{"id":571601,"date":"2020-05-18T03:56:40","date_gmt":"2020-05-18T03:56:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/"},"modified":"2020-05-18T03:56:40","modified_gmt":"2020-05-18T03:56:40","slug":"innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/","title":{"rendered":"Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>INVESTMENT WATCH- Innoventures in talks with potential LPs to raise USD 100 <\/strong><strong>mn fund for food startups:<\/strong> Local startup investor Innoventures is raising a USD 100 mn fund targeting food startups and is in talks with potential limited partners including UK\u2019s CDC Group and global giant Blackstone, co-founder Rafik Dalala tells <a href=\"https:\/\/bit.ly\/3fUq7Vf\">Al Mal<\/a>. Other potential LPs include EBRD, the International Finance Corporation and an unnamed Canadian investment fund. State-owned National Bank of Egypt and Banque Misr have also been pitched. The story doesn\u2019t say when Innoventures hopes to close the fund or to begin deploying capital.<\/p>\n<p><strong>Background:<\/strong> <a href=\"https:\/\/innoventures.me\/\">Innoventures<\/a> is an Egypt-based VC firm that has invested in early stage startups across a range of industries. CDC has invested in a range of Egyptian blue chips via funds managed by emerging markets PE giant Actis and has <a href=\"https:\/\/www.cdcgroup.com\/en\/our-investments\/search-results\/page\/1\/?inv-country%5B0%5D=Egypt&inv-sector%5B0%5D\">also made direct investments<\/a> and extended tier-2 finance to local banks. Meanwhile, Blackstone has long held an interest in Egypt; its subsidiary Zarou was <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/13\/zarou-is-egypts-top-contender-for-stake-in-siemens-power-plants-6237\/\">reportedly a frontrunner<\/a> to acquire a stake in the Siemens-built combined cycle power plants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups: Local startup investor Innoventures is raising a USD 100 mn fund targeting food startups and is in talks with potential limited partners including UK\u2019s CDC Group and global giant Blackstone, co-founder Rafik Dalala tells Al Mal. Other potential [&hellip;]<\/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":[8572],"tags":[5151,576,1113,3271,191,72,3095,759,248,5150,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571601","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-amr-sadiq","tag-banque-misr","tag-blackstone","tag-cdc-group","tag-edita","tag-enterpriseam","tag-innoventures","tag-international-finance-corporation","tag-national-bank-of-egypt","tag-rafik-sadiq","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5b2a998a-a4b8-4ba7-9b44-ecfe8bfef4b0","is_powered_by":true,"section_story_id":"94b196e3-d276-4bda-804d-a1d65b1fdd3e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[571591],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups - 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\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups: Local startup investor Innoventures is raising a USD 100 mn fund targeting food startups and is in talks with potential limited partners including UK\u2019s CDC Group and global giant Blackstone, co-founder Rafik Dalala tells Al Mal. Other potential [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-18T03:56:40+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\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups\",\"datePublished\":\"2020-05-18T03:56:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/\"},\"wordCount\":188,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Amr Sadiq\",\"Banque Misr\",\"Blackstone\",\"CDC Group\",\"Edita\",\"EnterpriseAM\",\"Innoventures\",\"International Finance Corporation\",\"National Bank of Egypt\",\"Rafik Sadiq\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/\",\"name\":\"Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-05-18T03:56:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups\"}]},{\"@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":"Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups - 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\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/","og_locale":"en_US","og_type":"article","og_title":"Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups","og_description":"INVESTMENT WATCH- Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups: Local startup investor Innoventures is raising a USD 100 mn fund targeting food startups and is in talks with potential limited partners including UK\u2019s CDC Group and global giant Blackstone, co-founder Rafik Dalala tells Al Mal. Other potential [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-05-18T03:56:40+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\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups","datePublished":"2020-05-18T03:56:40+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/"},"wordCount":188,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Amr Sadiq","Banque Misr","Blackstone","CDC Group","Edita","EnterpriseAM","Innoventures","International Finance Corporation","National Bank of Egypt","Rafik Sadiq","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/","name":"Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-05-18T03:56:40+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups"}]},{"@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":591807,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/innoventures-launches-egp-100-mn-tech-startup-investment-fund\/","url_meta":{"origin":571601,"position":0},"title":"Innoventures