Iran's innovation ecosystem: where it stands and where it is going

A survey of the Iranian innovation ecosystem: how many startups, how much investment, and which fields are leading.

The country's innovation ecosystem has passed through its formation years and entered a period of consolidation.

The overall picture

There are fewer active teams, but their average quality has risen — the pattern every ecosystem shows after a period of rapid growth.

  • More focus on real revenue than on user growth
  • A shift from consumer services to enterprise solutions
  • A larger role for corporate investors

What is missing

Growth-stage capital. Teams that make it past the early stage have limited options for the next round, and that puts a ceiling on how far they grow.

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