation: $300K
Last Deal Type: Seed
Time Since Last Deal: 20 Months
Elevatus
Founded: 2018
Tachy Health
Founded: 2018
Ulka Fin
Founded: 2018
Watopedia
Founded: 2018
Anatolian Technologies
Last Post Money Valuation: $3.2M
Last Deal Type: Seed
Time Since Last Deal: 43 Months
Top Players
Investors
ITU ARI Teknokent
Deal Count: 9
Bery Tech
Deal Count: 6
Arzan Venture Capital
Deal Count: 5
500 Startups
Deal Count: 5
Startup Bootcamp
Deal Count: 5
Wamda Capital
Deal Count: 4
Private Companies
Vispera
Last Valuation: $12M
Last Deal Type: Early Stg.
OmmaSign
Last Valuation: $7.93M
Last Deal Type: Series A
Anatolian Technologies
Last Valuation: $3.2M
Last Deal Type: Seed
Iugo Technoloji
Last Valuation: $4.5M
Last Deal Type: Early Stg.
Kunduz
Last Valuation: $1.7M
Last Deal Type: Early Stg.
Bank Buddy
Last Valuation: $1.25M
Last Deal Type: Grant
Assesco
Deal Count: 2
Acquirers
Havas Group
Deal Count: 1
Voicea
Deal Count: 1
Revenues from AI in Middle East and Africa
$40.95M
$66.06M
$105.33M
$165.93M
$257.27M
$390.16M
$573.91M
$811.86M
$1097.51M
$1414.36M
2016 2017 2018 2019 2020E 2021E 2022E 2023E 2024E 2025E
Revenues from the artificial intelligence market in the Middle East and Africa, from 2016 to 2025
Source: Statista
• The statistic shows the size of the Middle Eastern and African market for artificial
intelligence, from 2016 to 2025. In 2020, the AI market in the Middle East and
Africa is estimated to be worth around 257.27 million U.S. dollars.
• Artificial intelligence technologies are being used in a variety of situations across
consumer, enterprise, and government markets. The term is currently used to
refer to a variety of technologies, such as machine learning and natural language
processing.
2030 Projections - Which regions will gain the most from AI
https://plus.investera.com/report/meai
Access Full Report at the below link
The average annual growth in the contribution of AI by region between 2018-2030
https://plus.investera.com/report/meai
Access Full Report at the below link
Contribution of AI to GDP by regions, 2030
https://plus.investera.com/report/meai
Access Full Report at the below link
Contribution of AI to industry in 2030
https://plus.investera.com/report/meai
Access Full Report at the below link
Current State of AI in Middle East – What do executives say?
https://plus.investera.com/report/meai
Access Full Report at the below link
Current State of AI in Middle East - Value of AI
https://plus.investera.com/report/meai
Access Full Report at the below link
Current State of AI in Middle East - Roadblocks to AI implementation
https://plus.investera.com/report/meai
Access Full Report at the below link
Global Revenues from AI and ML Industry
https://plus.investera.com/report/meai
Access Full Report at the below link
AI Startup Funding Reaches Record High Globally
https://plus.investera.com/report/meai
Access Full Report at the below link
Middle East AI and ML Investment Report

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Middle East AI and ML Investment Report

  • 1. Middle East – AI & ML Industry Outlook
  • 2. Middle East AI & ML Market Map Artificial Intelligence and Machine Learning
  • 3. Overview 11 3 8 14 13 14 1 1 1 2014 2015 2016 2017 2018 2019 2020 PE VC M&A Investments Over Time - Deal Count 100 Companies 173 Deals 117 Investors 16 Exits
  • 4. Companies to Watch Most Capital Raised Nybl Total Raised: $5M Last Deal Type: Angel Et3arraf Total Raised: $2.23M Last Deal Type: Early Stg. Vispera Total Raised: $2M Last Deal Type: Early Stg. UnitX Total Raised: $2M Last Deal Type: Seed Tazi AI Total Raised: $1.6M Last Deal Type: Early Stg. Derq Total Raised: $1.6M Last Deal Type: Early Stg. New Entrants Nala.ai Founded: 2019 Tavan Founded: 2019 Most Likely Fundraising Neotic AI Platform Last Post Money Valuation: $300K Last Deal Type: Seed Time Since Last Deal: 20 Months Elevatus Founded: 2018 Tachy Health Founded: 2018 Ulka Fin Founded: 2018 Watopedia Founded: 2018 Anatolian Technologies Last Post Money Valuation: $3.2M Last Deal Type: Seed Time Since Last Deal: 43 Months
  • 5. Top Players Investors ITU ARI Teknokent Deal Count: 9 Bery Tech Deal Count: 6 Arzan Venture Capital Deal Count: 5 500 Startups Deal Count: 5 Startup Bootcamp Deal Count: 5 Wamda Capital Deal Count: 4 Private Companies Vispera Last Valuation: $12M Last Deal Type: Early Stg. OmmaSign Last Valuation: $7.93M Last Deal Type: Series A Anatolian Technologies Last Valuation: $3.2M Last Deal Type: Seed Iugo Technoloji Last Valuation: $4.5M Last Deal Type: Early Stg. Kunduz Last Valuation: $1.7M Last Deal Type: Early Stg. Bank Buddy Last Valuation: $1.25M Last Deal Type: Grant Assesco Deal Count: 2 Acquirers Havas Group Deal Count: 1 Voicea Deal Count: 1
  • 6. Revenues from AI in Middle East and Africa $40.95M $66.06M $105.33M $165.93M $257.27M $390.16M $573.91M $811.86M $1097.51M $1414.36M 2016 2017 2018 2019 2020E 2021E 2022E 2023E 2024E 2025E Revenues from the artificial intelligence market in the Middle East and Africa, from 2016 to 2025 Source: Statista • The statistic shows the size of the Middle Eastern and African market for artificial intelligence, from 2016 to 2025. In 2020, the AI market in the Middle East and Africa is estimated to be worth around 257.27 million U.S. dollars. • Artificial intelligence technologies are being used in a variety of situations across consumer, enterprise, and government markets. The term is currently used to refer to a variety of technologies, such as machine learning and natural language processing.
  • 7. 2030 Projections - Which regions will gain the most from AI https://plus.investera.com/report/meai Access Full Report at the below link
  • 8. The average annual growth in the contribution of AI by region between 2018-2030 https://plus.investera.com/report/meai Access Full Report at the below link
  • 9. Contribution of AI to GDP by regions, 2030 https://plus.investera.com/report/meai Access Full Report at the below link
  • 10. Contribution of AI to industry in 2030 https://plus.investera.com/report/meai Access Full Report at the below link
  • 11. Current State of AI in Middle East – What do executives say? https://plus.investera.com/report/meai Access Full Report at the below link
  • 12. Current State of AI in Middle East - Value of AI https://plus.investera.com/report/meai Access Full Report at the below link
  • 13. Current State of AI in Middle East - Roadblocks to AI implementation https://plus.investera.com/report/meai Access Full Report at the below link
  • 14. Global Revenues from AI and ML Industry https://plus.investera.com/report/meai Access Full Report at the below link
  • 15. AI Startup Funding Reaches Record High Globally https://plus.investera.com/report/meai Access Full Report at the below link