Wamda

Egypt

Endure Capital closes first round of $50 million fund

Egypt-based Endure Capital has completed the first close of its new $50 million fund to invest in early-stage startups across Africa....

Endure Capital MSMEDA Endure 21

Egypt

Flat6Labs, SANAD launch agritech accelerator in Egypt

Egypt-based VC Flat6labs and SANAD Entrepreneurship Academy have launched an agritech accelerator programme to assist 10 to 12 startups...

Flat6Labs SANAD Agriculture

Egypt

Egyptian car service app 3atlana closes Seed round

Egypt-based car service app 3atlana, has raised a six-figure Seed round from Egypt’s automotive company Ghabbour Auto. Founded...

3atlana Ghabbour Auto autotech

Egypt

Egypt's el-dokan raises $550,000 pre-Seed round

Egypt-based el-dokan, a company that specialises in enterprise e-commerce solutions, has raised a $550,000 pre-Seed round led by a group...

el-dokan

Egypt

Carzami raises pre-Seed investment from Contact Financial Holding

Egypt-based second-hand cars marketplace Carzami has raised a pre-Seed round led by Contact Financial Holding. The amount raised was not...

Carzami Contact Financial Holding autotech

Egypt

Egypt’s mental health startup Shezlong expands to South Africa

Egypt-based healthtech startup Shezlong, has announced the expansion of its business to South Africa under the brand name of...

shezlong

Egypt

Edtech Emonovo raises bridge round to grow its platform matching students with universities

Egypt-based edtech Emonovo (formerly MARJA3), has raised a new bridge led by angel investors from across the Middle East and North...

Emonovo

Egypt

Why is Grubtech shifting its focus to Egypt?

The foodtech space remains one of the most dynamic in the Middle East, thanks to the region’s insatiable appetite for food delivery...

GrubTech

Egypt

KarmSolar announces new minority stake round

Egypt-based solar energy company KarmSolar, has initiated a round of capital increase, supported by US-based Synergy Consulting as the...

KarmSolar solar energy Synergy Consulting

Egypt

Egypt’s Zeew raises $630,000 Seed

The enterprise software as a service (SaaS) sector is one of the rising stars of the Egyptian startup ecosystem, with more companies...

Zeew

Egypt

Egypt's SubsBase closes $2.4 million seed round

Egypt-based subscription and recurring revenue management platform SubsBase has closed its Seed round at $2.4 million, led by Global...

SubsBase Global Ventures wamda x

Egypt

OBM raises second round of investment from EdVentures

Egypt-based edtech OBM has raised a six-digit sum from EdVentures in the second round of investment. Founded in 2020 by Omar...

OBM EdVentures EdTech

Egypt

Egypt’s ArabyAds raises $30 million pre-Series B funding

Egypt-born and UAE-headquartered advertising technology company ArabyAds, has raised $30 million in pre-Series B funding from...

ArabyAds Advertising

Egypt

Egyptian startups pull trigger on layoffs amid growing uncertainty and funding crunch

The year 2022 has been nothing but a mixed bag for Egypt’s technology and startup sector. On the one hand, the local ecosystem has...

Egypt

Restaurant management platform BONBELL raises $350,000

Egypt-based foodtech startup BONBELL, has raised $350,000 from a Candian angel investor. Founded in 2022 by Doaa Abdel-Hameed, BONBELL...

BONBELL

Egypt

Egyptian e-commerce Sharwa raises $2 million pre-Seed

Egypt-based social commerce platform Sharwa, has closed a $2 million pre-Seed funding round, co-led by Nuwa Capital and Hambro Perks...

Sharwa Nuwa capital Hambro Perks Oryx Fund

Egypt

Egypt’s Convertedin raises $3 million Seed round

Egypt-based marketing platform Convertedin, has raised a $3 million Seed round, led by Saudi Arabia-headquartered Merak Capital, with...

Convertedin Merak Capital

Egypt

OneOrder receives $6.5 million from Contact Factoring

Egypt-based OneOrder, a B2B e-commerce startup catering to the restaurant and hospitality sector, has signed an investment agreement...

OneOrder

Egypt

SWVL suspends $100 million acquisition of UK’s Zeelo

Dubai-headquartered transport and mobility solutions provider SWVL, has canceled the proposed acquisition of Zeelo, a...

Swvl

Egypt

Homzmart raises $23 million pre-Series B round

Egypt-based furniture and home supplies marketplace Homzmart, has raised a $23 million pre-Series B round from STV, Impact46, Outliers...

Homzmart

Egypt

Openner launches Web3-focused Qurious Labs

Egypt-based VC firm Openner has launched Qurious Labs, a Web3-focused venture studio, to help develop markets and aid them to access the...

Openner Qurious Labs Web 3.0

Egypt

Egypt’s fashion marketplace TFK closes $2.6 million Seed round

Egypt-based fashion marketplace The Fashion Kingdom (TFK), has raised a $2.6 million Seed funding round, co-led by CVentures and A15,...

TFK The Fashion Kingdom Cventures

Egypt

Creative Dock acquires FoundersLane, plans to invest €100 million in Mena startups

Berlin-based corporate venture builder FoundersLane, which was recently acquired by Creative Dock Group (CDG), has expanded its operations...

FoundersLane MNT-Halan

Egypt

Egypt’s Cartona raises $12 million Series A round

Egypt-based B2B e-commerce platform Cartona, has closed its $12 million Series A fundraise led by Silicon Badia, with the participation...

Cartona silicon badia

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