Wamda

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

Egypt

CheckMe acquires DoctorOnline

Egypt-based healthtech platform CheckMe has acquired a majority stake in DoctorOnline, a doctor appointment booking app. The deal was...

CheckMe Doctoronline

Egypt

Muqbis raises pre-Seed round from Nama Ventures

Egypt-based Muqbis, an online marketplace for handicrafts, has raised an undisclosed amount in pre-Seed funding from Nama...

Muqbis Nama Ventures

Egypt

B2B startup Suplyd raises $1.6 million pre-Seed round

Egypt-based restaurant logistics startup Suplyd, has raised a $1.6 million pre-Seed round led by Endure Capital, Seedstars, Camel...

suplyd

Egypt

Saudi-based Jumlaty and Egypt’s Appetito merge into new entity, NOMU

Saudi-based grocery delivery startup Jumlaty and Egyptian counterpart Appetito have announced their merger to create a new company,...

Jumlaty Appetito

Egypt

PTS Investments Holdings partially acquires Egypt’s EDAM

US-based PTS Investments Holdings has partially acquired Egypt-based healthtech EDAM through its operating company in Egypt. The value...

EDAM

Egypt

Morni invests $10 million in Egypt to acquire mobility startups

Saudi Arabia-based mobility solutions platform Morni is planning to invest $10 million to target new acquisitions in Egypt in the...

Morni Exists.me

Egypt

SIDEUP raises $1.2 million Seed, relocating HQ to Riyadh

Egypt-based logistics platform SIDEUP, has raised a $1.2 million Seed round from Launch Africa VC, 500 Global, Riyadh Angels, Alex...

SIDEUP 500 Global E-commerce

Egypt

OneOrder raises $3 million Seed

OneOrder, an Egypt-based B2B marketplace that connects restaurants to suppliers, has raised a $3 million Seed round led by Nclude as...

OneOrder

Egypt

Brito joins Egypt’s growing list of cloud kitchens after raising $1.25 million

For Egyptians, ordering food from a local restaurant is nothing novel. The country’s restaurant market is thought to be worth $17...

cloud kitchen Brito

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