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Chimera closes USD 10 bn venture capital fund
Our friends at the UAE’s Chimera closes fundraising for one of the largest funds in VC history: Our friends at…
2021 was a bumper year for emerging market venture capital funding
2021 was a bumper year for EM VC funding: Among emerging markets, 2021 saw soaring increases in the number of…
Grocery startup Tawfeer Market secures USD 500k seed funding
Grocery delivery startup Tawfeer Market has raised USD 500k in seed funding, the company has announced. The Alexandria-based company said…
Women-led businesses are less likely to raise funding
#GirlBosses struggle to raise funds in male-dominated fields: Women founders struggle to raise funds in the traditionally male-dominated world of…
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…
Chimera Capital reaches final close on its first VC fund
Our friends at Abu Dhabi fund manager Chimera Capital have hit final close on their first venture capital fund at…
Algebra Ventures Fund II locks USD 15 mn from EBRD
The European Bank for Reconstruction and Development (EBRD) has approved a USD 15 mn equity commitment to Algebra Ventures’ second…
Making it rain
Cairo Angels announces first close on USD 5 mn micro-VC fund. Angel investment group Cairo Angels reached first close on…
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