Investment
- Business
NowPay Raises US$2.1 Million in Seed Investment
Cairo-based FinTech startup NowPay, a financial-wellness platform for employees in emerging markets, has announced today that the company has raised…
Read More » - Startups
Cairo-based Last-mile Delivery Startup ‘dreevo’ Raises 6 Digits USD Figure
dreevo, a last-mile delivery-focused startup has raised 6 digits USD figure in a bootstrap, pre-seed fund from EF Logistics, a…
Read More » - Tech
Amber Solutions Secures $5.5 Million in Series B
Amber Solutions, a technology innovator creating a modern hyper-intelligent electrical architecture, announced the completion of a $5.5-million Series B and…
Read More » - MENA
Iraq’s First ‘marketplace app’ Lezzoo Raises Seven-figure Seed Round
Lezzoo, the Iraqi startup for delivery and payment on-demand, is geared to become the troubled nation’s first super app, following graduation from…
Read More » - MENA
Cairo-based Fintech Startup MoneyFellows Raises US $4M in Series-A
Egyptian fintech startup MoneyFellows has raised US $4 million in a Series-A investment round from venture capital (VC) firms Partech and…
Read More » - Breaking
Online Learning Platform Abwaab Raises 2.4M in Seed Funding
Abwaab, MENA’s latest online learning platform, today announces the closing of its $2.4M pre-seed funding round. The round was kicked…
Read More » - Startups
Unlocking Potential Unicorns in MENA’s Mystery Land
Aside from the never-ending ancient archeological discoveries, Egypt is one of the fastest growing startup ecosystems in MENA. A Magnitt…
Read More » - Startups
A15 doubles down on Intouch.com investment to redefine retail experiences for MENA shoppers
The leading tech investor A15 has capitalized on its investment in Ireland-based retail personalization platform Intouch by doubling down on…
Read More » - Breaking
Silicon Valley’s Tribal Credit Eyes MENA, Closing Round to Bank Startups
Silicon Valley-based Tribal Credit started private beta testing with MENA startups and is closing a funding round that includes some…
Read More » - MENA
SeedStars visits Baghdad to find promising Iraqi startups
Seedstars World, the largest startup competition for emerging markets and fast-growing startup scenes will land for the first time in…
Read More » - Breaking
Google to Hire Cairo-Based Team
Google plans to hire a team for its Cairo office, seeking to expand its business in Egypt and implement new…
Read More » - Africa
Egyptian Transportation Startup ‘Swvl’ Raises $42 Million for African Expansion
Swvl, Egypt-based app for booking buses has raised $42 million as it plans to expand into other markets in Africa,…
Read More » - News
Brimore, retail distribution platform, raises $800k in seed funding
Brimore, the direct-selling distribution platform that connects manufacturers with consumers, announced that it has raised $800k in a seed funding…
Read More » - Startups
What Can I Do if I Don’t Have Money to Grow My Business?
Wouldn’t it be nice if growing your business was as simple as taking two aspirin? When you wake up the…
Read More » - News
Algebra Ventures partners with Ezdehar to invest in Dsquares
Algebra Ventures, Egypt’s leading venture capital fund, has partnered with Ezdehar Management, an investment management firm focused on high-growth Egyptian…
Read More » - Close-up
What MENA startups still lack to achieve their potential
A few weeks ago, my friend Hendrik Jandel wrote an article about the potential he saw in the Beirut startup…
Read More » - Breaking
Cairo-based online grocery startup ‘GoodsMart’ secures additional funding from Algebra Ventures
GoodsMart, the household shopping app that has transformed the shopping experience using unattended delivery, has announced that it has secured…
Read More » - Breaking
Top 5 Egyptian Startups That Raised Money in 2018
2018 was an amazing year for the entrepreneurship ecosystem in Egypt. As 80 startups raised investment, positioning Egypt among the…
Read More » - MENA
Top 5 Jordanian Startups That Raised Money in 2018
2018 was not bad at all for the entrepreneurship ecosystem in Jordan. It witnessed good news for 36 Jordanian startups…
Read More » - Business
Uber invests $100 million in Egypt
Uber plans to pour $100 million investments in the Egyptian market in the next five years, the ride-hailing giant said…
Read More » - Advertorial
Egypt-based ride hailing startup ‘Halan’ hits 3-million rides in one year
With over 3-million rides in one year, the on-demand ride hailing app for Tuk-tuk and motorcycle, Halan has dominated the…
Read More » - Breaking
Oasis500 appoints Luma Fawaz as Chief Executive Officer
Jordan-based seed investment company and business accelerator, Oasis500, has appointed Luma Fawaz as the Chief Executive Officer “CEO”, replacing Faisal…
Read More » - News
Flat6Labs Cairo Introduces New Offering to Entrepreneurs
Flat6Labs Cairo, the leading Startup Accelerator in Egypt, now offers startups joining its 12th Accelerator Cycle launching in January 2019…
Read More » - News
Dubai-based HolidayMe.com raises $16 million in Series C funding
HolidayMe, the Middle East’s leading Online Travel Agency, has raised $16m in Series C funding from Gobi Partners, Algebra Ventures,…
Read More » - News
Israeli Tech Startup ‘Snappy’ Raises $8.2 Million In Funding
Snappy, the company revolutionizing corporate gifting, announced that it has secured $9.7 million in funding to date, after raising $8.2…
Read More » - Business
Vezeeta raises $12 million from Saudi Technology Ventures
Egyptian digital healthcare startup Vezeeta has raised a $12 million Series C funding round led by Saudi Technology Ventures (STV).…
Read More » - Business
How AI can open up Silicon Valley to international investors
Mobile apps are detecting skin cancer. Drones are delivering aid across continents. Artificial intelligence is disrupting every aspect of our…
Read More » - News
Egyptian social media monitoring tool ‘Crowd Analyzer’ raises $1.1 million
Crowd Analyzer, the Arabic-focused social media monitoring tool, has received pre-Series A funding of $1.1 million from a group of…
Read More » - Events
500 Startups MENA gearing up to host investor day
Silicon-Valley based 500 Startups, the most active early-stage Venture Capital Fund in the Middle East and North Africa (MENA) region,…
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