Wamda

Egypt

Beltone Venture Capital exits BirdNest investment with 3.5x return

Egypt-based Beltone Venture Capital has completed a partial exit from Egyptian proptech BirdNest, generating a 3.5x return on...

Birdnest Beltone Venture Capital

Egypt

Simplex inaugurates second factory with $50 million investment

Egyptian CNC manufacturing startup Simplex has inaugurated its second manufacturing facility in 10th of Ramadan City, spanning 40,000...

Simplex

Egypt

Fincart lands $2.8 million to accelerate regional expansion

Egypt-based e-commerce operations platform Fincart has raised an oversubscribed $2.8 million Seed round, co-led by Launch Africa...

Fincart Yango Ventures Launch Africa

Egypt

Kuadra raises funding to expand AI-powered construction management

Egyptian construction technology startup Kuadra has secured a funding round led by Edafa Venture Capital to support the launch of what...

Kuadra Edafa Venture contech

Egypt

Anara Impact Capital leads $1.45 million investment in Egypt's Reme-D

Egyptian healthtech startup Reme-D has raised $1.45 million in a Pre-Series A funding round led by Anara Impact Capital, with...

Anara Impact Capital Reme-D healthtech

Egypt

RiseUp, A15 and BitRoot launch NVIDIA SIGNALS for Egyptian AI founders

RiseUp, A15 and BitRoot have launched the first NVIDIA SIGNALS event in Egypt, introducing local AI founders to NVIDIA's global...

RiseUp A15 BitRoot

Egypt

Egypt's Mylerz brings in $2 million to scale logistics infrastructure

Egypt-based logistics startup Mylerz has raised more than $2 million (EGP100 million) in a funding round led by Lorax Capital...

Mylerz fawry Logistics

Egypt

BrainsMingle raises $400,000 seed from BasharSoft Group

US-based AI startup BrainsMingle has secured a $400,000 seed investment from BasharSoft Group, marking the group's first...

BasharSoft BrainsMingle

Egypt

Egypt's ariika and Lychee deepen Saudi presence with backing from Beltone Venture Capital

Beltone Venture Capital (BVC), the venture capital arm of Beltone Holding, has increased its investment in Egyptian consumer brands...

ariika Lychee

Egypt

Aramco's LAB7 backs CONIX.AI to advance AI-powered construction compliance

UK-based and Egypt-born architecture SaaS software CONIX.AI has received backing from LAB7, Saudi Aramco's venture-building arm, to...

Conix CONIX.AI LAB7

Egypt

Beltone teams up with Telda to expand digital investing access in Egypt

Press release: Beltone Asset Management, a subsidiary of Beltone Holding, has partnered with Telda, the fintech platform specialising in...

Beltone Telda

Egypt

MNT-Halan reaches $1.4 billion valuation after investment round led by Al Ahly Capital

Egyptian fintech MNT-Halan has reached a $1.4 billion valuation following the first closing of a new investment round led by Al Ahly...

MNT-Halan Al Ahly Capital

Egypt

Edafa Venture expands AI portfolio with acquisitions of Kuadra and IRRI Vision

Edafa Venture has acquired two AI startups, Kuadra and IRRI Vision, in six-figure transactions announced during AI Everything Middle...

Edafa Venture Kuadra IRRI Vision

Egypt

Blnk secures $37 million to deepen financial inclusion in Egypt

Egyptian fintech Blnk has raised $37.1 million, comprising $12.5 million in Series A equity funding and $24.6 million in local debt...

Blnk Fintech Algebra Ventures

Egypt

Efham.ai secures investment from Foras.AI to democratise AI learning in Arabic

Foras.AI has invested in Efham.ai, an AI education platform developed by Egypt-based NixAI, to support the creation of what it describes...

Efham.ai Foras

Egypt

Egypt's ARRW secures $4 million investment from Tasheed Egypt

Egypt-based mobility startup ARRW has secured a $4 million investment from Tasheed Egypt to support its expansion across Egypt’s...

ARRW Tasheed Egypt

Egypt

GrowthLabs acquires Startup Gate to build unified startup infrastructure across MENA

GrowthLabs, an Egypt-based startup ecosystem builder, acquired Startup Gate, an Egypt-based founder and investor network platform, for...

GrowthLabs Startup Gate

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

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