Wamda

Egypt

Do cloud kitchens stand a chance in Egypt?

The meteoric rise of cloud kitchens in the UAE is beginning to permeate through to other parts of the Middle East. Across the region, new...

cloud kitchen Cloud kitchens

Egypt

Three Egyptian banks launch $85 million MEA-focused fintech fund

Three major Egyptian banks have launched a fintech fund in partnership with Global Ventures. Banque Misr, National Bank of Egypt, and...

Khazna Nclude Mozare3

Egypt

Lucky raises $25 million to grow its rewards app

Egypt-based fintech app Lucky, has raised $25 million in a Series A round led by the recently-launched fintech VC fund Nclude, with...

Lucky app

Egypt

LooliaCloset, SohatiCare expand to Egypt

Lebanon-based beauty e-commerce marketplaces SohatiCare and LooliaCloset announced the expansion of their services to the Egyptian...

LooliaCloset SohatiCare

Egypt

Fitness app Welnes raises $300,000 Seed round

Egypt-based fitness app Welnes, has closed a $300,000 Seed round led by Flat6labs with participation from Samurai Incubate, UI...

Welness fitness Flat6Labs

Egypt

IFC invests $5 million in Egypt’s Disruptech fund

The International Finance Corporation (IFC), a member of the World Bank Group, has pledged a $5 million investment in Disruptech...

ifc Disruptech Fintech

Egypt

Astute acquires Egypt's DilenyTech

Astute, a US-based imaging-guided therapy provider has acquired Egypt-based healthtech startup and AI-powered screening provider...

DilenyTech

Egypt

Bosta expands to KSA after raising pre-Series B round

Egypt-based e-commerce delivery solutions provider Bosta, has announced its expansion to Saudi Arabia after completing an undisclosed...

Bosta

Egypt

Egypt’s Nexta secures $2.2 million pre-Seed round

Egypt-based fintech Nexta has raised a $2.2 million pre-Seed funding round, led by Disruptech with participation from some international...

Nexta Fintech Disruptech

Egypt

Shatablee raises $1.2 million for its interior design platform

Shatablee, an Egypt-based interior design and home renovation startup, has raised $1.2 million to accelerate its expansion in its home...

Shatablee

Egypt

Egypt’s Naqla raises $10.5 million pre-Series A

Egypt-based logistics platform Naqla, has raised $10.5 million in a pre-Series A round led by El Sewedy Capital Holding (SCH), Hassan...

Naqla freight

Egypt

Chefaa secures undisclosed venture round

Egypt-based healthtech Chefaa has raised an undisclosed venture round from Newtown Partners and Global Brain as well as GMS Capital...

Newtown Partners Chefaa Global Brain

Egypt

Mum-focused e-commerce platform Mumerz raises $1.2 million

Egypt-based e-commerce platform offering products for mothers, soon-to-be mothers and children Mumerz, has raised $1.2 million in a...

E-commerce Mumerz

Egypt

Circyls raises $1.3 million via Scopeer

Saudi Arabia-based fintech Circyls has raised SAR 5 million ($1.3 million) via crowdfunding platform Scopeer. With the fresh...

ROSCA

Egypt

Egypt’s Homzmart acquires German technology company MockUp Studio

Egypt-based online furniture marketplace Homzmart, has announced the acquisition of German technology company MockUp Studio for an...

Homzmart MockUp Studio

Egypt

Saudi Arabia’s Sary acquires Egypt’s Mowarrid

Saudi Arabia-based B2B e-commerce platform Sary has acquired Mowarrid, an Egypt-based B2B marketplace, for an undisclosed...

SARY Mowarrid E-commerce

Egypt

Kouncel raises $1.2 million in pre-Seed funding

Egypt-based legal edtech Kouncel has raised $1.2 million a pre-Seed round led by Zaldi Capital for investment, the African Development...

Kouncel Zaldi Capital

Egypt

Careem invests in Egypt’s elmenus

Egypt-based food delivery app elmenus has raised an undisclosed amount of funding from Careem. Founded in 2011 by Amir Allam, elmenus...

careem ElMenus

Egypt

Milezmore raises $5 million pre-Seed round from Brimore

Cairo-based logistics provider Milezmore has raised a $5 million pre-Seed round from Brimore, a social commerce startup based in...

Brimore Milezmore

Egypt

FreshSource raises Seed round to cut food loss in Egypt

For Egypt, agriculture is one of its most critical sectors, accounting for more than 11 per cent of its gross domestic product (GDP) and 28...

FreshSource food waste agritech

Egypt

Milango acquires proptech startup Circle

Egypt-based community management software Milango has acquired proptech startup Circle. The acquisition will help Milango to add more...

Proptech

Egypt

Egypt launches $50 million VC programme to support tech startups

Egypt has launched a $50 million venture capital programme to finance new and existing investment funds, in collaboration with the World...

MSMEDA world bank

Egypt

OneOrder launches after raising $1 million Seed

OneOrder, an Egypt-based marketplace that connects resturants to suppliers, has launched after raising $1 million in a round led by...

OneOrder

Egypt

HRtech startup SAmAS Gamify raises $150,000

Egypt-based HRtech tech startup SAmAs Gamify has raised $150,000 in a pre-Seed round, led by US-based SoftEQ Venture...

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