STARTUP WATCH- Incorta raises USD 30 mn in series C round: California-based data analytics startup Incorta, which bases its software development operation in Egypt, has raised USD 30 mn in a series C funding round, Al Mal reports. US-based private equity firm Sorenson Capital led the round, which saw participation from Google Ventures and Microsoft’s Venture Fund (M12), as well as the Tesla venture fund counterpart. Incorta was founded in 2013 by former Oracle executives, including Egypt-born Osama Elkady. The company also has among its ranks Careem Egypt’s former managing director Wael El Fakharany as a regional VP.

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