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Eight Egyptian startups raise USD 52 mn in June
Egyptian startups were the second highest recipients of funding in MENA in June, with eight businesses raising USD 52 mn,…
MaxAB closes landmark funding in fresh round led by Ahmed Badreldin’s RMBV
MaxAB has raised USD 40 mn in a series A round led by impact investor RMBV, bringing the amount invested…
Minly closes USD 3.6 mn seed round, eyes regional expansion
Customized celeb video platform Minly closed a USD 3.6 mn seed round co-led by 4DX Ventures, B&Y Venture Partners, and…
zVendo closes seven-figure pre-series “A”
Egyptian e-commerce platform zVendo has raised a seven-figure USD pre-series “A” round with participation from local manufacturer Mobica as well…
Almentor raises USD 6.5 mn financing round led by Partech
Online self-learning platform Almentor has raised a third round of financing worth USD 6.5 mn, bringing their total investments to…
UAE’s service marketplace Rizek wants to enter Egypt
UAE-based service marketplace Rizek is planning to expand into Egypt and Saudi Arabia “in the coming months'' after raising USD…
Flat6Labs’ Egypt fund more than quadruples to EGP 207 mn
Flat6Labs has completed the second close of its Egypt-focused Flat6Labs Accelerator Company (FAC), raising the fund size to EGP 207…
Homzmart raises USD 15 mn in series A funding
Online furniture marketplace Homzmarthas landed USD 15 mn in a series A round led by China’s MSA Capital and Emirati-Saudi…
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