Wamda

Egypt

iSchool moves beyond edtech with Rubikal acquisition

Egypt-based edtech iSchool has acquired software engineering firm Rubikal to accelerate the development of AI-powered education...

iSchool Rubikal EdTech

Egypt

Egypt's Sinai.ai raises $1.45 million pre-seed to build interactive AI-native books

Egypt-based startup Sinai.ai has raised $1.45 million in a pre-seed round, led by KAUST Innovation Ventures and DisrupTech...

Sinai.ai Maza Ventures KAUST Innovation Ventures

Egypt

PopArabia acquires Viral Wave, marking A15’s ninth exit

Egypt-based VC firm A15 has marked its ninth exit with the acquisition of its portfolio company Viral Wave by PopArabia. Founded in...

Viral Wave A15

Egypt

INVIA raises $1.2 million to build AI-powered financial OS for SMEs in Egypt

Egypt-based fintech startup INVIA has raised $1.2 million from angel investors and strategic backers. Founded in 2023 by Yehia Ashour,...

INVIA Fintech

Egypt

Edafa Venture acquires Egypt's Cyclex in six-figure deal

Saudi-Egyptian investment firm Edafa Venture has acquired Egypt-based Cyclex in a six-figure deal, facilitated by Startup Sync. Cyclex...

Cyclex Edafa Venture

Egypt

Raedbots launches as Egypt’s first industrial robotics manufacturer

Egypt-based Raedbots has launched as a local industrial robotics manufacturer, claiming to be the first in Egypt. Founded in 2026...

Raedbots robotics NVIDIA Inception Program

Egypt

Egypt’s Reme-D secures GIF backing to cut diagnostic costs by 40%

Egypt-based biotech startup Reme-D has raised $500,000 from the Global Innovation Fund (GIF) to scale its molecular diagnostics...

Reme-D biotech Global Innovation Fund

Egypt

Egypt’s Lucky secures $23 million Series B to expand in North Africa

Egypt-based fintech Lucky has raised $23 million in a Series B round, combining equity and debt, with participation from Disruptech...

Lucky app Fintech Disruptech Ventures

Egypt

ITIDA, Plug and Play support 61 Upper Egypt startups, unlock $3.7M in funding

Egypt’s Information Technology Industry Development Agency (ITIDA), in partnership with Plug and Play, has supported 61 startups...

ITIDA Plug and Play

Egypt

People of Data summit maps Egypt’s AI roadmap for startups and investors

Cairo hosted the “People of Data – Sharks Edition” summit, bringing together tech leaders, AI experts, and investors...

People of Data Shark Tank

Egypt

Beltone secures initial FRA approval for Egypt’s first silver investment fund ‘Fadda’

Egypt-based Beltone Asset Management has secured initial FRA approval to launch “Fadda”, Egypt’s first silver...

Beltone Fadda Fund

Egypt

Qualiphi acquires Career Club to expand AI-powered career services in MENA

Egypt-based recruiting platform Qualiphi has acquired Career Club, a virtual career platform previously owned by iCareer, in a...

Qualiphi Career Club

Egypt

VMS to back seven Egyptian startups through new Cairo accelerator

Saudi Arabia's Venture studio Value Makers Studio (VMS) has launched VMS Accelerate in Cairo, a three-month accelerator aimed at...

VMS VMS Accelerate

Egypt

Converted acquires Egypt’s Mitcha to expand AI-driven e-commerce ecosystem

US-based AI-powered advertising tech company Converted has acquired Mitcha, an Egyptian e-commerce platform supporting local...

Converted Mitcha

Bahrain

Foras AI raises stake in Beban to support Egypt market entry

Bahrain-based equity crowdfunding platform Beban is preparing to launch operations in Egypt, supported by an increased investment from...

Foras Beban

Egypt

Beltone Holding launches growth-stage private equity platform

Egypt-based Beltone Holding has launched its Private Equity platform, expanding its multi-stage investment strategy alongside Beltone...

Beltone Holding

Egypt

Dawar acquires stake in BekyaPay to digitize Egypt’s recycling “first mile”

Egypt-based circular economy platform Dawar has acquired a strategic stake in consumer recycling app BekyaPay, extending its digital...

Dawar BekyaPay

Egypt

IFC commits $150 million to boost Egypt’s green finance sector

The International Finance Corporation (IFC) has announced five new projects in Egypt aimed at supporting climate finance, healthcare,...

ifc

Egypt

Flextock targets e-commerce bottlenecks with $12.6 million Series A

Egypt-based e-commerce infrastructure startup Flextock has raised $12.6 million in a Series A round led by TLcom Capital, with...

Flextock TLcom Capital

Egypt

Breadfast moves closer to IPO with $50 million pre-Series C round

Egypt-based e-commerce platform Breadfast has raised $50 million in a pre-Series C round backed by Mubadala Investment Co., a Saudi...

Breadfast Mubadala

Egypt

Egypt introduces unified framework to support startups

Egypt has launched the "Egypt Startup Charter," the country’s first government-backed framework dedicated to startups...

Egypt’s Startup Charter

Egypt

Egypt’s Tactful AI raises $1 million pre-Series A to scale agentic CX

Tactful AI, an Egyptian-born CX platform focused on agentic AI, has raised $1 million in a pre-Series A round to build infrastructure...

Egypt

Egypt’s NowPay enters Saudi market with $20 million-backed Tas’heel partnership

Egypt-based fintech NowPay is launching in Saudi Arabia through NowAccess, a joint venture with United International...

NowPay Fintech

Egypt

Egypt’s eYouth expands into Iraq with first Arabic digital learning platform

Egypt-founded edtech eYouth has expanded into Iraq with the launch of eYouth Iraq, introducing the country’s first...

EYouth

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