Funding
Egyptian fintech Lucky ONE raises $3 million
Lucky ONE, a Cairo-based consumer credit fintech, has successfully secured $3 million in a convertible note to help the company achieve profitability by the first quarter of 2025. The investment round...
South African startup Open Access Energy secures $750,000
Open Access Energy (OAE), a South African startup specialising in energy management software, has significantly boosted its operations. The company successfully raised $750,000 from Factor E Ventures,...
Tether invests $3 million in Kuwaiti fintech Kem
Kem, the fastest-growing P2P payment app in Kuwait, has received a $3 million investment from Tether, the largest company in the digital asset industry. This landmark deal is set to improve regional a...
TWLM secures $270,000 in funding to accelerate growth
TWLM, a pioneering Saudi Arabia-based food pick-up application, has successfully raised $270,000 in its latest funding round, led by B Group and with additional contributions from a cohort of angel in...
Pentagon Games secures $6 million in Seed Funding
Pentagon Games, a pioneering zkEVM Web3 AI-based game publisher, announced that it has secured $6 million in Seed Funding. The company aims to transform the gaming industry by leveraging advanced tech...
Synapse Analytics secures $2 million funding led by Silicon Badia and Hub 71
Synapse Analytics, a pioneering startup empowering businesses to leverage AI for better decision-making, announced the successful completion of its latest funding round, securing $2 million led by Jor...
Egyptian B2B e-commerce platform Cartona raises $8.1 million
Cartona, the pioneering B2B platform that is revolutionizing Egypt’s traditional trade market, catering to a diverse range of stakeholders including mom-and-pop stores, hotels, restaurants, cafes, F...
Intelmatix secures $20 million largest AI Series A round in the region
Intelmatix, a leading deep-tech AI company, announced today the successful closure of a $20 million Series A funding round. This round, led by Shorooq Partners, attracted investments from public and p...
Educatly secures $2.5 million funding led by TLcom Capital and Plus VC
Educatly has secured a new funding round of $2.5 million, led by TLcom Capital and Plus VC. The round also saw participation from Egypt Venture (Egypt) and the HBAN syndicate (Ireland). The funding is...