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Startup

Startup refers to new companies seeking to disrupt or innovate an industry using digital and technology.

Kemitt logo
The popular Egypt-based furniture marketplace platform Kemitt has raised a six-figure seed round to gather pledges from a gathering of Saudi Angel investors and that's not all. These supports will be effective to work with Kemitt's development all through Egypt. They additionally plan to distribute these assets carefully to...
iMile logo
The popular Dubai-based market leader, iMile in delivery services has recently and officially launched their services in Egypt. Their current operations are based in Cairo and Suez and a goal to expand further in the region. “We have solid plans for what we want to achieve in 2021 and our...
Appetito logo
The popular Cairo-based grocery platform startup, Appetito has raised about $450K on a Seed round from a gathering of Saudi Arabian Angel investor Ahmed Al Alola. He led the entire funding round in a beginning phase who was one of the early sponsors of Nana and Sary along with...
Samurai Incubate
Samurai Incubate Inc, the popular venture capital firm from Tokyo closed its “Samurai Africa 2nd General Partnership” fund very recently. They’ve successfully managed to secure about $18.6 million which is roughly 2.026B yen. This platform with pretty much an oversubscribed funding firm saw a scope of corporates and several financial...
Carasti logo
The popular car subscription platform from UAE has secured a $3M pre-series A funding round and that’s not all. This popular platform closed the funds was participated by Rua Growth Fund along with several other undisclosed investors and it was led by Net Ventures. The platform was launched back in...
Qatar Qstp
The QSTP, Qatar Science & Technology Park which is a part of QFR and QF RDI has recently signed an MoU with Innovation Café. The Café provides a lot of innovation related to development and configuration thinking studio arrangement which intends to give the correct chances, direction, and backing...
Falak investment hub logo
It’s been four months since Falak Investment Hub, the Saudi-based startup has accepted the application of eight of the most popular tech startups within the MENA regions into their acceleration program. The program consists of three new companies from Egypt along with three from KSA, and one each in...
APS logo
Amazon’s payment processing service in the MENA region, Amazon Payment Services has announced some changes about waiving all fees for the new businesses. Their aim is to benefit from the services that come with it in Egypt. Amazon Payment Services will postpone their services on accounts and support fees...
Masr Afdal logo
The Egypt-based online platform 'Masr Afdal' has already made its way into advancing and exporting Egyptian-made products to the worldwide market along with other plans. The founder and Egyptian business visionary Hamed El Ghool plans on putting Egypt on the worldwide online business map by interfacing with the local...
Alsaree3 group Logo
The ALsaree3 group has closed a 7-figure bridge round at the end of last month. The group consisting of 2 different platforms including Alsaree3 which is a food delivery platform and Al Zajel Express which provides delivery services. The round was coordinated by Innovest ME and Iraq Tech Ventures....