EGYPT’S ON-DEMAND DIGITAL WAREHOUSING PLATFORM KHAZENLY SECURES $2.5 MILLION SEED FUND
Digital Funding Logistics

Egypt’s On-Demand Digital Warehousing Platform Khazenly Secures $2.5 Million Seed Fund

Khazenly, the Cairo-based on-demand digital warehousing and fulfilment platform, announces its successful seed fundraise of $2.5 million.  The funding round

Appetito
Acquisition Africa

Egypt’s q-commerce Appetito Acquires Tunisia’s Lamma for an Undisclosed Amount

Cairo-based Appetito is acquiring Tunisia’s Lamma to expand operations in Morocco, Tunisia, and West Africa and to become the largest

Funding Investment Marketplace Venture Capital

Egyptian Online Used Cars Marketplace, Sylndr Closes $12.6m Pre-seed Round

Sylndr, an Egyptian online used-car marketplace, has raised $12.6 million for its pre-seed round led by RAED Ventures, with participation

Fintech Funding Investment Startup

Egypt’s Paymob Secures $50m Series B Investment

Paymob, the Egyptian fintech startup, has raised $50 million funding led by PayPal Ventures, Kora Capital, and Clay Point. The

The Food Lab
Funding Investment Venture Capital

The Food Lab, Egypt’s Cloud Kitchen Startup, Secures Pre-seed Round of $4.5m

The Food Lab (TFL), Egypt’s first cloud kitchen services operator, has closed a $4.5m pre-seed funding round co-led by Nuwa

Umba
Fintech Funding Investment Venture Capital

Nigerian Digital Bank Umba Secures $15m Led by Costanoa Ventures

Umba, a Nigerian digital banking startup, has raised $15 million in Series A funding to offer financial services to the

Pylon
Funding Investment

Egypt’s Pylon Secures $19m Seed Funding Round

Pylon, an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed

Sprints
Edtech Funding Investment

Egypt’s Sprints Closes $1.2m Seed Round Led by Alexandria Angels Network

Sprints, an Egyptian edtech startup, has raised $1.2 million in a seed round led by Alexandria Angels Network as well

Khazna
Financial Services Fintech

Egypt’s Khazna Closes $38m Series A in Equity and Debt Funding Round

Khazna, an Egyptian fintech startup, has raised a $38 million series A in equity and debt funding round. The equity

Eksab
Funding Investment Venture Capital

Egyptian Fantasy Football Startup, Eksab Closes $3m Seed Round

Eksab, an Egyptian fantasy football startup, has raised a $3 million seed investment round led by 4DX Ventures. The round