- MENA startups can enhance their investment pitches by proving customer demand and conducting thorough competitor research, according to Tech Invest Com's Attar.
- Attar emphasized that founders must demonstrate market need for their products, suggesting that evidence such as contracts and customer discussions can bridge the gap between an idea and a viable business.
- In the first half of 2026, only 214 venture transactions were completed in the MENA region, marking a 41 percent decline year on year, according to MAGNiTT.
- Funding in the MENA region has become more concentrated, with the 10 largest transactions accounting for 58 percent of the $1.35 billion invested during this period.
- Attar noted that many founders undermine their credibility by claiming they have no competitors, which can indicate a lack of market research.
- He warned that approaching investors with the mindset of ‘no one’s like us’ is detrimental to securing funding.
- Attar advised that founders should not view funding as the starting point for their business, but rather show that customers recognize the problem and are willing to engage with the proposed solution.
- Tech Invest Com is particularly interested in AI-enabled companies, but emphasizes that the presence of AI alone does not make a compelling investment case.
- The firm focuses on commercialization and expects startups to show they can sell their solutions effectively.
- Attar highlighted that many businesses developing deep-technology products still struggle to communicate their value to customers.
Tech Invest Com's Attar highlights critical strategies for MENA startups to improve their investment pitches, stressing the importance of demonstrating customer demand and conducting thorough competitor research. He notes that many founders approach investors without adequate preparation, which can undermine their credibility.1
Attar states, “You have to prove to the market that what you’re building is actually much needed,” suggesting that evidence such as contracts, a customer pipeline, and tests of a minimum viable product are essential. He warns against the common mistake of claiming a lack of competitors, which can indicate insufficient market research. “Coming in with the blindness of ‘no one’s like us’ is the worst thing you can do,” he adds.256

The venture capital landscape in the MENA region is challenging, with only 214 venture transactions completed in the first half of 2026, a 41 percent year-on-year decline to the lowest level since at least 2022, according to MAGNiTT. Funding has also become more concentrated, with the 10 largest transactions accounting for 58 percent of the $1.35 billion invested during this period.347
Attar emphasizes that startups should not view funding as the starting point for building their companies. Instead, they should focus on reducing adoption barriers and demonstrating that customers recognize the problem and are willing to engage with the proposed solution. “Many of the startups feel that ‘I’m going to stay until funding comes,’ and that’s the worst thing you can do,” he cautions.
“Across MENA, only 214 venture transactions closed in H1 2026, a 41% year-on-year decline, as the top 10 deals accounted for 58% of the $1.35B invested. Attar said qualified startups are harder to find because many promising founders operate within established professional networks.”
