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AI + Innovation (MENA) 
Infrastructure 
Real estate player Seqoon secures USD 500k in pre-seed round + B2B services marketplace Unlock lands first round of funding
Two local startups — one in real estate, the other in B2B services — announced six-figure funding rounds yesterday. Real…
Trella secures USD 6 mn in venture debt backed by the US gov’t
The good people at B2B logistics marketplace Trella have secured USD 6 mn in debt financing from global debt platform…
THIS EVENING: Qatar’s SWF snapping up USD 2.5 bn-worth of state-owned company stakes + MaxAB closes USD 40 mn pre-series B
Happy almost-THURSDAY, wonderful people. The weekend is (just) within reach, but the news cycle isn’t dying down just yet. THE…
Fintech Nexta snags USD 3 mn from e-Finance + E-commerce startup Kenzz lands USD 3.5 mn seed round
Fintech startup Nexta has closed a USD 3 mn round led by EGX-listed e-payments giant e-Finance, according to a press…
Telda bags USD 20 mn round + FlapKap lands its second round this year
It’s shaping up to be a big week for VC inflows to local startups: Yesterday it was pharma companies, today…
Vezeeta raises undisclosed round + i’Supply raises USD 1.5 mn pre-seed
Pharma startups big and small got a shot in the arm yesterday, as Egypt-born Vezeeta and local newcomer i’Supply both…
Capiter’s co-founders take legal action against board over their dismissal
Capiter meltdown could end up in court: The two co-founders of B2B e-commerce startup Capiter have filed a lawsuit with…
Glamera lands seed funding round
Egypt-born B2B beauty startup Glamera secured a USD 1.3 mn seed funding round led by Riyadh AngelInvestors, with participation from…
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