Wamda

Egypt

Egypt’s Rology acquires Saudi Arabia-based Arkan United

Egypt-based healthtech Rology has acquired Saudi Arabian counterpart Arkan United. The value of the transaction was not disclosed. The...

Rology

Egypt

Egypt’s CardoO raises $600,00 round and launches IoT-enabled smartwatch

Egypt-based startup CardoO has launched its Internet of Things (IoT)-enabled smartwatch after securing $660,000 in funding. The round...

CardoO Alexandria Angel Network

Egypt

The startup braving the odds in Upper Egypt

Opportunities for young graduates are limited in Upper Egypt, that is in the southern governorates of the country, which account for some...

Upper Egypt Sal7lyy

Egypt

Acasia Ventures leads Balad’s seven-figure pre-Seed round

Egypt-based fintech Balad has raised a seven-figure pre-Seed round led by Acasia Ventures. Other investors in the round included Launch...

Acasia Ventures Balad Fintech

Egypt

Morni invests in Egypt’s Helpoo

Saudi Arabia-based mobility solutions platform Morni, has invested in its Egyptian counterpart, Helpoo. The deal, whose value is...

Morni Helpoo Exits.me

Egypt

Egypt-based VC DisrupTech raises $5 million investment from Proparco

Egypt-based VC fund DisrupTech Ventures has received a $5 million investment from Proparco. Founded in 2021, DisrupTech is an...

Disruptech Proparco

Egypt

Nigeria-based Autochek acquires majority stake in Egypt’s Autotager

Nigeria-based car financing platform Autocheck, has acquired a majority stake in Egypt's used cars marketplace, AutoTager, which was...

AutoCheck AutoTager

Egypt

Acasia Angels invests in Greek startup Swaplanet

Egypt-based Acasia Angels has joined the €485,000 ($529,000) pre-Seed investment round in the Greece-based retail apparel swap...

Acasia Angels Swaplanet

Egypt

Camel Ventures launches $16 million fund to back fintech in Egypt

Egypt-based Camel Ventures has launched a $16 million VC investment vehicle “Camel Ventures for Investment I (CVI)”. The...

Camel Ventures Fintech CVI

Egypt

Acasia Ventures invests in Fez’s $1 million Seed round

Egypt-based VC firm Acasia Ventures has participated in the $1 million Seed round raised by the Lagos-based last-mile delivery platform...

Acasia Ventures Fez Last mile

Egypt

Tactful AI: Tracing the pivots before the exit

In 2016, Egyptian entrepreneur Mohamed Elmasry moved to the UK, in hopes of building a local tech product with global know-how and impact....

deeptech Tactful AI

Egypt

Egypt's economic crisis in focus at RiseUp's 10th summit

For the past decade, RiseUp has been one of the most influential startup events in Egypt and the wider Middle East and North Africa region....

RiseUp

Egypt

tabby halts operations in Egypt

UAE-based buy now and pay later (BNPL) startup tabby, has shut down its operations in Egypt five months after launching its service in the...

Tabby Fintech BNPL

Egypt

Hollydesk raises $1 million venture debt

Egypt-based fintech Hollydesk has raised $1 million in venture debt financing from unknown investors. Founded in 2020 by Mahmoud...

Hollydesk Fintech

Egypt

Can Mena adopt AI at the same speed and scale it is recommended to?

Aliah Yacoub is an AI philosopher and Farah Ghazal is an AI social scientist at Egypt-based techQualia Emerging technologies...

ChatGPT AI

Egypt

Mobile Masr raises $500,000 Seed round

Egypt-based e-commerce platform Mobile Masr has raised a $500,000 Seed round from a group of angel investors based in the UAE and Qatar,...

MobileMasr

Egypt

Yodawy raises $16 million in initial close of Series B round

Egypt-based healthtech startup Yodawy has raised $16 million in the first close of its Series B round, bringing the total amount raised...

Yodawy healthtech

Egypt

Gameball raises $3.5 million Seed round

Egypt-based marketing CRM platform Gameball, has closed a $3.5 million Seed round led by 500 Global, Africa-focused funds P1 Ventures...

Gameball 500 Global

Egypt

Career180: Helping plug the skills gap for professionals in Mena

Unemployment remains perilously high across the Middle East and North Africa region (Mena), where 70 per cent of the 283 million youth aged...

Career180 unemployment

Egypt

Egypt’s MNT-Halan raises $400 million at valuation of $1 billion

Egypt-based fintech MNT-Halan has raised up to $400 million in equity and debt financing from local and global investors. The round...

MNT-Halan Fintech Chimera Capital

Egypt

Egypt’s GBarena acquires Tunisia’s Galactech in a $15 million share swap deal

Egypt-based esports platform GBarena has acquired Tunisia’s Galactech for $15 million, in the form of a share swap. This...

Gbarena Galactech

Egypt

KarmSolar secures $3 million from HSBC to fuel Farafra Solar Grid

Egypt-based cleantech KarmSolar has received $3 million (EGP83 million) in debt financing from HSBC to finance the development of its...

KarmSolar solar energy Farafra Solar Grid

Egypt

Mahaseel Masr raises funding from EIIC

Egypt-based agritech Mahaseel Masr, has raised funding from Emirates International Investment Company (EIIC). Founded in 2020 by...

Mahaseel Masr

Egypt

Fintech Galaxy acquires Egypt’s open banking platform Underlie

UAE-based open finance platform Fintech Galaxy has acquired Underlie, an Egypt-based open banking platform offering application...

Underline Fintech Galaxy

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