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China’s Winpex to set up USD 15 mn plant in Sokhna
PLUS- Elsewedy Electric Saudi Arabia has inaugurated a new USD 40 mn factory in Riyadh
Egypt Ventures appoints Ayman Ismail as new board chairman
Ismail helped found AUC Venture Lab, Egypt’s first university-based incubator and accelerator
Edtech platform Almentor raises USD 10 mn in pre-series C round. PLUS: Acasia Ventures invests in Credable.
The money will be used to launch in Saudi Arabia and build out its B2C segment
Health startup Rology raises undisclosed pre-series A funding + Kemitt launches B2B marketplace
Teleradiology platform Rology has raised pre-series A funding round, it said in a press release (pdf yesterday. The round was…
Fashion marketplace Gahez gets USD 2 mn pre-seed investment
Fashion marketplace Gahez has raised USD 2 mn in a pre-seed funding round led by Disruptech Ventures, the company announced…
More startup news than you can shake a stick at
Transport startup Schoolz has closed a six-figure USD pre-seed round from angel investors in Egypt and Saudi Arabia, the company…
Fatura raises USD 3 mn pre-series A round
Egyptian B2B marketplace Fatura closed a USD 3 mn pre-series A funding round co-led by Sawari Ventures and Arzan VC,…
Almentor raises USD 6.5 mn financing round led by Partech
Online self-learning platform Almentor has raised a third round of financing worth USD 6.5 mn, bringing their total investments to…
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