Moroccan–Senegalese mobility startup Weego has raised $1.1 million in a funding round led by Azur Innovation Fund to expand its mobility-as-a-service (MaaS) platform and accelerate its growth across African markets. Founded in 2020 by Saad Jittou and Mor Niane, the company operates a multimodal mobility application that integrates various transportation options into a single platform. […]
Beltone Holding is expanding its investment platform with the launch of its Private Equity platform, further strengthening the Group’s multi-stage investment strategy and reinforcing its commitment to supporting startups from Pre-Seed to Pre-IPO. Building on the strong track record established by Beltone Venture Capital in backing high-growth startups at early stages, the new platform represents […]
Egypt- and Saudi-based e-commerce logistics startup Flextock has raised $12.6 million in a Series A round led by TLcom Capital, with participation from Conjunction Capital and Capria Ventures, alongside Access Bridge Ventures, Foundation Ventures, BY Venture Partners, JIMCO, Alter Global, MSA Capital and other investors. Founded in 2021 by Mohamed Mossaad and Enas Siam, Flextock […]
Cairo-based e-commerce platform Breadfast has secured $50 million in a pre-Series C funding round backed by Mubadala Investment Company, a Saudi billionaire family, SBI Investment Co., and Olayan Financing Company, alongside other venture capital and institutional investors. Founded in 2017 in Cairo by Mostafa Amin, Muhammad Habib, and Abdallah Nofal, Breadfast has evolved from a […]
Cairo, Egypt — The Arab Republic of Egypt has officially launched “Egypt’s Startup Charter,” a landmark national framework aimed at strengthening the country’s startup ecosystem, mobilizing $1 billion in financing over five years, and enabling sustainable, innovation-led economic growth. The Charter is the outcome of more than a year of extensive consultations involving 15 national […]
CASABLANCA, MOROCCO – Justyol, the cross-border e-commerce and logistics platform connecting Turkish and international suppliers to the Moroccan market, has secured angel backed bridge funding as it prepares for a planned Series A round in mid-2026. The bridge funding comes from a strategic angel investor and is focused on accelerating execution across logistics, supply chain […]
NowPay, a Cairo-based fintech focused on payroll and employee financial wellness, has announced its entry into the Saudi market through NowAccess, a newly established joint venture with Tas’heel, the consumer finance arm of United International Holding Company. The partnership follows an MoU signed by the two companies in early 2025 and comes amid accelerating demand […]
London / Cairo – Egypt- and UK-based online ticketing platform KNOT Technologies has raised $1 million in a pre-seed funding round led by venture capital firm A15, as the company looks to scale its AI-native ticketing and access control infrastructure globally. Founded in London in 2025 by Ahmed Abdalla and Hussein ElBendak, KNOT is developing […]
Egyptian SaaS company FitXpert has secured a seven-figure strategic investment from Foras Investment, marking the start of a new growth phase as the company prepares to scale its platform and expand across regional markets. The investment was completed under the 0107 Invest initiative and reflects growing investor appetite for vertical SaaS businesses with proven infrastructure […]
Business For Teens, an education startup focused on teaching entrepreneurship and financial literacy to teenagers, has announced the successful closure of a six-figure Pre-Seed funding round to support its growth and expansion across Egypt and the Gulf region. The funding round comes on the back of strong early traction. Since its launch, Business For Teens […]