The popular full-service law firm ‘Al Tamimi & Company’ has launched their Venture Capital & Emerging Companies Law Review. It’s notable that they specialize in a number of practice areas and this launch is a major impact on the platform.
It also digs deeper into the venture capital world along...
GIZ Egypt has announced a €100M which is roughly $120M subsidizing program "VC University", focusing on first-time investment (VC) reserves. It’s in association with Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Endure Capital, and Changelabs
The sole purpose of this year-long program will offer planned asset administrators mentor...
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...
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...
Health-tech start-up MEDZnMORE raised a pre-series A round of $11.5 million from a series of angel and venture capitalist firms. Founded in 2020 based in Karachi Pakistan, in pursuit to solve the medical and wellness delivery service for B2B and B2C clientele of consumers, pharmacies and hospitals.
With the growth...
The KSA-based cloud POS platform Prexle helps retail store owners including clothing shops, electronics, and even grocery stores to manage their customers, discounts, purchase orders, and manage their inventories simultaneously. The platform also allows to manage and generate reports on taxes, sales and inventories as well. This startup was...
Telda, a Cairo-based advanced banking application has raised a $5M Pre-Seed subsidizing round, drove by Sequoia Capital with support from Global Founders Capital and Class 5 Global. This denotes the primary venture for Sequoia in North Africa and GCC and the main speculation by Global Founders Capital and Class...
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...
Amenli, the YC-backed startup has managed to attract a $2.3M seed round investment for providing insurance services across Egypt and that’s not all. The round had investment from several firms from both local and foreign. The investment firms include GFC, P1 Ventures, Liquid2 Ventures, Anim Fund with Costanoa VC,...
It was announced by Jahez International Company for Information Technology (Jahez) that the arrangement of HSBC Saudi Arabia as the Sole Financial Advisor and Global Coordinator for its possible first sale of stock (IPO) on the Saudi Exchange's Nomu - Parallel Market. Jahez is a local Saudi business that...
