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Analysis

January 9, 2025

Gulf investment into European tech halved in 2024

Here are the Gulf investors that backed the most European tech companies last year — featuring a whole lot of crypto


Freya Pratty

3 min read

Luxury yachts parked on the pier in Dubai Marina bay with city view

Gulf countries are home to some of the world’s richest sovereign wealth funds and best-capitalised CVCs. Despite that, funding from the region into European tech halved in 2024, down 51% to $1.7bn, according to Dealroom.

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Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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