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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…
Algebra Ventures nets USD 100 mn first close on second fund
Venture capital firm Algebra Ventures’ second fund has reached a USD 100 mn first close, surpassing the USD 90 mn…
Smart device maker CardoO secures USD 660k in (pretty unique) seed funding
Homegrown smart device startup CardoO has landed USD 660k in a seed funding round led by Alexandria Angels with investment…
Another suitor for Capiter?
Is Saudi fintech Sanad Cash moving in on Capiter? Saudi fintech platform Sanad Cash wants to acquire 60% of crisis-stricken…
Proptech startup Partment secures USD 1.5 mn in pre-seed round
Proptech startup Partment secured USD 1.5 mn in a pre-seed round led by Nclude Fintech Innovation Fund and Plus Venture…
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