INVESTMENT WATCH- Cairo-based Nawah Scientific has raised USD 1 mn in a pre-series ‘A’ funding round, Menabytes reports. The round was led by Endure Capital and joined by 500 Startups, Averroes Ventures and Egypt Ventures. Founded in 2015, Nawah bills itself as “the first, private, multidisciplinary research center in Egypt catering for natural and medical sciences” provides outsourced testing for researchers who do not have access to advanced gear.
More from Enterprise
CBE tightens oversight on NBFIs banking amid debate
The move comes amid a growing debate over the rapid…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
Beltone opens subscriptions for Egypt’s first silver fund today, plans five more funds
The fund invests directly in physical silver
Fawry overhauls subsidiary leadership with new Fawry Plus, Fawry MSME heads
The fintech pioneer taps Group CFO Abdelmeguid Afifi to run…