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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…
Modus Capital could invest in Egyptian AI, blockchain startups with new USD 75 mn fund
Modus’ new fund eyes African tech startups — including here: MENA-focused venture capital firm Modus Capital has launched a fresh…
Blnk lines up USD 32 mn in funding, including debt, equity and proceeds from securitized bond
Fintech startup Blnk has lined up USD 32 mn in funding, the company said in astatement Thursday. The money includes…
Foodtech startup Brotinni closes USD 600k seed round
Online butcher Brotinni raised USD 600k in a seed round, it said in a statement (pdf) yesterday. The funding round…
Exile on Wall Street?
Swvl gets a first warning from Nasdaq over its low share price: Cairo-born ride-hailing startup Swvl has received a notice…
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