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News - Middle East And North Africa
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Algebra Ventures, an Egyptian venture capital company, has launched a $90 million second fund
Algebra Ventures, Egypt's venture capital company, announced the launch of its $90 million second fund, which will invest in startups...
Read moreSawari Ventures, an Egyptian venture capital company, has closed a $69 million fund to invest in Egyptian startups
Sawari Ventures, based in Cairo, announced today that it has closed its Egyptian fund with new commitments totaling $28 million...
Read moreHany Fekry has been appointed Regional President for Northern and Sub-Saharan Africa by Network International
Network International, the Middle East and Africa's (MEA) enabler of digital commerce, has appointed Egyptian national Hany Fekry as Regional...
Read moreFlat6Labs and DisruptAD launches ‘Flat6Labs Ignite’ Seed program a $32.7 million program that will impact North African innovators
DisruptAD is a platform created by ADQ, an Abu Dhabi-based holding company, that unifies all of the entity's venture capital...
Read moreTakeStep, an Egyptian mental e-health startup, has raised seed funding to expand into GCC region
TakeStep, an Egyptian e-health startup, has raised seed funding to extend its operations to the Gulf Cooperation Council (GCC) area...
Read moreWeelo raises a six-figure seed round to revolutionize supply chain sales order automation
Weelo, a B2B cloud-based SaaS solution startup, has raised a six-figure Seed funding round led by SkaleUp Ventures and Integral...
Read moreMimecast alerts that cybercriminals are taking advantage of vaccine rollout campaigns
Global cybercriminals are using the hysteria around vaccine rollout to attract unwitting users into potentially dangerous actions, according to Mimecast....
Read morezVendo, Egypt-based e-commerce platform has raised a six-figure seed investment
Egypt-based e-commerce platform zVendo has raised a six-figure Seed funding round from EFG EV Fintech and unidentified angel investors, paving...
Read moreUAE would test cloud busting drones in order to increase rainfall
Cloud busting drones that fly into clouds and shock them with electricity to "cajole" them into generating rain are about...
Read moreEgypt teams up with Thales to develop Artificial Intelligence Applications
Egypt has partnered with the French technology firm Thales to develop artificial intelligence applications in the region. The collaboration with...
Read moreDayra, an Egyptian FinTech firm, receives a $3 million investment, joins Y Combinator’s Winter 2021 batch
Dayra, a Cairo-based fintech company, has entered Y Combinator's Winter 2021 batch and raised the region's largest debt and equity...
Read moreFintech in Egypt NowPay raises new funds a Pre-Series A round, joins Y Combinator ongoing Winter 2021 batch
NowPay, a financial wellbeing network for workers headquartered in Cairo, has joined Y Combinator and raised new funds in a...
Read moreThe Big 5
