{"id":557645,"date":"2021-09-27T04:00:04","date_gmt":"2021-09-27T04:00:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/"},"modified":"2021-09-27T04:00:04","modified_gmt":"2021-09-27T04:00:04","slug":"blockchain-startup-pravica-raises-funding-from-swiss-vc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/","title":{"rendered":"Blockchain startup Pravica raises funding from Swiss VC"},"content":{"rendered":"

<\/a> Egyptian blockchain startup <\/strong>Pravica<\/a><\/strong> has received an undisclosed direct <\/strong>investment from <\/strong>Crypto Valley Venture Capital<\/a><\/strong> (CV VC), the company announced in a statement<\/a> yesterday.<\/p>\n

About Pravica: <\/strong>Founded in 2019, Pravica offers a suite of secure communication software based on a decentralized blockchain network to ensure its users\u2019 data privacy and security.<\/p>\n

This is the company\u2019s first investment since April 2020<\/strong>, when it raised USD 500k in a pre-seed round<\/a> led by 500 Startups, with participation from Modus Capital and Dyres Ventures.<\/p>\n

The company plans to use fresh injection to expand its operations and increase users of its secure messaging app:<\/strong> It aims to have at least 5k businesses and 500k individual users by the end of FY2022.<\/p>\n

About CV VC:<\/strong> CV VC is Swiss VC firm and incubator that targets startups in the blockchain and crypto spaces.<\/p>\n

