Tag: Egypt's Startups
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Egypt’s Startup BrainsMingle Secures $400k to Transform Global Knowledge Sharing
Egyptian startup BrainsMingle, an artificial intelligence-powered, video-first professional networking platform, has secured US$400,000 in strategic seed funding from BasharSoft Group. This marks a significant...
Beltone Backs Egyptian Consumer Brands ariika and Lychee as They Expand into Saudi Arabia
Egyptian investment firm, Beltone Venture Capital (BVC), is deepening its commitment to homegrown consumer brands by increasing its investment in home furnishings company, ariika,...
Majid Al Futtaim Bets Big on Egypt with $3.1 Billion New Cairo Development
Majid Al Futtaim has announced its first major entry into the Egypt'’s residential real estate market through a strategic partnership with MIDAR for Investment...
Egyptian Ed-Tech Giant eYouth Partners Syrian Startup Doroob to Equip Youth With Job-Ready Skills
Egyptian education technology company, eYouth, has entered into a strategic partnership with Syrian startup Doroob to expand access to market-driven training programmes across Syria. The...
Egypt’s Blnk Raises $37.1M to Expand Financial Inclusion, Targeting Millions of Underserved Consumers
Cairo-based fintech startup Blnk has secured a combined US$37.1 million in fresh funding to accelerate its mission of expanding access to credit for millions...
Bosta Scores Major Investor Exit as Egypt’s Logistics Star Delivers 75% Return, Signals Investors Confidence in Africa
Egyptian logistics technology company Bosta has emerged at the centre of a major venture capital success story after Beltone Venture Capital and UAE-based Citadel...
Egypt’s Startup, Taager, Bets on China to Power MENA E-Commerce Boom as Competition Intensifies
Egypt-born and Saudi Arabia-headquartered social e-commerce platform, Taager, has opened its first supply office in China. A strategic move with aim to reshape how...
Foodtech Startup, Lola Secures $3M to Transform Personalised Celebrations Across MENA
FoodTech startup, Lola has just raised $3 million dollars to restructure the experience of ordering a custom cake which often involves endless calls, unclear...
Tamatem Expands Global Ambitions with Acquisition of Playable Factory, Eyes AI-Driven Gaming Future Across MENA
Jordan-based mobile gaming powerhouse, Tamatem, has announced the full acquisition of Playable Factory, a globally recognised leader in interactive advertising technology. A move that...
A15 Secures Ninth Exit as Egypt’s PopArabia Acquires Viral Wave, Expanding Music Power Play Across MENA
Egypt-based venture capital firm A15 has recorded its ninth successful exit following the acquisition of its portfolio company, Viral Wave, by regional music powerhouse...
Edafa Venture Acquires Egypt’s Cyclex in Six-Figure Deal to Drive Circular Economy Growth
Saudi-Egyptian investment firm, Edafa Venture, has acquired Egypt-based recycling startup Cyclex in a six-figure deal facilitated by Startup Sync, a move perfectly aligns with...
Homegrown Ventures Closes $22.8M Debut Fund, Stakes Big on Healthier Consumer Brands Across Emerging Markets
Homegrown Ventures, a UAE-based venture capital firm, has announced the final close of its debut Fund I at $22.8 million, surpassing its initial $20...
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