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Flat6Labs Launches New US$95M Venture Capital Fund

Flat6Labs, a Cairo, Egypt-based seed and early stage venture capital firm operating in the MENA region, launched a US$95M fund. The Africa Seed Fund (ASF)...

Cofe Raises $15M in Series B Funding

Cofe, a MENA’s premiere online coffee marketplace, raised $15M in Series B funding. The round was led by WAED Ventures and eWTP Arabia Capital. The company...

MNT-Halan Raises $400M in Funding

MNT-Halan, a Cairo, Egypt-based fintech company, raised $400m in funding. The round included: ─ Chimera Abu Dhabi, which invested more than $200m in equity in...

Thallo Raises $2.5M in Seed Funding

Thallo, a Sharm El-Sheikh, Egypt-based climate tech and web3 startup, raised $2.5M in Seed funding. The round was led by Ripple and lead investors Arcan LLC,...

Blnk Raises $32M in Funding

Blnk, a Giza, Egypt-based fintech startup that enables instant consumer credit, raised $32m in funding. The combined pre-seed and seed funding rounds of $12.5m was...

Money Fellows Raises $31M in Series B First Closing

Money Fellows, an Egyptian provider of a fintech platform for financial planning services, raised $31M in Series B funding. The round was led by CommerzVentures,...

MNT-Halan Raises Approx. US$120M in Funding

MNT-Halan, a Cairo, Egypt-based fintech company, raised approx. US$120m in funding. The investor group includes: Apis Growth Fund II, a London based private equity fund...

Vezeeta Raises $40M in Series D Funding

Vezeeta, an Egypt-based healthcare services booking platform in the Middle East and Africa, raised $40m in Series D funding. The round was led...

Modus Capital Launches First Fund, at $75M

Modus Capital, a New York and Cairo, Egypt-based hybrid venture capital firm, has launched its first regional fund, at USD $75M. Modus Mena Venture...

Egypt, CIB Launches Corporate Venture Capital Firm Focused on FinTech

Commercial International Bank (CIB), a Cairo, Egypt-based financial institution, established its corporate venture capital arm. CVentures primarily focuses on investing in transformational FinTech startup...

Digital Healthcare Platform Vezeeta Raises $12M

Vezeeta, an Egyptian digital healthcare platform, raised $12m in Series C funding. The round was led by STV with participation from BECO Capital, Vostok New...

Egyptian VC Firm Algebra Ventures Holds First Close of Maiden Fund, at $40M

Algebra Ventures, a Cairo, Egypt-based venture capital firm, held the first close of its fund focused on backing technology startups, at $40m. Algebra is...

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