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 […]
Cairo, Egypt — Croptimus, an Egyptian agritech startup focused on regenerative agriculture and sustainable bio-products, has secured an undisclosed investment from Venture X. Founded in 2021 by Ahmed Hassanein and Abdelrahman AlAtrash, Croptimus converts agricultural and food waste into high-value bio-products such as biochar, activated oil, and bio-oil. The company’s solutions help farms reduce water […]
Cairo, Egypt – The International Finance Corporation (IFC) is considering an equity investment of up to $13 million in Breadfast, Egypt’s fast-growing quick commerce and online grocery platform, as the company looks to accelerate domestic expansion and strengthen its technology-driven operations. According to an IFC disclosure, the proposed investment aims to support Breadfast’s growth across […]
Egypt-based deeptech startup Nawah Scientific has closed a $23 million Series A round, comprising a mix of equity and debt, as it marks a decade since its founding. The round was led by Life Ventures Holding, with participation from Den Ventures, Empire M, AfricInvest, and Elsewedy, as well as banks and angel investors. Founded in […]