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Capiter board fires CEO, COO as company looks set to become first casualty of slowdown on Planet Startup
The board of directors of B2B e-commerce startup Capiter has fired the company’s co-founders “effective immediately,” according to a statement…
Endure Capital reaches first close on fund + UAE’s Tabby lands in Egypt — and Egyptian-ish crypto unicorn
Endure Capital has hit first close on its USD 50 mn Endure 21 fund, raising an eight-figure sum, partner Mohamed…
E-commerce platform El Dokan + used-car retailed Carzami close first funding rounds
Two local startups get a first foot on the funding ladder: E-commerce software provider El Dokan raised USD 550k in…
Edtech Emonovo raises undisclosed bridge round + Shezlong, SubsBase plan expansion
We’ve got a bunch of startup news for you this morning: Local edtech firm Emonovo has raised a fresh bridge…
KarmSolar is looking for investors
Solar energy company KarmSolar will sell a minority stake to investors via a capital increase as it looks to expand…
SaaS startup Zeew to up headcount following USD 630k seed round
Egypt-headquartered SaaS startup Zeew secured USD 630k in a seed round led by Plug and Play Ventures, Poland Prize and…
SubsBase raises USD 2.4 mn in a seed round led by Global Ventures
Egyptian subscription management platform SubsBase has raised USD 2.4 mn in a seed round led by Global Ventures, according to…
Edtech startup OBM lands USD six-figure investment from EdVentures
Student career advising startup OBM Education has secured a six-figure USD investment from EdVentures, according to a company statement (pdf)…
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