Wamda

Egypt

MaxAB closes $40 million pre-Series B round

Egypt-based food and grocery B2B e-commerce platform MaxAB, has closed a $40m pre-Series B equity round from Silver Lake, British...

MaxAB b2b E-commerce

Egypt

Egypt’s Nexta raises $3 million for its challenger fintech app

Egypt has a population of over 103 million inhabitants, growing at approximately 2 per cent a year. The enormous growth in population has...

Nexta

Egypt

Egypt’s Kenzz raises $3.5 million Seed round

Egypt-based mass e-commerce startup Kenzz, has completed a $3.5 million Seed fundraise led by Outliers Venture Capital, HOF Capital,...

Kenzz Outliers Venture Capital E-commerce

Egypt

Trella attracts new $6 million debt financing from ALMA

Egypt-based B2B trucking marketplace Trella has secured $6 million in debt funding from ALMA Sustainable Finance (ALMA) and the US...

Trella Alma trucking

Egypt

Egypt’s Telda raises $20 million Seed round

Egypt-based fintech Telda, has raised $20 million in Seed funding, led by Global Founders Capital with participation from Sequoia...

Telda Fintech

Egypt

Roboost closes six-figure Seed round

Egypt-based delivery management solution Roboost has secured a six-figure Seed round from Falak Startups, AUC Angels, as well as...

Roboost Flat6Labs Delivery

Egypt

FlapKap closes $3.6 million Seed round

Egypt-based e-commerce financing platform FlapKap has closed a $3.6 million Seed round from Bolt by QED, Nclude, Outliers, and...

FlapKap financing E-commerce

Egypt

i‘SUPPLY raises $1.5 million pre-Seed round

Egypt-based B2B pharma platform i‘SUPPLY has raised a $1.5 million pre-Seed round, led by Disruptech Ventures among other...

i‘SUPPLY medtech

Egypt

Mastercard invests in Egypt's Nclude

Egypt-based VC fund Nclude has raised an undisclosed investment from Mastercard, to accelerate Egypt's fintech ecosystem. The...

Nclude MasterCard Fintech

Egypt

Vezeeta raises undisclosed growth funding

Egypt-based healthtech Vezeeta has raised an undisclosed amount of growth funding, from Abu Dhabi-based Gulf Capital and Sweden-based...

Vezeeta Gulf Capital healthtech

Egypt

SWVL launches clean mobility solutions in Switzerland

Egypt-founded and UAE-based mobility startup Swvl, has expanded its services to Switzerland under the brand name, my Bux, where it...

Swvl Switzerland mobility

Egypt

Glamera secures $1.3 million Seed round

Egypt-born SaaS startup Glamera, has raised a Seed round of $1.3 million, led by Riyadh Angels Investors (RAI), with participation from...

Glamera Riyadh Angels Investors E-commerce

Egypt

Algebra Ventures completes first close of second fund at $100 million

Egypt-based VC fund Algebra Ventures, has finalised a $100 million first close of its second fund, exceeding the targeted $90 million...

Algebra Ventures

Egypt

CardoO raises $660,000 Seed round

Egypt-based IoT devices manufacturer CardoO has raised a $660,000 Seed funding round, led by The Alexandria Angels, with the...

CardoO IoT The Alexandria Angels

Egypt

Gaming platform Cryptyd Inc secures new funding round

Egypt-based Cryptyd Inc has secured a new round of funding for an unknown amount from existing and new investors. Founded in 2015 by...

Cryptyd Inc Gaming

Egypt

Egypt’s Partment raises $1.5 million pre-Seed round

Egypt-based proptech Partment, has closed its pre-Seed round at $1.5million, led by Nclude, Plus Venture Capital (+VC), along with a...

Partment Proptech

Egypt

Tabby partners with Paymob to offer BNPL to Egyptian retailers

UAE-based fintech Tabby, has partnered with Egypt’s digital payment solution fintech Paymob to create a seamless buy now pay later...

Tabby Paymob BNPL

Egypt

Mazaya raises a $5 million pre-Seed round

Egypt-based B2B marketplace Mazaya has closed a $5 million pre-Seed round led by Raya Trade & Distribution. Founded in 2021 by...

Mazaya Raya holding

Egypt

Egypt’s InGame Sports raises pre-Seed round

Egypt-based gaming platform InGame Sports, has raised over $1 million in cash, in-kind resources, and grants in a pre-Seed round led by...

InGame E-sports

Egypt

Egypt’s Exits.me raises $1 million pre-Seed round

Egypt-based investment marketplace Exits.me, has raised $1 million in a pre-Seed round from a group of local investors, a UK-based...

Exists.me

Egypt

ECC Group acquires majority stake in Source Beauty

Egypt-based cosmetics company ECC group has acquired a majority stake in beauty products marketplace Source Beauty, for an unknown...

cosmetics Source Beauty ECC Group

Egypt

Biola Alabi joins CASF as venture partner

Egypt-based VC Cairo Angels Syndicate Fund (CASF) has announced having the Nigerian businesswoman Biola Alabi join as a Venture Partner....

CASF The Cairo Angels Biola Alabi

Egypt

What are the repercussions of Capiter’s downfall?

There was a surge in startup activity during the pandemic that saw record-breaking investment channeled to some of the region’s most...

Capiter

Egypt

Medical training platform 5 Quarters raises Seed round

Egypt-based edtech 5 Quarters has raised an undisclosed Seed round from a Saudi angel investor. Founded in 2016 by Mohamed Salah and...

5 Quarters EdTech

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