In the first three months of 2022 (January to March), 15 deals raised a total of $163 million in funding. From 2015 to 2022, Pakistani startups has raised a total of $728 million out of 272 deals.
Many of these totals come from large seed rounds and Series B funding and point to a trend towards 2022 quickly surpassing late 2021 performance in Pakistan.
A variety of deals with local and international investors still make up the bulk of the capital raised ($122 million).
E-commerce transactions accounted for 60% of total funds raised in the quarter ($202 million), but only 31% of total transactions. Fintech transactions accounted for 27% of total funds raised this quarter, or 17. $0 million, with 30% of the total transaction amount. meanwhile, a trucking and logistics startup raises $13 million
2021 has been the best year for Pakistani startups with 81 deals worth $350 million signed.
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