Sakneen, a property tech startup based in Egypt, recently announced that it had raised $1.1 million in a seed round led by Algebra Ventures. Sarwa Capital and Foundation Ventures also contributed significantly to the round. Hem + Spire, a real estate private equity firm based in the United States,...
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...
It was announced this Thursday that the popular Tunisiansp-French SaaS startup Expensya has brought $20MÂ up in new assets from Paris-based MAIF Avenir and Amman-based Silicon Badia. This particular Series B round takes Expensya's absolute raise to date to more than $25M. And it makes it the best-subsidized Tunisian...
Capiter, the popular Cairo-based eCommerce marketplace has managed to raise about $33M in a Series A funding round. The series A funding round was co-led by Quota Capital and MSA Capital. The deal had the participation of Saudi-based FMCG and retailer conglomerate Savola, Shorooq Partners, Foundation Ventures, Accion Venture...
Colendi, the popular Turkey-based micro-crediting and payment solution platform that has managed to successfully raise about $30M in its latest Series A funding round. The funding round was participated by several key international investors. However, the most remarkable investment was made of a $12M investment by previous Getir backers...
Mamo, a Dubai-based Fintech and digital financial platform with different innovative features have brought $8M up in a Pre-Series A financing round. The round was led by Global Ventures, with interest from 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and noticeable Fintech-centered Silicon Valley financial backers and that’s not...
Egypt’s popular and leading VC firm, Algebra Ventures announced today on launching their second fund of around $90M. The fund was specifically dedicated to startups with the main goal to allocate their firm in the MEA region. They are currently aiming at first closing in 2021 on Q3.
Algebra has...
After Lezzoo acquired a seven-figure financing round, there has been increased activity in Iraq’s fundraising sector. Lezzoo has bought Erbil Delivery while Tech Ventures is dominating the six-figure financing round in Alsaree3/Zajil. These activities are a clear indication of the Iraqi market’s potential. Here are some fascinating takeaways based...
The UAE-based healthcare platform Smileneo has raised about $2 million in a seed round. The round is one of the biggest seed rounds that was raised in the MENA region by any teeth-straightening direct-to-consumer business. The round also included a lot of different anchor investments from several leading international...
The popular hyper-developing Dubai-based eMarketplace, Tradeling zeroed in on business-to-business (B2B) exchanges across the MENA region and that's not all. They already have proceeded with an arrangement with the Chinese online business leading platform, JD.com. The coordinated effort will give every business across MENA to get access to take...
