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E-commerce startup Teegara raises undisclosed bridge round
E-commerce startup Teegara has successfully closed a five-figure USD bridge round led by Alexandria Angels Network, with participation from new…
Logistics startup Mylerz plans Egypt + Africa expansion after raising USD 9.6 mn in funding
Cairo-based logistics startup Mylerz has raised USD 9.6 mn in equity funding from private equity outfit Lorax Capital Partners, the…
Meet our founder of the week: Sympl’s Mohamed El Shabrawy El Feky
OUR FOUNDER OF THE WEEK- Mohamed El Shabrawy El Feky, co-founder and CEO of Sympl (LinkedIn). My name is Mohamed…
Paymob closes USD 50 mn series B round, wants to enter GCC this year
Paymob closes Egypt’s largest ever fintech series B round: Fintech startup Paymob raised USD 50 mn in a series B…
Saudi’s Foodics closes largest-ever SaaS series C round in Mideast
Saudi food startup closes blockbuster series C round: Saudi restaurant management platform Foodics has raised USD 170 mn in the…
Swvl to acquire Turkish transit company Volt Lines
Cairo-born mass transit firm Swvl is continuing its buying spree, announcing this week an agreement to purchase Turkish firm Volt…
UAE-based fintech platform FlexxPay to make Egypt its third market
FlexxPay lands in Egypt: UAE-based fintech platform FlexxPay is expanding to Egypt, it announced in a press statement (pdf) last…
Cairo Angels invests in UAE family activities app QiDZ
The Cairo Angels Syndicate Fund has made an investment in Gulf family entertainment marketplace QiDZ, the VC fund announced in…
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