Breadfast Raises $10M Series B2 from EBRD and Novastar
August 21, 2025
Suplyd Raises $2 Million Pre-Series A to Scale Digital Procurement for Egypt’s Restaurants
August 7, 2025
Cairo-based startup Suplyd has raised $2 million in a pre-Series A round led by 4DX Ventures, Camel Ventures, and Plus VC. Seedstars and existing investors also participated in the round. Suplyd was founded in 2022…
Nawy Raises $52M to Transform Real Estate Across MENA
May 16, 2025
Egyptian proptech startup Nawy has just raised a whopping $52 million in Series A funding, marking a bold step in its mission to reshape how real estate works across the Middle East and North Africa…
Egypt Cements Its Lead in North Africa’s Telecom Market in 2024
May 8, 2025
In 2024, Egypt accounted for nearly half of all mobile subscriptions in the North Africa region, according to the Africa Telecom 50 Report 2024 (North Africa). With over 134 million mobile lines in service, Egypt…
Foundation Ventures Closes $25M Fund to Back Egyptian and African Startups
February 4, 2025
Egypt-based VC firm, Foundation Ventures, has closed a $25 million fund, ‘FVFII.’ A portion of the capital will be allocated to investing in promising African startups. The fund has attracted investors such as the Egyptian…
Egypt's Fincart Raises Undisclosed Amount in Pre-Seed Funding Round
January 30, 2025
Fincart.io has announced that it has successfully closed its pre-seed funding round for an undisclosed amount. The round was led by Plus VC, the most active VC in the MENA, with participation from leading regional…
Egypt's Nowlun Secures $1.7 Million Seed Funding
December 3, 2024
Nowlun, an Egyptian digital freight forwarding platform, has announced it has raised $1.7 million in seed funding. The round was led by Nama Ventures and A15, with participation from Sanabil 500 Global and prominent angel…
Sylndr Secures EGP 370 Million Financing Facility to Transform Egypt's Used Car Market
November 28, 2024
EFG Hermes has announced that its investment banking division had completed an advisory for an EGP 370 million working capital facility for Sylndr, Egypt’s leading online used cars player. The innovative structure of this transaction…
Bokra, the Egyptian Fintech, raises $4.6 Million in a Pre-Seed round
April 23, 2024
Bokra, a Cairo-based fintech, announces the successful closure of its $4.6 million pre-Seed round led by DisrupTech Ventures, and SS Capital alongside other investors, setting it to revolutionise wealth management in the MENA region by…