A total of 31 Private Equity/Venture Financing deals (pending and completed) were announced in the Middle East and Africa region, driven by Internet of Things, in the last twelve months resulting in a total deal value of over $963.1 million. In the LTM period, July 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $211.0 million, resulting in an average deal value of $105.5 million during that month. On the other hand, the month of June 2021 was the most prolific in terms of deal volume, recording a total of 6 deals, resulting in an average deal value of $15.7 million during that month.
Of the 31 deals, the deal secured between 83North Venture Capital; Amazon Web Services Inc; Avery Dennison Corp; Darmstadt University of Technology; Grove Ventures; M Ventures; Maersk Growth; Merck KGaA; Norwest Venture Partners; NTT Docomo Ventures Inc; Qualcomm Ventures; Samsung Venture Investment Company; SoftBank Vision Fund 2; Verizon Ventures LLC; Vintage Investment Partners and Wiliot Inc., was the largest Private Equity/Venture Financing deal in the Middle East and Africa driven by Internet of Things, which was valued at $200.0 million and was completed on July 27, 2021. The second-largest deal was between Atreides Capital; Battery Ventures LP; Bessemer Venture Partners; Claltech; GLy Capital Management Ltd; KDT AG; Koch Disruptive Technologies; Regal Four and Vayyar Imaging Ltd, while the third-largest deal was between Allied Group Ltd; Deep Insight Inc; Discount Capital Ltd; Grove Ventures; Intel Capital Corp; M&G Investments; Marius Nacht; Porsche Ventures; Samsung Ventures Investment Corporation; Tawazun Strategic Development Fund; Varana Capital LLC and TriEye Ltd. The Atreides Capital; Battery Ventures LP; Bessemer Venture Partners; Claltech; GLy Capital Management Ltd; KDT AG; Koch Disruptive Technologies; Regal Four-Vayyar Imaging Ltd deal and the Allied Group Ltd; Deep Insight Inc; Discount Capital Ltd; Grove Ventures; Intel Capital Corp; M&G Investments; Marius Nacht; Porsche Ventures; Samsung Ventures Investment Corporation; Tawazun Strategic Development Fund; Varana Capital LLC-TriEye Ltd deal were valued at $108.0 million and $74.0 million, respectively. The fourth-largest deal was between Battery Ventures LP; Intel Capital (Cayman) Corporation; Pitango Venture Capital; Saban Ventures; Vertex Ventures HC-Nexite valued at $67.0 million, whereas the deal between Aspect Ventures; Citi Ventures Inc; General Motors Ventures LLC; Greenfield Partners LLC; Maor Investments LLC; Singtel Innov8 Ventures Pte Ltd; StageOne Ventures; Vintage Investment Partners-Silverfort Inc valued at $65.0 million was the fifth-largest deal.
Cumulatively, the top five deals amounted to $514.0 million and accounted for nearly 53.37% of the total deals (by value) announced during the last twelve months. The Middle East and Africa region accounted for 2.41% of the total Private Equity/Venture Financing deals done globally, and accounted for 4.85% of the total deal size on a global scale.
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