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Delivery startup ShipBlu secures USD 2.4 mn seed round
Last mile delivery startup ShipBlu raised USD 2.4 mn in a seed round led by Saudi Arabia’s Nama Ventures, according…
TONIGHT: Egypt is getting on the SPAC train + NBE is getting a USD 200 mn loan for infrastructure onlending + COP26 gets underway with a sobering warning
To quote Bone-Thugs-N-Harmony: “Wake up, wake up. It’s the first of the month.” And already it’s looking very busy, with…
Swvl backer VC firm Chimera Capital wraps up second closing of its maiden fund
Swvl backer Chimera Capital has exceeded its USD 50 mn target with the completion of the second close of its…
From Fertiglobe to yet another regional VC fund, it’s a relatively quiet start to the week for global markets
Trading of Fertiglobe’s shares is due to begin tomorrow on the ADX, after the fertilizer producer raised some USD 795…
Beware the clueless tourist VC + Melbourne citizens come out of lockdown
Beware the clueless tourist VC: The soaring interest in Egyptian startups from foreign VCs may seem opportune. But without the…
Sequence Ventures’ launches EGP 500mn Egypt Deep-Tech fund
Venture capital firm Sequence Ventures has launched a new EGP 500 mn fund dubbed Egypt Deep-Tech, it said in a…
E-commerce player Cartona raises USD 4.5 mn pre-series A funding
Egyptian B2B e-commerce platform Cartona has raised USD 4.5 mn in a pre-series A round led by the Dubai-based VC…
Fintech startup Dopay raises USD 18 mn in series A round
Egypt-based fintech startup Dopay has secured USD 18 mn in funding in a series A round led by UK VC…
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