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Startup

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

estshara logo
The popular Cairo-based Health-tech startup and tele-consultations platform Estshara has managed to raise about $500K in a Seed Funding round. The round was led by Egypt Ventures. This fresh fund has put the startup on the list of promising Healthcare Startups in Emerging Venture Markets. The platform was founded by...
Sankeen Founders
In a seed funding round, the Egypt-based online portal, Sakneen, that helps home buyers locate properties, has raised $1.1 million with support from Sarwa Capital and Foundation Ventures and led by Algebra Ventures. Others entities that invested in the round were Nakhla VC - a Saudi-based fund, Hem+Spire - a US-based...
Sarmayacar logo
It was announced by the popular Pakistan-based Sarmayacar VC that it has helped dispatch their shipping marketplace center TruckSher. The VC firm didn't unveil the size of capital it has infused into the startup. It didn't share the specific insights concerning how much stake it possesses in TruckSher however...
Huspy logo
The popular Protech startup Huspy from Dubai has managed to raise a funding round. The round was joined by B&Y Ventures, Amir Farha (Cotu), Plug and Play along with other regional family offices and the round was led by VentureFriends. The platform was founded back in August last year by...
Connect Ads Team
It was announced that the Egyptian advertising platform Connect Ads was acquired by the Miami-based digital media company Aleph Holding by an 86% stake. The deal was comprised of both cash and stock and that’s about it from the announcement. It didn’t share the exact financial details thoroughly but...
OtoNexus Medical Technologies logo
The popular global, women-run venture firm Mindshift Capital has recently invested into the Series C raise of US-based OtoNexus Medical Technologies, perceived as one of the main US organizations at the cutting edge innovative solutions for infection controls. The firm was founded back in 2019 by Caitlin Cameron who is...
Majarra logo
The US-based global digital media investor NBM aka North Base Media of their investment in Majarra which is an Abu-Dhabi-based Arabic online content provider. The investment included other strategic GCC individuals which were said in a statement. “We’re delighted to have a high quality and specialized investor like North Base...
Edventures logo
It was announced that EdVentures, the popular funding wing of the Egyptian Nahdet Misr Publishing Group, has gotten the 'Training Investors of the Year' grant for the MENA area by UK-based web magazine ‘Corporate Vision’ and that’s not all. This particular honorary award for ‘Education and Training' classification tries...
Diggipacks logo
KSA’s DIGGIPACKS was founded by Amin Al-Atrash and Hasan Jabarti back in 2020. Amin Al-Atrash is already popular for several things with experience in logistics for 20 years along with last-mile, cold-chain, and even fulfillment sectors. He’s been having a goal to make a footprint within the same industry...
Buy Now Pay Later logo
As the world went into lock down a year ago, the vast majority had to look for alternative ways. And they pretty much turned to internet shopping and other web-based services. And that certainly sped things up on web-based business reception. And expanded a lot of absolute US retail...