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OneOrder closes USD 3 mn round + SideUp raises USD 1.2 mn
One Order raises USD 3 mn in Nclude-led seed round: Tech-enabled F&B logistics platform OneOrder has closed a USD 3…
500 Global to set up Egyptian office + boost local investments
500 Global is setting up shop here: Silicon Valley VC fund 500 Global is working on opening an office in…
MENA-focused VC Modus Capital plans to invest here and across Africa
The case for venture builders in Egypt and VCs in Africa, per Modus Capital: In the past two weeks, we’ve…
Egyptian National Railways lands funding from EIB, AFD
We’re getting EUR 316 mn from European development partners for railway upgrades: The European Investment Bank and the French Development…
Modus, USAID launch local venture builder to promote digital inclusion
A new venture builder on the scene: MENA-focused venture capital firm ModusCapital and our friends at USAID have launched MV…
More Swvl layoffs as company continues quest to turn cashflow positive
Swvl hands out more pink slips: Cairo-born mass transport app Swvl carried out a second wave of layoffs, Bloomberg Asharq…
Meet our founders of the week:CO-55’s Farah and Ahmed Salim
OUR FOUNDER OF THE WEEK- Every Tuesday, Founder of the Week looks at how a successful member of Egypt’s startup…
Local pharma startup closes USD 8 mn round + Klivvr gets CBE nod
Local B2B pharma platform Grinta has closed a USD 8 mn seed round led by MENA-focused VC Raed Ventures and…
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