Want to understand the basics of blockchain?<\/strong> Check out our explainer here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egyptian blockchain startup Pravica has received an undisclosed direct investment from Crypto Valley Venture Capital (CV VC), the company announced in a statement yesterday. About Pravica: Founded in 2019, Pravica offers a suite of secure communication software based on a decentralized blockchain network to ensure its users\u2019 data privacy and security. This is the company\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[707,72,95],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557645","post","type-post","status-publish","format-standard","hentry","category-startup-watch","tag-blockchain","tag-enterpriseam","tag-startup-watch","wpautop","entry"],"acf":{"mongo_id":"f20fd830-761d-4455-b286-32246027a604","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[557635],"teaser":"","voice_url":""},"yoast_head":"\nBlockchain startup Pravica raises funding from Swiss VC - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blockchain startup Pravica raises funding from Swiss VC\" \/>\n<meta property=\"og:description\" content=\"Egyptian blockchain startup Pravica has received an undisclosed direct investment from Crypto Valley Venture Capital (CV VC), the company announced in a statement yesterday. About Pravica: Founded in 2019, Pravica offers a suite of secure communication software based on a decentralized blockchain network to ensure its users\u2019 data privacy and security. This is the company\u2019s […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-27T04:00:04+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Blockchain startup Pravica raises funding from Swiss VC\",\"datePublished\":\"2021-09-27T04:00:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/\"},\"wordCount\":155,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"blockchain\",\"EnterpriseAM\",\"Startup watch\"],\"articleSection\":[\"Startup watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/\",\"name\":\"Blockchain startup Pravica raises funding from Swiss VC - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-09-27T04:00:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Blockchain startup Pravica raises funding from Swiss VC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Blockchain startup Pravica raises funding from Swiss VC - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/","og_locale":"en_US","og_type":"article","og_title":"Blockchain startup Pravica raises funding from Swiss VC","og_description":"Egyptian blockchain startup Pravica has received an undisclosed direct investment from Crypto Valley Venture Capital (CV VC), the company announced in a statement yesterday. About Pravica: Founded in 2019, Pravica offers a suite of secure communication software based on a decentralized blockchain network to ensure its users\u2019 data privacy and security. This is the company\u2019s […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-09-27T04:00:04+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Blockchain startup Pravica raises funding from Swiss VC","datePublished":"2021-09-27T04:00:04+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/"},"wordCount":155,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["blockchain","EnterpriseAM","Startup watch"],"articleSection":["Startup watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/","name":"Blockchain startup Pravica raises funding from Swiss VC - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-09-27T04:00:04+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/27\/blockchain-startup-pravica-raises-funding-from-swiss-vc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Blockchain startup Pravica raises funding from Swiss VC"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":571169,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/03\/egypt-based-blockchain-email-service-provider-pravica-raises-usd-500k-pre-seed-funding-round\/","url_meta":{"origin":557645,"position":0},"title":"Egypt-based blockchain email service provider Pravica raises USD 500k pre-seed funding round","author":"enterpriseam admin","date":"3 May 2020","format":false,"excerpt":"STARTUP WATCH- Egypt-based blockchain email service provider Pravica has raised a USD 500k pre-seed funding round led by 500 Startups, Magnitt reports. Modus Capital and Dyres Ventures also participated in the round. Pravica, which was originally named Dmails, plans to use the funding to grow its team and expand its\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555604,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/21\/edtech-startup-educatly-closed-a-usd-1-mn-pre-seed-round\/","url_meta":{"origin":557645,"position":1},"title":"Edtech startup Educatly closed a USD 1 mn pre-seed round","author":"enterpriseam admin","date":"21 November 2021","format":false,"excerpt":"Edtech outfit Educatly closed a USD 1 mn pre-seed funding round from Irish state development lender Enterprise Ireland, Falak Startups and a group of angel investors, the company said in a press release last week. The company will use the investment to integrate new tech including AI and blockchain into\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/524.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591476,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/08\/egyptian-led-fintech-startup-tribal-credit-raises-usd-5-5-mn-seed-round\/","url_meta":{"origin":557645,"position":2},"title":"Egyptian-led fintech startup Tribal Credit raises USD 5.5 mn seed round","author":"enterpriseam admin","date":"8 December 2019","format":false,"excerpt":"STARTUP WATCH- Tribal Credit raises USD 5.5 mn seed round: Tribal Credit, a Silicon Valley-based fintech startup co-founded by Egyptian entrepreneurs Amr Shady and Mohamed Elkasstawi, has raised USD 5.5 mn in a seed funding round led by BECO Capital and Global Ventures, according to an emailed statement (pdf). The\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553567,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/08\/waffarx-closes-multi-mn-financing-round-from-silicon-valley-vc-firm\/","url_meta":{"origin":557645,"position":3},"title":"WaffarX closes multi-mn financing round from Silicon Valley VC firm","author":"enterpriseam admin","date":"8 December 2021","format":false,"excerpt":"Cashback services startup WaffarX closed a multi-mn USD funding round from Silicon Valley VC firm Lobby Capital, Wamda reported, marking Lobby\u2019s inaugural investment in the MENA region. WaffarX plans to use the funds raised to expand its platform and user base, and enter new markets in the MENA region. WaffarX\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/257.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555147,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/03\/delivery-startup-appetito-raises-usd-2-mn-pre-seed-funding\/","url_meta":{"origin":557645,"position":4},"title":"Delivery startup Appetito raises USD 2 mn pre-seed funding","author":"enterpriseam admin","date":"3 November 2021","format":false,"excerpt":"Cairo-based grocery delivery startup Appetito has raised USD 2 mn in pre-series A funding, the company said in a statement (pdf) last night. The round was led by US VC firm Jedar Capital and featured participation from Ghanaian investment company Golden Palm Investments, Africa-focused VC DFS Lab and a number\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/305.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593625,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/03\/uaes-beco-closes-second-vc-fund\/","url_meta":{"origin":557645,"position":5},"title":"UAE\u2019s Beco closes second VC fund","author":"enterpriseam admin","date":"3 October 2019","format":false,"excerpt":"STARTUP WATCH- UAE\u2019s Beco closes second VC fund: Beco Capital has closed its second startup fund at USD 100 mn, exceeding its initial USD 80 mn target, the Dubai-based venture capital firm said in a press release (pdf). Among those committing capital to the fund were Rimco Investment, the International\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=557645"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/557645\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/557635"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=557645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=557645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=557645"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=557645"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=557645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}