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Simplex raises new funding round to up CNC annual production capacity to 3.5k units
Simplex is looking for an international strategic partnership as it pushes further into regional markets
Fincart closes USD 2.8 mn seed round
The e-commerce operations startup wants physical presence in new markets by 2027
Mylerz raises over EGP 100 mn to fund domestic expansion
Proceeds will go toward shoring up Mylerz’ balance sheet, funding its working capital needs, and supporting infrastructure growth here at…
BasharSoft leads USD 400k seed round for Brainsmingle
The transaction marks BasharSoft’s first strategic investment since its acquisition of iCareer last year
New stablecoin-powered fintech Sovra raises USD 2 mn in pre-seed funding
The platform will be rolled out in 180 countries, with a focus on MENA
Blnk raises USD 37.1 mn to scale its consumer finance operations
The local fintech reached profitability last year and will use the fresh capital to grow its loan portfolio and launch…
Dealfuze launches AI matchmaking platform for MEA founders
Dealfuze’s AI matching engine pairs founders in underserved MEA markets with investors based on merit, not on network proximity
Egypt’s largest listed developer Talaat Moustafa reports jump in income, revenue
Plus: Byit expands into the UAE
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