Egypt Egyptian startups pull trigger on layoffs amid growing uncertainty and funding crunch The year 2022 has been nothing but a mixed bag for Egypt’s technology and startup sector. On the one hand, the local ecosystem has... Dunya Hassanein • 18 August, 2022 Egypt
Egypt Egypt ratifies its Fintech Act Egypt has ratified its Fintech Act, which regulates the work of fintech companies in Egypt. As per the new regulations, the... News • 15 February, 2022 Egypt Fintech
Egypt RiseUp Summit concludes ninth edition by the Pyramids It was an event intended to connect Egypt's innovative past with its thriving startup ecosystem, a bustling return to in-person events,... Dunya Hassanein - Nesma Abdel Azim • 28 November, 2021 RiseUp Egypt
Regional Tourist VCs and their impact on emerging market ecosystems There is a rising number of foreign VCs investing in the Middle East. Of the 10 Egyptian startups that raised investment in September, four... Thought Leadership • 17 October, 2021 Egypt Investment
Egypt ShipBlu raises pre-Seed funding led by Nama Ventures Cairo-based startup ShipBlu has closed an undisclosed amount in a pre-Seed funding round led by Nama Ventures, with participation from... News • 08 July, 2021 Egypt ecommerce ShipBlu
Egypt Laila Hassan: More women inclusion in the ecosystem drives better economics Egypt-based venture capital firm Algebra Ventures announced today that Laila Hassan and Omar Khashaba will be joining its second, $90... Nesma Abdel Azim • 05 July, 2021 Algebra Ventures GP Egypt
Egypt Egypt’s Minly raises a $3.6 million Seed round Egypt-based social media startup Minly has secured a $3.6 million Seed fund, co-led by 4DX Ventures, B&Y Venture Partners, Global... News • 27 June, 2021 Minly Egypt
Saudi Arabia Swvl expands to Saudi Arabia Egypt-founded mass transportation startup Swvl, has expanded to Saudi Arabia to serve the corporate and business sector. The... News • 22 June, 2021 Swvl Saudi Arabia Egypt
Egypt Egypt's Trella raises $42 million in debt and equity Cairo-based digital freight marketplace Trella has raised $42 million in a funding round comprising $30 million in new equity and... News • 21 June, 2021 Trella Egypt
Egypt Egyptian gaming startup Gamesbandy closes Seed round Egypt-based gaming startup Gamesbandy has raised an undisclosed Seed round, led by Flat6labs Bahrain and Tamkeen. Founded by... News • 31 May, 2021 Egypt Gamesbandy
Egypt Kashat raises investment from Cairo Angels The Cairo Angels has invested in Egypt-based FinTech startup Kashat. The amount invested was not disclosed but the angel network claims... News • 25 April, 2021 Kashat cairo angels Egypt
Regional UberEats shuts down in UAE, Saudi Arabia and Egypt Source: Reuters Uber (UBER.N) said on Monday it was closing down its Uber Eats operations in eight markets because they did not offer a... News • 04 May, 2020 UberEats Egypt foodtech
Egypt Cairo-based Homzmart raises $1.3 million seed Sorurce: Menabytes Cairo-based furniture marketplace Homzmart has raised $1.3 million in a seed round, the startup... News • 03 February, 2020 ecommerce Egypt Homzmart
Egypt Mayday raises investment from angel investors Source: MENAbytes Egypt-based roadside assistance platform Mayday has raised six-figure investment, the startup... News • 12 December, 2019 Car Service Egypt cairo
Egypt Jinni raises six-figure in funding Source: MenaBytes Cairo-based cleaning services startup Jinni has raised six-figure (USD) investment from AUC Angels, the newly... News • 02 December, 2019 Egypt cleaning Funding
Egypt Raseedi raises $400,000 in seed funding Source: Menabytes Raseedi, a Cairo-based startup that helps dual SIM users (in Egypt) optimize their telecom spend through its mobile... News • 02 December, 2019 Sim dual telecom
Egypt Vetwork raises six-figure in seed funding Source: MenaBytes Vetwork, a Cairo-based pet care marketplace has raised seed investment from Cairo Angel, Misk 500 Startups (it was... News • 25 November, 2019 seed vet pets
Egypt Sprint raises six-figure in seed funding Source: MenaBytes Cairo-based logistics startup Sprint has raised six-figure (USD) seed funding from an angel investor, the startup... News • 08 October, 2019 Egypt seed fund
Egypt PrintX raises $150,000 Source: Ventureburn PrintX, a Cairo-based online print shop, has raised $150 000 from Saudi angel investor Mohamed Elbazz. Tech... News • 01 October, 2019 news Investment Egypt
Egypt MaxAB closes $6.2 million seed round MaxAB, an Egypt-based business to business (B2B) e-commerce marketplace has secured seed funding of $6.2 million, in one of the largest... Yasmeen Nabil • 25 September, 2019 Egypt FMCG Investment
Egypt Career 180 raises $100,000 in seed funding Egypt-based Career 180, a career advising platform, has raised $100,000 in a seed funding round from EdVentures. The startup will... Yasmeen Nabil • 22 September, 2019 EdTech seed Egypt
Egypt Egypt approves regulations of ride-hailing applications Source: Enterprise The Madbouly Cabinet approved in its weekly meeting yesterday the executive regulations of the Ride-Hailing... News • 19 September, 2019 ride hailing Egypt
Pakistan Swvl expands further into Pakistan Source: MENAbytes Swvl, the app-based bus hailing startup that is now headquartered in Dubai, is expanding further into... News • 15 September, 2019 Swvl Egypt ride hailing
Egypt Egypt to establish 7 technological parks with EGP 1 billion investments: ICT Minister Source: Daily News Egypt Minister of Communications and Information Technology, Amr Talaat, told Daily News Egypt that seven... News • 11 September, 2019 Egypt Technology parks