Wamda

Egypt

The Cairo Angels invests in Nigerian fintech CredPal

Egypt-based VC fund The Cairo Angels Syndicate Fund (CASF) has invested an unknown amount in the Nigerian fintech CredPal, which is...

CredPal Cairo Angles CASF

Egypt

Petcare provider Vetwork raises Bridge round

Egypt-based petcare platform Vetwork has raised a Bridge round from several investors from Saudi Arabia and members of the Alexandria...

Vetwork Alexandria Angel Network

Egypt

DXwand raises $1 million pre-Series A round

Egypt-based AI startup DXwand has closed a pre-Series A investment round of $1 million, led by Huashan Capital, US-based VC firm SOSV,...

DXwand AI Huashan Capital

Egypt

ADVA secures six-figure Seed round from Sawari Ventures

Egypt-based fintech ADVA has raised an undisclosed "six-digit figure" Seed round from Sawari Ventures. Founded in 2020 by...

ADVA

Egypt

Egypt’s Nice Deer raises $1 million pre-Seed round

Egypt-based insurtech Nice Deer has raised a $1 million pre-Seed funding round led by DisrupTech Ventures. Founded in early 2022 by...

Nice Deer Insurtech healthtech

Egypt

valU expands to Saudi market through partnership with Alhokair

Egypt-based fintech valU, has extended its services to Saudi Arabia through a partnership with FAS Labs, owned by Fawaz Abdulaziz...

valu BNPL Alhokair

Egypt

Egypt’s Appetito acquires Tunisia’s Lamma

Egypt-based q-commerce Appetito has acquired Tunisia’s Lamma to expand operations in Morocco, Tunisia and West Africa for an...

Appetito Lamma q-commerce

Egypt

Grubtech expands to Egypt

UAE-headquartered foodtech startup Grubtech, has announced its expansion to Egypt, planning to invest $5 million into operations over...

GrubTech

Egypt

Egypt’s CASF invests in South Africa’s Finclusion Group

Egypt-based micro VC fund The Cairo Angels Syndicate Fund (CASF) has invested an undisclosed amount in the South Africa-based fintech...

CASF Cairo Angels Syndicate Fund Fincusion Group

Egypt

Gooo Delivery raises pre-Seed round

Egypt-based on-demand delivery startup Gooo Delivery has closed a pre-Seed round. The amount raised was not disclosed. Founded in 2020...

Gooo Delivery Delivery

Egypt

Natrify raises pre-Seed round to develop biodegradable plastics

Egypt-based biotechnology startup Natrify, has raised a six-figure pre-Seed round from Ambo ventures, a recently launched,...

Natrify

Egypt

Dstny acquires Egypt-founded Tactful AI

Belgium-based business communications provider Dstny, has acquired Egypt and UK-based Tactful AI for an undisclosed sum. Founded in...

Tactful AI

Egypt

The pain of selling furniture online in Egypt

Furniture is one of the oldest and the largest industries in Egypt, employing over 13 per cent of the country's industrial workforce,...

Homzmart furniture marketplace

Egypt

Egypt’s Esaal raises $1.7 million Seed

Egypt-based healthtech startup Esaal, has raised a $1.7 million Seed round from A15 to scale its operations across its home market as...

Esaal

Egypt

Sylndr raises $12.6 million pre-Seed round to scale its marketplace for used cars

Sylndr, an Egypt-based online marketplace for used cars, has raised a $12.6 million pre-Seed round, led by RAED Ventures, with...

Sylndr

Egypt

Healthtech startup Doxx launches after raising $1.5 million Seed round

Egypt-based healthtech startup Doxx has launched after closing a $1.5 million Seed round, led by Openner and Elevate. Founded in 2021...

Doxx

Egypt

Instabug raises $46 million Series B round

Egypt-founded and US-based bug reporting platform Instabug, has raised a $46 million Series B funding round, led by Insight Partners...

instabug Insight Partners

Egypt

CASF invests in Kenya fintech FlexPay

Egypt's The Cairo Angels Syndicate Fund (CASF) has invested an undisclosed amount in a Kenya-based fintech FlexPay, marking the...

CASF FlexPay Cairo Angels Syndicate Fund

Egypt

Amazon acquires 4 per cent of valU for $10 million

Amazon has agreed to acquire $10 million in EFG Hermes GDRs, with the option to replace it with future investment in valU. This...

Amazon valu EFG Hermes

Egypt

B2B marketplace Teegara raises undisclosed Bridge round

Egypt-based e-commerce Teegara has raised an undisclosed bridge round, led by Alexandria Angel Network with the participation of...

Teegara Alexandria Angel Network E-commerce

Egypt

Startupper of the Year Challenge names its three winners

Three Egyptian startups have been awarded EGP 140,000 ($7,600) each in funding, after being named winners of the third edition of the...

TotalEnergies

Egypt

Mylerz closes $9.6 million round led by Lorax Capital

Egypt-based last-mile delivery startup Mylerz has closed a $9.6 million round led by Lorax Capital Partners, with participation from...

Mylerz Lorax Capital fawry

Egypt

Paymob raises $50 million Series B round

Egypt-based fintech Paymob has raised $50 million in Series B funding, led by Kora Capital, PayPal Ventures, and Clay...

Paymob Fintech Kora Capital

Egypt

Lucky: the startup digitising the cashback space

The devaluation of the Egyptian pound back in 2016 was intended to preserve its foreign currency reserves, attract foreign direct...

Lucky app

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