Wamda

Egypt

LCP acquires minority stake in Dsquares

Source: WAYA Marking its first investment, LCP Fund II (LCP) announces today the acquisition of a significant minority...

LCP Dsquares customer loyalty

Egypt

Source Beauty raises seed funding

Egypt-based beauty e-commerce platform Source Beauty has raised a six-figure seed funding round from Geneva-based ACE & Company and a...

SourceBeauty ecommerce middle east

Egypt

Raya Holding to launch EGP 100 million fintech-focused fund

Source: WAYA Raya Holding announced that it will invest EGP 100 million to establish a direct investment fund specifically for...

Raya holding Fintech VC fund

Egypt

Zeal Rewards raises seed round

Egypt-based mobile payments and loyalty platform Zeal Rewards, has closed an undisclosed amount of seed funding. Founded in 2019 by Omar...

Zeal Rewards Loyalty Programs

Egypt

Eksab raises $500,000

Cairo-based daily fantasy sports platform Eksab, has raised $500,000 from 4DX Ventures. Launched in 2017, Eksab allows users to make...

Eksab daily fantasy sports

Egypt

ExpandCart raises $2.5 million in Series A

Egypt-based e-commerce and retail company ExpandCart, has raised a $2.5 million Series A round led by Sawari Ventures, with participation...

Expand Cart Ecomemrce and retail Covid19

Egypt

Argineering raises $200,000

Source: WAYA Argineering, the award-winning tech company, raised more than $200,000 through their Kickstarter campaign exceeding their...

Argineering Crowdfunding Flat6Labs Cairo

Egypt

Wuilt raises $535,000 seed

Egypt-based software as a service (SaaS) startup Wuilt, has raised a $535,000 seed round from UK-based MENA Technology Fund, DAAL VC along...

SAAS Wuilt Flat6Labs Cairo

Egypt

Fustany’s evolution: From eyeballs to subscribers

Amira Azzouz is one of the region’s long standing entrepreneurs. Back in 2009 she launched Fustany, an online publication focused on...

fustany amira azzouz Digital Media

Egypt

Ibnsina Pharma acquires 3elagi Tech

Egypt-based pharmaceutical firm Ibnsina Pharma has acquired a 75 per cent stake in its compatriot digital pharmacy marketplace 3elagi...

Ibnsina pharma 3elagi tech healthtech

Egypt

Cairo Angels launches syndicate fund

Egypt-based angel network Cairo Angels, has launched its first $3 million micro-venture syndicate fund, aiming to back up and support the...

cairo angels Early-stage pre-Series A

Egypt

ILLA raises $500,00 seed

Egypt-based delivery and logistics startup ILLA, has raised $500,000 seed investment from Averroes VC, AUC Angels and a consortium of local...

Flat6Labs Cairo ILLA FMCG

Egypt

Brantu raises Series A investment

Egypt-based fashion e-commerce platform Brantu has raised a seven-figure Series A round from Sawari Ventures. Launched by Mohamed Rizk...

Brantu Series A ecommerce

Egypt

Amjaad Technology raises investment for ongoing pre-Series A

Cairo-based smart metre and internet of things (IoT) startup Amjaad Technology, has raised a six-figure funding round from Bahrain-based...

IoT Amjaad technology Energytech

Egypt

EBRD supports Badia Impact Squared first closing

Source: EBRD New technology companies in the southern and eastern Mediterranean (SEMED) region will benefit from additional sources of...

silicon badia EBRD Healthcare

Egypt

Foundations Ventures launches early-stage fund, invests in 4 startups

Egypt-based venture capital firm (VC) Foundation Ventures has launched an early-stage fund to back Egyptian startups, offering investments...

Foundation Ventures HOF Capital early stage

Egypt

MARJ3 secures seed funding

Cairo-based education technology (edtech) platform MARJ3 has raised a seed investment round led by Expert DOJO, US-based investment firm,...

EdTech MARJ3 Seed funding

Egypt

NowPay raises $2.1 million seed

Cairo-based financial technology (fintech) startup NowPay, has raised $2.1 million in a seed investment round led by Foundation Ventures...

NowPay Fintech Emerging Markets

Egypt

dreevo launches in Egypt after raising pre-seed investment

Egypt-based last mile delivery startup dreevo has launched its operations after raising a six-digit pre-seed investment from EF Logistics,...

Last mile

Egypt

Milango raises seed investment

Egypt-based community management solution provider Milango, has raised an undisclosed six-figure seed funding in a round led by A15 and...

Milango A15 Real Estate

Egypt

Flick raises $1 million pre-seed investment

Egypt-based peer-to-peer (P2P) financial technology (fintech) startup Flick, has raised a $1 million a pre-seed funding round from an angel...

Flick money transfer Fintech

Egypt

Falak Startups launches first startups virtual stage

Egypt-based startup accelerator Falak Startups has unveiled its launched a virtual platform to connect startups and investors. The...

Falak Startups Covid19 Seed funding

Egypt

La Reina raises seed funding

Cairo-based online fashion rental platform La Reina, has raised an undisclosed six-figure seed round from 500 Startups, Algebra Ventures...

La Reina Online shopping ecommerce

Egypt

Elves raises $2 million in funding

Egypt-based virtual assistant platform Elves venture, has raised a $2 million investment from Egypt’s Sawari Ventures along...

Sawari Ventures Elves

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you