Wamda

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

USAID Plug and Play ITIDA

Egypt

Dar Ventures and Acasia Group launch architecture, engineering, and construction incubator

Dar Ventures, the venture capital arm of design and engineering consultancy firm Dar Al-Handasah, has launched the "DARE"...

Dar Ventures Dar Al-Handasah Dere

Egypt

ariika raises Series A round from Beltone for 20 per cent stake

Egypt-based home décor e-commerce platform ariika has closed a Series A equity funding round, secured from Beltone Venture...

ariika Beltone E-commerce

Egypt

Egypt’s Sehatech raises $850,000 in funding

Egypt-based health insurtech Sehatech has raised a $850,000 round from A15 and Beltone Venture Capital, a subsidiary of Beltone Holding...

Sehatech Insurtech

Egypt

HEDG raises six-figure pre-Seed round

Egypt-based fintech HEDG has raised a six-figure pre-Seed funding round from undisclosed investors based in Egypt and Saudi...

HEDG Fintech

Egypt

Endeavor Egypt launches XceleRise to back local entrepreneurs

Endeavor Egypt has launched XceleRise, a scale-up programme to aid access to capital and market expansion for all startups that promote...

Endeavor Egypt XceleRise

Egypt

Fawry announces plans to launch digital bank

Fawry, an Egypt-based e-payment solutions provider, unveiled plans to turn its e-portal, MyFawry, into a digital bank later this...

fawry

Egypt

Fla6labs announces awards up to $100,000 in funding for contechs in Egypt

Makers, the construction technology (contech) accelerator launched by Flat6Labs in partnership with SIAC and Dar Al-Handasah (Shair and...

Flat6Labs contech Construction

Egypt

B2B pharmaceutical marketplace Grinta acquires Auto-Cure

Cairo-based B2B pharmaceutical marketplace, Grinta, has acquired its counterpart Auto-Cure for an undisclosed value. Founded in 2020...

Grinta

Egypt

Talents Arena raises $750,000 pre-Seed round

Egypt-based AI recruitment company Talents Arena, has raised a $750,000 pre-Seed funding round from UI Investments, alongside several...

Talents Arena HR solutions AI

Egypt

Egypt’s Buguard raises $500,000 Seed round

Egypt-based cybersecurity startup Buguard has raised a $500,000 Seed funding round, led by A15 along with other angel...

Buguard A15 cybersecurity

Egypt

Egypt’s Flash raises $6 million Seed round

Egypt-based fintech Flash has completed a $6 million Seed round led by Addition with participation from Flourish Ventures and other...

Flash Fintech Addition

Egypt

Egyptian fintech Menthum raises pre-Seed funding

Egypt-based fintech Menthum has raised pre-Seed funding from Acasia Ventures, along with A15 and other angel investors. Founded...

Menthum Acasia Ventures A15

Egypt

US-based Practical VC invests in Egypt’s EXITS MENA

US-based venture capital Practical VC has invested in Egypt’s EXITS MENA (Exits.ME), an M&A advisory firm and investment...

Exits.me

Thought Leadership

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

Thank you