Egyptian fintech startup INVIA has raised $1.2 million from angel investors and strategic supporters to scale its AI-powered financial operating system for small and medium-sized enterprises. Founded to address the growing complexity of financial management for SMEs, INVIA replaces fragmented tools with a unified platform that automates bookkeeping, cash flow tracking, inventory, and manufacturing operations. […]
Moroccan public financing institution Tamwilcom has launched a $69 million (MAD 700 million) venture-building programme to support 800 startups over three years. The initiative combines capital, mentorship, and operational support, guiding startups from ideation to market expansion. Founders will receive a monthly stipend, alongside access to grants and financing tools, including loans of up to MAD 2 […]
Saudi-based Jozo has raised $2.21 million (SAR 8.3 million) in a seed round, led by Sheikh Hamad Bin Saedan Real Estate Co. as a strategic partner. Founded in 2024 by Turki Al-Shlail and Fahad Almansour, Jozo develops solutions that enable the tokenisation of real estate assets, allowing individuals to invest in real estate with much smaller amounts […]
Cairo, Egypt, — April 7, 2026 — Lucky, a leading financial technology company in Egypt and the Middle East, today announced the successful closing of a $2 3 million Series B funding round, including a mix of equity and debt. The round was led by existing & new investors, including Disruptech Ventures, DPI Venture Capital via […]
Cairo, Egypt – Venus, a subsidiary of Karm Holding, has secured Shariah-Compliant financing worth EGP 70 million from Banque Misr to support the expansion of the Cairo 3A project; bringing the total financing obtained from Banque Misr for the project to EGP 154 Million. The funding will be directed toward scaling up the project’s energy infrastructure, with a […]
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 […]