launches EGP 100 mn tech startup investment fund","author":"enterpriseam admin","date":"17 December 2019","format":false,"excerpt":"Innoventures has established a EGP 100 mn investment fund to invest in local tech startups, partner Rafik Dalala told Al Mal. The fund has raised EGP 12 mn so far, with EGP 4 mn coming from the Information Technology Industry Development Agency. The company plans to launch another USD 50\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":565582,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/18\/innoventures-in-talks-with-potential-lp-from-the-gcc-imile-launches-in-egypt\/","url_meta":{"origin":571601,"position":1},"title":"Innoventures in talks with potential LP from the GCC, iMile launches in Egypt","author":"enterpriseam admin","date":"18 April 2021","format":false,"excerpt":"https:\/\/enterprise.press\/wp-content\/uploads\/2021\/01\/payment-780px.jpg VC firm Innoventures is in talks with a potential limited partner based in the GCC for its EGP 200 mn VC fund, Al Mal reports, quoting Innoventures partner Rafik Dalala. Bringing this investor aboard would allow the fund to invest in GCC-based startups alongside its focus on Egypt, Dalala\u2026","rel":"","context":"In &quot;SPEED ROUND: STARTUP WATCH&quot;","block_context":{"text":"SPEED ROUND: STARTUP WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/443.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":649744,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/innoventures-accelerator-open-to-applicants-launches-egp-30-mn-vc-fund\/","url_meta":{"origin":571601,"position":2},"title":"Innoventures accelerator open to applicants, launches EGP 30 mn VC fund","author":"enterpriseam admin","date":"7 March 2017","format":false,"excerpt":"Innoventures announced applications are now open for the fourth cycle of its accelerator programme Startup Reaction, CPI Financial reported. The programme is in partnership with Venture Capital for Africa (VC4A). Innoventures also launched a new EGP 30 mn venture capital fund. Startup Reactor offers seed funding up to EGP 300,000\u2026","rel":"","context":"In &quot;ON YOUR WAY OUT&quot;","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628438,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/innoventures-and-asrt-launch-startup-reactor-in-suez\/","url_meta":{"origin":571601,"position":3},"title":"Innoventures and ASRT launch Startup Reactor in Suez","author":"enterpriseam admin","date":"3 May 2018","format":false,"excerpt":"Innoventures and ASRT launch Startup Reactor in Suez: Egyptian venture capital firm Innoventures has partnered with Suez University and the Academy of Scientific Research and Technology (ASRT) to launch Startup Reactor in Suez, Innoventures announced in a press release (pdf). The six-month entrepreneurship program, which is part of ASRT\u2019s nationwide\u2026","rel":"","context":"In &quot;ON YOUR WAY OUT&quot;","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/5\/1932.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":635932,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/innoventures-announces-winners-of-fourth-cycle-of-its-startup-reactor-programme\/","url_meta":{"origin":571601,"position":4},"title":"Innoventures announces winners of fourth cycle of its Startup Reactor programme","author":"enterpriseam admin","date":"17 December 2017","format":false,"excerpt":"Adaptable charging solutions Happiana has won the first prize at Innoventures\u2019 fourth startup program cycle, Disrupt Africa reports. Bioniclimbs, a research and development based company for developing prosthetic limbs, came in second place and interactive presentation creation platform Imaginators won the popular vote prize. In total, Innoventures dished out EUR\u2026","rel":"","context":"In &quot;ON YOUR WAY OUT&quot;","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554019,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/aim-technologies-closes-sequence-ventures-led-seed-round\/","url_meta":{"origin":571601,"position":5},"title":"AIM Technologies closes Sequence Ventures-led seed round","author":"enterpriseam admin","date":"16 December 2021","format":false,"excerpt":"AIM Technologies closes Sequence Ventures-led seed round: Cairo-based AIMTechnologies has raised an undisclosed amount during a seed round led by local VC firm Sequence Ventures, according to a joint statement (pdf) out yesterday.This is the first investment in Sequence\u2019s Egypt Deep-Tech fund, which was launched earlier this quarter to channel\u2026","rel":"","context":"In &quot;Startup watch&quot;","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\/367.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571601","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=571601"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571601\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/571591"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=571601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=571601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=571601"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=571601"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=571601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}