{"id":575868,"date":"2020-11-02T03:55:41","date_gmt":"2020-11-02T03:55:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/alex-angels-reinvests-in-mumm-ordera-and-el-gameya\/"},"modified":"2020-11-02T03:55:41","modified_gmt":"2020-11-02T03:55:41","slug":"alex-angels-reinvests-in-mumm-ordera-and-el-gameya","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/alex-angels-reinvests-in-mumm-ordera-and-el-gameya\/","title":{"rendered":"Alex Angels reinvests in Mumm, Ordera, and El Gameya"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>STARTUP WATCH- Alex Angels plans to make follow-on investments in Mumm,<\/strong><strong> Ordera, and El Gameya as part of its new EGP 100 mn startup fund<\/strong>, Chairman Tarek El Kady said, according to <a href=\"https:\/\/bit.ly\/2HN97nj\">Al Mal<\/a>. El Kady said the fund would be writing cheques in the EGP 500k to EGP 2 mn range for each investment it makes. The launch of the fund had been <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2aeb4894-0c40-416c-a0c4-b56167abc5b6\">postponed from September to November<\/a> as a result of administrative procedures. Alex Angels had previously invested an undisclosed sum in homemade food delivery platform <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d5acfc7d-5d50-45ed-aa74-6ca237f6a170\">Mumm<\/a> in April this year, a six figure sum in collaborative savings app <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d94a8cde-0fb4-432c-8af2-91cc27b300e7\">El Gameya<\/a> in August, and a six-figure USD sum in on-demand food booking app <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4b723f99-aa52-4a92-8b43-fdd972a911f0\">Ordera<\/a> in the same month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>STARTUP WATCH- Alex Angels plans to make follow-on investments in Mumm, Ordera, and El Gameya as part of its new EGP 100 mn startup fund, Chairman Tarek El Kady said, according to Al Mal. El Kady said the fund would be writing cheques in the EGP 500k to EGP 2 mn range for each investment [&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":[4987,72,203,2380,95,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575868","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-alex-angels","tag-enterpriseam","tag-entrepreneurship","tag-speed-round","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"38c79148-dc78-41a7-a627-fd1b696befa0","is_powered_by":true,"section_story_id":"0cbefd3a-3339-4c5b-9526-d20e55229721","story_type":"1","photo_url":"","photo_position":"above","related_issue":[575858],"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>Alex Angels reinvests in Mumm, Ordera, and El Gameya - 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\/11\/02\/alex-angels-reinvests-in-mumm-ordera-and-el-gameya\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alex Angels reinvests in Mumm, Ordera, and El Gameya\" \/>\n<meta property=\"og:description\" content=\"STARTUP WATCH- Alex Angels plans to make follow-on investments in Mumm, Ordera, and El Gameya as part of its new EGP 100 mn startup fund, Chairman Tarek El Kady said, according to Al Mal. El Kady said the fund would be writing cheques in the EGP 500k to EGP 2 mn range for each investment [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/alex-angels-reinvests-in-mumm-ordera-and-el-gameya\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-02T03:55:41+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\/11\/02\/alex-angels-reinvests-in-mumm-ordera-and-el-gameya\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/alex-angels-reinvests-in-mumm-ordera-and-el-gameya\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Alex Angels reinvests in Mumm, Ordera, and El Gameya\",\"datePublished\":\"2020-11-02T03:55:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/alex-angels-reinvests-in-mumm-ordera-and-el-gameya\/\"},\"wordCount\":127,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Alex Angels\",\"EnterpriseAM\",\"entrepreneurship\",\"SPEED ROUND\",\"Startup watch\",\"startups\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/alex-angels-reinvests-in-mumm-ordera-and-el-gameya\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/alex-angels-reinvests-in-mumm-ordera-and-el-gameya\/\",\"name\":\"Alex Angels reinvests in Mumm, Ordera, and El Gameya - 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Alex Angels is in the process of setting up an offshore company to manage the portfolio of its planned EGP 100 mn fund, Chairman Tarek El Kady told Enterprise. 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The company\u2019s mobile app provides users with a food delivery platform where they can pre-order and prepay for meals from food vendors. Ordera\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":570987,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/food-delivery-startup-mumm-raises-undisclosed-pre-series-a-funding-from-alex-angels\/","url_meta":{"origin":575868,"position":2},"title":"Food delivery startup Mumm raises undisclosed pre-series A funding from Alex Angels","author":"enterpriseam admin","date":"26 April 2020","format":false,"excerpt":"STARTUP WATCH- Food delivery startup Mumm raises undisclosed pre-series A funding from Alex Angels: Egyptian online food platform Mumm has raised undisclosed funding from Alex Angels as part of an ongoing pre-series A round, Menabytes reports. The startup was founded in 2015 and delivers homemade food to customers. It has\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":573521,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/09\/elgameya-raises-six-figure-pre-seed-investment\/","url_meta":{"origin":575868,"position":3},"title":"ElGameya raises six-figure pre-seed investment","author":"enterpriseam admin","date":"9 August 2020","format":false,"excerpt":"STARTUP WATCH- Egyptian fintech startup ElGameya has raised an undisclosed six-figure investment in a pre-seed round led by AUC Angels, reports Menabytes. Cairo Angels and Alex Angels also participated in the funding round. 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