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
Egypt Dstny acquires Egypt-founded Tactful AI Belgium-based business communications provider Dstny, has acquired Egypt and UK-based Tactful AI for an undisclosed sum. Founded in... News • 26 May, 2022 Tactful AI
Egypt The pain of selling furniture online in Egypt Furniture is one of the oldest and the largest industries in Egypt, employing over 13 per cent of the country's industrial workforce,... Dunya Hassanein • 26 May, 2022 Homzmart furniture marketplace
Egypt Egypt’s Esaal raises $1.7 million Seed Egypt-based healthtech startup Esaal, has raised a $1.7 million Seed round from A15 to scale its operations across its home market as... News • 25 May, 2022 Esaal
Egypt Sylndr raises $12.6 million pre-Seed round to scale its marketplace for used cars Sylndr, an Egypt-based online marketplace for used cars, has raised a $12.6 million pre-Seed round, led by RAED Ventures, with... News • 23 May, 2022 Sylndr
Egypt Healthtech startup Doxx launches after raising $1.5 million Seed round Egypt-based healthtech startup Doxx has launched after closing a $1.5 million Seed round, led by Openner and Elevate. Founded in 2021... News • 18 May, 2022 Doxx
Egypt Instabug raises $46 million Series B round Egypt-founded and US-based bug reporting platform Instabug, has raised a $46 million Series B funding round, led by Insight Partners... News • 17 May, 2022 instabug Insight Partners
Egypt CASF invests in Kenya fintech FlexPay Egypt's The Cairo Angels Syndicate Fund (CASF) has invested an undisclosed amount in a Kenya-based fintech FlexPay, marking the... News • 16 May, 2022 CASF FlexPay Cairo Angels Syndicate Fund
Egypt Amazon acquires 4 per cent of valU for $10 million Amazon has agreed to acquire $10 million in EFG Hermes GDRs, with the option to replace it with future investment in valU. This... News • 15 May, 2022 Amazon valu EFG Hermes
Egypt B2B marketplace Teegara raises undisclosed Bridge round Egypt-based e-commerce Teegara has raised an undisclosed bridge round, led by Alexandria Angel Network with the participation of... News • 12 May, 2022 Teegara Alexandria Angel Network E-commerce
Egypt Startupper of the Year Challenge names its three winners Three Egyptian startups have been awarded EGP 140,000 ($7,600) each in funding, after being named winners of the third edition of the... News • 11 May, 2022 TotalEnergies
Egypt Mylerz closes $9.6 million round led by Lorax Capital Egypt-based last-mile delivery startup Mylerz has closed a $9.6 million round led by Lorax Capital Partners, with participation from... News • 11 May, 2022 Mylerz Lorax Capital fawry
Egypt Paymob raises $50 million Series B round Egypt-based fintech Paymob has raised $50 million in Series B funding, led by Kora Capital, PayPal Ventures, and Clay... News • 09 May, 2022 Paymob Fintech Kora Capital
Egypt Lucky: the startup digitising the cashback space The devaluation of the Egyptian pound back in 2016 was intended to preserve its foreign currency reserves, attract foreign direct... Dunya Hassanein • 09 May, 2022 Lucky app
Egypt UAE’s QiDZ app receives investment from CASF UAE-based entertainment marketplace QiDZ, has raised investment from the Cairo Angels Syndicate Fund (CASF). The amount raised was not... News • 19 April, 2022 QiDZ CASF Cairo Angels Syndicate Fund
Egypt The Food Lab raises $4.5 million pre-Seed round Egypt-based cloud kitchen operator The Food Lab, has raised $4.5 million in a pre-Seed round, co-led by Nuwa Capital, Shorooq Partners... News • 19 April, 2022 The food Lab
Egypt The startup tackling plastic waste in Egypt through its “reverse vending machine” As the most populous country in the Middle East, Egypt produces the largest quantity of plastic waste at an average of 5.4 million tonnes... Dunya Hassanein • 17 April, 2022 plastic waste Dawarha Cleantech
Egypt Egyptian healthtech Rology closes pre-Series A round Egypt-based healthtech Rology, has closed a pre-Series A round from Egypt Ventures, Sequence Ventures, Waseel, Tawaref, and Viktoria... News • 13 April, 2022 Rology healthtech
Egypt Shift EV to expand beyond Egypt after raising Series A round Egypt-based electric mobility startup Shift EV, has raised an undisclosed Series A round, led by the startup's existing... Dunya Hassanein • 12 April, 2022 Shift EV
Egypt Egypt’s Pylon raises $19 million Seed round Egypt-based infrastructure management platform Pylon, has raised $19 million in a Seed funding round comprising equity and debt, led by... News • 12 April, 2022 Pylon YCombinator Khawarizmi Ventures
Egypt IFC pledges $15 million investment in Algebra Fund II International Finance Cooperation (IFC), a member of the World Bank Group, has pledged $15 million investment in Algebra Ventures’... News • 11 April, 2022 Algebra Fund II Algebra Ventures ifc