Egypt USAID, ITIDA graduate third cohort of Startups Accelerator Programme United States Agency for International Development (USAID) has celebrated the graduation of 23 Egyptian startups from Cohort 3 of ita... News • 20 September, 2023 USAID Plug and Play ITIDA
Egypt Dar Ventures and Acasia Group launch architecture, engineering, and construction incubator Dar Ventures, the venture capital arm of design and engineering consultancy firm Dar Al-Handasah, has launched the "DARE"... Dunya Hassanein • 20 September, 2023 Dar Ventures Dar Al-Handasah Dere
Egypt ariika raises Series A round from Beltone for 20 per cent stake Egypt-based home décor e-commerce platform ariika has closed a Series A equity funding round, secured from Beltone Venture... News • 07 September, 2023 ariika Beltone E-commerce
Egypt Egypt’s Sehatech raises $850,000 in funding Egypt-based health insurtech Sehatech has raised a $850,000 round from A15 and Beltone Venture Capital, a subsidiary of Beltone Holding... News • 03 September, 2023 Sehatech Insurtech
Egypt HEDG raises six-figure pre-Seed round Egypt-based fintech HEDG has raised a six-figure pre-Seed funding round from undisclosed investors based in Egypt and Saudi... News • 31 August, 2023 HEDG Fintech
Egypt Endeavor Egypt launches XceleRise to back local entrepreneurs Endeavor Egypt has launched XceleRise, a scale-up programme to aid access to capital and market expansion for all startups that promote... News • 24 August, 2023 Endeavor Egypt XceleRise
Egypt Fawry announces plans to launch digital bank Fawry, an Egypt-based e-payment solutions provider, unveiled plans to turn its e-portal, MyFawry, into a digital bank later this... News • 21 August, 2023 fawry
Egypt Fla6labs announces awards up to $100,000 in funding for contechs in Egypt Makers, the construction technology (contech) accelerator launched by Flat6Labs in partnership with SIAC and Dar Al-Handasah (Shair and... News • 08 August, 2023 Flat6Labs contech Construction
Egypt B2B pharmaceutical marketplace Grinta acquires Auto-Cure Cairo-based B2B pharmaceutical marketplace, Grinta, has acquired its counterpart Auto-Cure for an undisclosed value. Founded in 2020... News • 08 August, 2023 Grinta
Egypt Talents Arena raises $750,000 pre-Seed round Egypt-based AI recruitment company Talents Arena, has raised a $750,000 pre-Seed funding round from UI Investments, alongside several... News • 08 August, 2023 Talents Arena HR solutions AI
Egypt Egypt’s Buguard raises $500,000 Seed round Egypt-based cybersecurity startup Buguard has raised a $500,000 Seed funding round, led by A15 along with other angel... News • 07 August, 2023 Buguard A15 cybersecurity
Egypt Egypt’s Flash raises $6 million Seed round Egypt-based fintech Flash has completed a $6 million Seed round led by Addition with participation from Flourish Ventures and other... News • 17 July, 2023 Flash Fintech Addition
Egypt Egyptian fintech Menthum raises pre-Seed funding Egypt-based fintech Menthum has raised pre-Seed funding from Acasia Ventures, along with A15 and other angel investors. Founded... News • 10 July, 2023 Menthum Acasia Ventures A15
Egypt US-based Practical VC invests in Egypt’s EXITS MENA US-based venture capital Practical VC has invested in Egypt’s EXITS MENA (Exits.ME), an M&A advisory firm and investment... News • 10 July, 2023 Exits.me
Egypt Egypt’s Masroofi raises $1.5 million Egypt-based fintech Masroofi, has closed a $1.5 million investment round from undisclosed investors. Founded in 2022 by Mostafa... News • 05 July, 2023 Masroofi Fintech
Egypt The B2B marketplaces looking to support Egypt’s restaurants Egypt’s economic woes seem to have bypassed one particular sector - restaurants. The past few years have seen the establishment of... Dunya Hassanein • 26 June, 2023 B2B marketplace
Egypt Saudi VMS acquires minority stake in Egyptian accelerator Cash Cows Saudi VMS, a startup accelerator based in Saudi Arabia, has acquired a minority stake in its Egyptian counterpart, Cash Cows. The... News • 25 June, 2023 Cashcows
Egypt Egypt’s Agel raises pre-Seed round for its Shariah-compliant fintech platform Egyptian fintech startup Agel has raised a seven-figure pre-Seed round from Plus Venture Capital (+VC) and Seedstars International... News • 21 June, 2023 Agel
Egypt Egypt’s TFK acquires Opio to create all-in-one ecosystem Egypt-based fashion e-commerce marketplace The Fashion Kingdom (TFK) has acquired OPIO, a direct-to-consumer (D2C) fashion brand, for an... News • 21 June, 2023 Opio TFK The Fashion Kingdom
Egypt DMZ Cairo, EBank launch fintech bootcamp for Egyptian startups DMZ Cairo has partnered with the Export Development Bank of Egypt (EBank) to launch a fintech bootcamp for early-stage Egyptian startups... News • 21 June, 2023 DMZ Cairo
Egypt Acasia Angels invests in UK medtech Precision Cardiovascular Egypt-based angel investment group “Acasia Angels” has participated in the $750,000 Seed round in UK-based medtech Precision... News • 21 June, 2023 Acasia Angels Precision Cardiovascular medtech
Egypt Egypt announces five-year tax exemption for startups President Abdul Fattah El Sisi has announced a five-year tax exemption for startups, with an aim to boost the country’s ecosystem... News • 20 June, 2023 Egyptian ecosystem Startups in Egypt
Egypt Saudi Arabia's magnetic pull: should Egypt be concerned about startup migration? Last month, Egyptian business tycoon Samih Sawiris announced that he would halt all new investments in Egypt and will instead shift his... Nesma Abdel Azim • 15 June, 2023 Saudi Arabia
Egypt Logistics startup Trella raises $3.5 million from Avanz Capital Egypt Egypt’s marketplace for trucks, Trella, has raised $3.5 million from newly-launched private equity fund Avanz Capital Egypt. The... News • 12 June, 2023 Trella