Egypt Mohamed El-Sewedy acquires Magma via Averroes Ventures Egypt-based Magma, a manufacturer of sportswear, has been fully acquired by its incumbent CEO Mohamed El-Sewedy via venture capital firm... News • 20 July, 2022 Magma
Egypt Stllr Network raises six-figure investment round Egypt-based Stllr Network has closed a six-figure investment from 500 Global and angel investors through Women Spark and Falak... News • 18 July, 2022 Stllr Network Falak Angels 500 Global
Egypt Fuelin: enabling fleet managers in Egypt to cut fuel costs Increased digitisation in Egypt and the rise in smartphone adoption has pushed the demand for transportation services, whether this relates... Dunya Hassanein • 03 July, 2022 Logistics Last mile Fuelin
Egypt MNT-Halan closes $150 million securitised bond issuance Tasaheel, a wholly-owned subsidiary of Egypt-based fintech superapp MNT-Halan, has closed a securitised bond issuance of $150 million,... News • 30 June, 2022 Halan Tasaheel
Egypt MNT-Halan acquires Talabeyah for undisclosed amount Egypt-based fintech MNT-Halan has acquired B2B e-commerce platform Talabeyah for an undisclosed amount. Founded in 2017 by Mounir... News • 23 June, 2022 MNT-Halan Talabeyah FMCG
Egypt AI startup Synapse Analytics raises $2 million pre-Series A round Egypt-based AI tech startup Synapse Analytics, has raised $2 million in a pre-Series A funding round led by Egypt Ventures, with... News • 22 June, 2022 Synapse Analytics Egypt Ventures AI
Egypt Disruptech secures funding from AXIAN Group Egypt-based Disruptech, a fintech-focused VC fund, has secured funding from Madagascar-based AXIAN Group. The deal will enable... News • 21 June, 2022 Disruptech
Egypt Saudi’s T2 signs investment agreements with Fawry, Khazna, Khwarizmi Ventures Saudi Arabia-based Business Research and Development Company (T2) signed an investment and partnership agreement with Egypt’s... News • 21 June, 2022 Mohammed Bin Salman Khazna fawry
Egypt valU sells minority stake to Alhokair family Egypt-based fintech valU has sold a minority stake of 4.99 per cent to members of Saudi Arabia’s Alhokair family for $12.4... News • 21 June, 2022 valu Alhokair EFG Hermes
Egypt EFG Hermes' Tanmeyah acquires B2B marketplace Fatura Egypt-based Tanmeyah for Microfinance Services, a subsidiary of EFG Hermes Holding, has acquired Fatura, a provider of B2B e-commerce... News • 17 June, 2022 Fatura
Egypt Egypt's Boyot raises fresh funding to digitise real estate payments Egypt-based Boyot has raised a pre-Seed round from a Kuwait-based real estate firm. Founded in 2020 by Mahmoud El Sabongy (CEO) and... Dunya Hassanein • 16 June, 2022 Boyot
Egypt Egypt’s Khazenly raises $2.5 million Seed round Egypt-based logistics platform Khazenly, has fundraised a $2.5 million Seed round, co-led by Arzan Venture Capital and Shorooq Partners,... News • 15 June, 2022 Khazenly Arzan Venture Capital Shorooq Partners
Egypt Egyptian marketplace for toys Tasala shuts down due to import restrictions The ongoing war in Ukraine and the ensuing economic fallout have sent shockwaves across the financial global markets amid rising... Dunya Hassanein • 13 June, 2022 E-ommerce inflation Tasala
Egypt The Cairo Angels invests in Nigerian fintech CredPal Egypt-based VC fund The Cairo Angels Syndicate Fund (CASF) has invested an unknown amount in the Nigerian fintech CredPal, which is... News • 13 June, 2022 CredPal Cairo Angles CASF
Egypt Petcare provider Vetwork raises Bridge round Egypt-based petcare platform Vetwork has raised a Bridge round from several investors from Saudi Arabia and members of the Alexandria... News • 13 June, 2022 Vetwork Alexandria Angel Network
Egypt DXwand raises $1 million pre-Series A round Egypt-based AI startup DXwand has closed a pre-Series A investment round of $1 million, led by Huashan Capital, US-based VC firm SOSV,... News • 12 June, 2022 DXwand AI Huashan Capital
Egypt ADVA secures six-figure Seed round from Sawari Ventures Egypt-based fintech ADVA has raised an undisclosed "six-digit figure" Seed round from Sawari Ventures. Founded in 2020 by... News • 09 June, 2022 ADVA
Egypt Egypt’s Nice Deer raises $1 million pre-Seed round Egypt-based insurtech Nice Deer has raised a $1 million pre-Seed funding round led by DisrupTech Ventures. Founded in early 2022 by... News • 07 June, 2022 Nice Deer Insurtech healthtech
Egypt valU expands to Saudi market through partnership with Alhokair Egypt-based fintech valU, has extended its services to Saudi Arabia through a partnership with FAS Labs, owned by Fawaz Abdulaziz... News • 06 June, 2022 valu BNPL Alhokair
Egypt Egypt’s Appetito acquires Tunisia’s Lamma Egypt-based q-commerce Appetito has acquired Tunisia’s Lamma to expand operations in Morocco, Tunisia and West Africa for an... News • 01 June, 2022 Appetito Lamma q-commerce
Egypt Grubtech expands to Egypt UAE-headquartered foodtech startup Grubtech, has announced its expansion to Egypt, planning to invest $5 million into operations over... News • 01 June, 2022 GrubTech
Egypt Egypt’s CASF invests in South Africa’s Finclusion Group Egypt-based micro VC fund The Cairo Angels Syndicate Fund (CASF) has invested an undisclosed amount in the South Africa-based fintech... News • 30 May, 2022 CASF Cairo Angels Syndicate Fund Fincusion Group
Egypt Gooo Delivery raises pre-Seed round Egypt-based on-demand delivery startup Gooo Delivery has closed a pre-Seed round. The amount raised was not disclosed. Founded in 2020... News • 26 May, 2022 Gooo Delivery Delivery
Egypt Natrify raises pre-Seed round to develop biodegradable plastics Egypt-based biotechnology startup Natrify, has raised a six-figure pre-Seed round from Ambo ventures, a recently launched,... News • 26 May, 2022 Natrify