Wamda

Egypt

Egypt-born proptech Byit expands into UAE

Egypt-born proptech Byit has expanded into the UAE and launched a new suite of AI-powered real estate solutions. The move follows...

Byit Proptech

Egypt

Beltone VC and Citadel exit Bosta with 75% IRR

Egypt's Beltone Venture Capital and the UAE's Citadel International Holdings have exited Bosta through their joint investment...

Beltone Venture Capital Bosta Citadel International Holdings

Egypt

Egrobots unveils AI-powered harvesting robot built entirely by Egyptian engineers

Egrobots unveiled the first autonomous agricultural harvesting robot developed entirely by Egyptian engineers. The robot uses AI,...

Egrobots Agriculture robotics

Egypt

Taager moves into China to fix sourcing bottlenecks for MENA sellers

Egypt-born and Saudi Arabia-HQ social e-commerce platform Taager Taager has opened its first supply office in China to strengthen...

Taager

Egypt

Scale It Forward: A new initiative targets Egypt’s venture debt gap for scaleups

GIZ Egypt and enpact have launched Scale It Forward, a programme to activate venture debt solutions in Egypt. The initiative targets...

GIZ Egypt Enpact

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

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you