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Logistics (MENA) 
Flextock seals record pre-seed funding
An Egyptian logistics player just set a regional record for pre-seed funding: Logistics startup Flextock has closed a USD 3.25…
Kuwaiti coffee app Cofe to enter Egypt
Kuwaiti coffee delivery app Cofe is planning to expand into Egypt and Turkey after raising USD 10 mn in a…
Grocery app Appetito secures USD 450k in funding
Cairo-based grocery-delivery startup Appetito has secured USD 450k in seed funding to be put towards its product portfolio expansion, according…
Innoventures in talks with potential LP from the GCC, iMile launches in Egypt
https://enterprise.press/wp-content/uploads/2021/01/payment-780px.jpg VC firm Innoventures is in talks with a potential limited partner based in the GCC for its EGP 200…
Software startup Suitera lands USD 230k in investments
AUC software spinoff Suitera has received USD 230k in investments from electronic design automation firm Mentor Graphics’ former CEO Walden…
Paymob raises USD 18.5 mn series A round
Payment gateway Paymob completed its series A round with USD 18.5 mn raised, the company said in a statement (pdf).…
Regional startups have 32 mn reasons to be happy
Flat6Labs has launched a new fund in Abu Dhabi in partnership with ADQ: Sixty regional startups will receive USD 32…
MENA startups break records in 2020 with 256 active investors
A record number of venture capital investors provided finance to MENA-based startups last year, despite the disruption caused by the…
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