Egypt Egypt’s Nowlun closes $1.7 million Seed round Egypt-based logistics startup Nowlun has raised $1.7 million in seed funding, led by Nama Ventures and A15, with participation from... News • 02 December, 2024 Nowlun Logistics freight
Egypt Egypt’s Sylndr lands $7.5 million capital facility tailored by EFG Hermes Egypt-based online marketplace for used cars Sylndr has secured a $7.46 million capital facility tailored specifically to the unique... News • 25 November, 2024 Sylndr EFG Hermes
Egypt Beltone leads $3 million Series A extension round for ariika Egypt-based furniture e-commerce platform ariika has raised $3 million in a Series A extension round, led by Beltone Venture Capital and... News • 21 November, 2024 ariika Beltone Venture Capital E-commerce
Egypt Egypt’s Qara secures $2.6 million to propel KSA expansion plans Egypt-based supply chain startup Qara has closed a $2.6 million funding round from undisclosed investors. Founded in... News • 18 November, 2024 Qara Supply chain
Egypt Amenli cashes in new investment of $2.3 million Egypt-based insurtech broker Amenli has secured a new funding round of $2.3 million, led by the European Bank for Reconstruction and... News • 18 November, 2024 Amenli Insurtech EBRD
Egypt Efreshli closes seed round led by Algebra Ventures Egypt-based interior design startup Efreshli has raised a Seed round at unknown value, led by Algebra Ventures, with participation from... News • 13 November, 2024 Efreshli E-commerce interior design
Egypt Teradix wins $140,000 grant from TAQADAM to fuel Saudi expansion Egypt-based e-procurement solutions provider Teradix has been awarded a $140,000 grant from TAQADAM Accelerator programme at King... News • 05 November, 2024 Teradix TAQADAM Accelerator SAAS
Egypt T-Vencubator announces Tafweela as inaugural venture-building project Egypt-based VC-incubator T-Vencubator has announced the Egyptian fintech, Tafweela, as its inaugural venture-building project. Founded... News • 05 November, 2024 T-Vencubator Tafweela
Egypt Entlaq's new report highlights Egypt's agritech potential Egypt’s agricultural exports are projected to hit $14 billion by 2030, according to Entlaq’s report titled “The... News • 30 October, 2024 Entlaq agritech
Egypt South Africa’s Pargo expands to Egypt with $4 million fresh investment South Africa-based e-commerce logistics startup Pargo has expanded into the Egyptian market after raising $4 million in investment, led... News • 24 October, 2024 Pargo Logistics E-commerce
Egypt Sawari Ventures targets raising $200 million for second fund The Egypt-based venture capital firm Sawari Ventures will launch its second fund in early 2025 with a target of $200... News • 24 October, 2024 Sawari Ventures
Egypt Egypt's Viridia Tech wins 2024 Mega Green Accelerator grand prize Egypt-based agritech Viridia Tech has been named the overall winner of the 2024 Mega Green Accelerator, awarded the $100,000 grand prize... News • 23 October, 2024 Viridia Tech 2024 Mega Green Accelerator Pepsico
Egypt Rabbit Mobility raises $1.3 million to fuel expansion plans Egypt-based micromobility platform Rabbit Mobility has closed a $1.3 million investment round, led by 500 Global and Untapped Global,... News • 15 October, 2024 Rabbit Mobility micromobility
Egypt Egypt's WellPal relocates to Saudi Arabia with fresh funding in hand Egyptian e-commerce platform for health products, WellPal, has relocated to Saudi Arabia after securing an undisclosed investment round... News • 14 October, 2024 WellPal E-commerce health and fitness
Egypt Saudi q-commerce Nana acquires Rasseed app Saudi Arabia-based dark store grocery delivery startup Nana has acquired Rasseed application for an undisclosed value. Founded in 2016... News • 08 October, 2024 Nana Raseedi
Egypt Entlaq partners with Savannah to suppoert Sudanese entrepreneurs in Egypt Entlaq, an Egypt-based entrepreneurial think tank, has partnered with Savannah, a Sudanese incubator, to support Sudanese migrants and... News • 03 October, 2024 Entlaq Savannah
Egypt Bokra, CIC launch $207,000 fund to back entrepreneurial students Egypt-based fintech Bokra and the Canadian International College (CIC) have jointly launched a $207,000 fund to back Egyptian students... News • 30 September, 2024 Bokra Academy Bokra CIC
Egypt EdVentures selects eight Egyptian edtech startups to support Egypt-based EdVentures, the VC arm of Nahdet Misr Group specialising in edtech, has invested in eight new edtech startups. The eight... News • 26 September, 2024 EdVentures EdTech
Egypt Egypt's Entrepreneur Awards announces winners of 2024 edition Egypt’s Entrepreneur Awards (EEA) has celebrated the closing of the fourth edition of its annual contest, where 15 Egyptian... News • 23 September, 2024 EEA Egypt's Entrepreneur Awards
Egypt Egypt’s SETTLE secures $2 million pre-Seed Egypt-based fintech SETTLE has raised a $2 million pre-Seed round, led by Shorooq Partners, with support from El Sewedy Capital Holding,... News • 18 September, 2024 SETTLE Fintech Shorooq Partners
Egypt Egyptian edtech Farid secures $250,000 pre-Seed Egypt-based edtech Farid has raised $250,000 in a pre-Seed funding round from Saudi businesswoman Amal bint Abdulaziz... News • 18 September, 2024 Farid EdTech
Egypt Egyptian businessmen launch $42 million NextEra to transform educational landscape A coalition between EYouth and a list of Egyptian businessmen, including Mohamed Farouk, Ahmed Tarek, Mustafa Abd Ellatif and Mokhtar... News • 16 September, 2024 NextEra Education EYouth Education
Egypt Sultan Ventures acquires Acasia Group to extend foothold in MENA US-based VC firm Sultan Ventures has acquired the Egyptian angel investment syndicate and incubator, Acasia Group, for an unknown... News • 16 September, 2024 Sultan Ventures Acasia Group
Egypt Paymob secures an extra $22 million for Series B round Egypt-based fintech Paymob has raised a $22 million Series B extension round, bringing the company’s total Series B funding to $72... News • 11 September, 2024 Paymob Fintech EBRD Venture Capital