Egypt Egypt-based fintech Zeal raises $4 million Zeal, an Egypt-based fintech and customer loyalty app, has closed a $4 million funding round led by Raed Ventures and Cur8 Capital,... News • 18 January, 2024 Zeal
Egypt Ezdehar invests $10 million in Yodawy Egypt-based investment fund management company Ezdehar has acquired a minority stake in the Egyptian healthtech Yodawy for $10... News • 16 January, 2024 Yodawy Ezdehar healthtech
Egypt Bosta raises new investment from Axian Group Egypt-based logistics startup Bosta has raised investment from Axian Group. The amount raised remains undisclosed. Founded in 2017 by... News • 15 January, 2024 Bosta logistic Axian Group
Egypt Egypt’s FriendyM raises $2 million investment Egypt-based autotech FriendyM, has $2 million investment. Founded in 2016 by Abdelrahman Elgamal, FriendyM offers, through its... News • 10 January, 2024 FriendyM autotech
Egypt Kuwaiti edtech Baim acquires Egypt's Orcas Kuwait-based edtech Baims has acquired Egyptian counterpart Orcas. Founded in 2017 by Bader Al-Rasheed and Yousef Alhusaini,... News • 08 January, 2024 Baims Orcas
Egypt T-Vencubator launches in Egypt to invest in local startups T-Vencubator, a VC-incubator fund, has launched in Egypt to invest in and support the growth of local startups. The fund’s first... News • 26 December, 2023 T-Vencubator
Egypt Egypt's MaxAB merges with Africa's largest B2B e-commerce player Wasoko Egypt-based B2B e-commerce company MaxAB will merge with Kenya-based Wasoko. The terms of the deal were not... News • 22 December, 2023 MaxAB Merger
Egypt Egypt’s iSchool $4.5 million to accelerate global expansion Egypt-based edtech iSchool, has raised $4.5 million in a funding round led by VentureWave Capital, an Irish VC, followed by OneStop... News • 20 December, 2023 iSchool VentureWave Capital EdTech
Egypt Chefaa raises $5.25 million investment to solidify presence in Saudi Arabia Egypt-based healthtech Chefaa, has secured a $5.25 million investment, co-led by Newtown Partners (South Africa) and Global Brain... News • 18 December, 2023 Chefaa healthtech
Egypt Egypt’s fintech Banknbox raises funding from Disruptech Fund Egypt-based fintech startup Banknbox has raised funding from Disruptech Fund. Founded this year by Basem Mahmoud, Banknbox offers a... News • 11 December, 2023 Disruptech
Egypt Mtor raises $2.8 million pre-Seed round led by Algebra Ventures Egypt-based online car parts marketplace Mtor has raised a $2.8 million pre-Seed round, led by Algebra Ventures, with participation from... News • 05 December, 2023 Mtor Algebra Ventures automotive
Egypt Three Egyptian startups win $10,000 grants from She’s Next competition Three Egyptian startups have each been awarded $10,000 after ranking in the top positions in the second edition of She’s Next... News • 30 November, 2023 She is Next
Egypt Egypt’s WayUp Sports closes Seed round WayUp Sports, an Egypt-based marketplace for sports equipment and apparel, has raised a Seed round led by Beltone Venture Capital and... News • 22 November, 2023 WayUp Sports
Egypt VMS invests in Egyptian edtech Akhdar Egypt-based edtech Akhdar has raised a six-figure round from Saudi Arabia-based venture studio Value Maker Studio (VMS). The goal of... News • 12 November, 2023 Akhdar VMS
Egypt Egyptian healthtech Almouneer raises $3.6 million Seed round Egypt-based healthtech Almouneer has raised a $3.6 million Seed round, led by Global Ventures, Proparco and Digital Africa through... News • 31 October, 2023 Almouneer Global Ventures healthtech
Egypt Egyptian startup ecosystem faces litmus test following debit and credit card use restrictions The Egyptian startup ecosystem is facing yet more difficulty after local banks suspended the use of debit cards outside Egypt and limited... Dunya Hassanein • 26 October, 2023 currency devaluation
Egypt Egyptian edtech Crafty Workshop raises $400,000 Seed from EdVentures Egypt-based edtech Crafty Workshop has secured $400,000 in a Seed funding round led by EdVentures. Founded in 2019 by Hadeer Shalaby... News • 19 October, 2023 Crafty Workshop EdVentures EdTech
Egypt Egypt announces new startup regulations during Techne Summit in Alexandria Over the past four days, Bibliotheca Alexandrina has embraced the 9th edition of Techne Summit, one of the main entrepreneurial annual... Nesma Abdel Azim • 11 October, 2023 Techne Summit ict ITIDA
Egypt Amenli raises $1 million equity funding round Egypt-based insurtech Amenli, has closed a new $1 million equity funding round led by Alter Global with participation from Qatar... News • 09 October, 2023 Amenli Insurtech
Egypt 500 Global, ITIDA launch Scale Up Programme in Egypt US-based VC firm 500 Global has launched Scale Up Programme in Egypt, in collaboration with The Egyptian Information Technology Industry... News • 09 October, 2023 500 Global ITIDA Scale UP Program
Egypt Acasia Ventures leads pre-Seed round in Senegal’s Lengo AI Egypt-based VC firm Acasia Ventures has led a pre-Seed investment round in Senegal-based SaaS startup Lengo AI, co-led by Ventures... News • 04 October, 2023 Acasia Ventures Lengo AI AI
Egypt MoneyHash secures new investment from GitHub’s founder US-headquartered Egyptian fintech MoneyHash, has secured new funding from Tom Preston-Werner, co-founder of GitHub, as part of an... News • 03 October, 2023 MoneyHash GitHub
Egypt Intella secures $3.4 million pre-Series A round led by HALA Ventures, Wa’ed Saudi Arabia-headquartered Egyptian deeptech startup Intella, has closed a $3.4 million pre-Series A funding round, led by HALA Ventures... News • 03 October, 2023 Intella HALA Ventures Wa'ed Vnetures
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