MENA Beehive

Ila Dhond10/10/2022
237

Egyptian Algebra Ventures concluded first closure of $100 M for its second fund

The second Egypt-focused fund’s first closure was completed with a US $100 million total, beating the US $90 million objective…
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Ila Dhond07/10/2022
290

$1 M Pre-seed funding raised by Egyptian gaming startup InGame Sports

InGame Sports, the Egyptian gaming and sports technology business has raised over US $1 million in cash, in-kind assets, and…
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Ila Dhond06/10/2022
304

Circular Economy Accelerator launched by Google

For nonprofit organizations and entrepreneurs in North America and the Asia Pacific, Google has developed a 10-week accelerator program. Customer…
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Ila Dhond06/10/2022
418

Israeli Hyper Food Robotics secured funding from Velocity Ventures

The anchor investor in Israel-based Hyper Food Robotics has been named Velocity Ventures, a venture capital firm that specializes in…
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Ila Dhond04/10/2022
309

Prosus terminates $4.7 B BillDesk acquisition through PayU

Prosus, the international investment arm of Naspers, has abandoned its intentions to acquire BillDesk, a provider of payment gateways, for…
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Ila Dhond03/10/2022
323

$5 M Pre-seed funding received by Egyptian B2B e-commerce marketplace Mazaya

The B2B e-commerce platform Mazaya, based in Egypt, has secured $5 million in pre-seed capital to develop its operations there…
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Ila Dhond01/10/2022
271

Significant debt facility received by Egyptian logistics startup Trella to expand operations

The top non-banking financial services provider in Egypt, Contact Financial Holding, has agreed to provide Trella with a sizeable financing…
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Ila Dhond26/09/2022
251

$1 M Pre-seed funding raised by Egyptian fintech startup Exits.me

Exits.me, a fintech investment banking platform founded in Egypt, has secured US $1 million in a pre-seed capital round to…
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Ila Dhond21/09/2022
318

Leading local beauty firm ECC acquired Egyptian beauty e-commerce platform Source Beauty

One of Egypt’s top producers of cosmetics and personal care products, the Egyptian Company for Cosmetics (ECC), purchased the bulk…
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Ila Dhond16/09/2022
313

First closure of new $50 M fund announced by Egyptian VC Endure Capital

Endure Capital, an Egyptian venture capital firm, has announced that the first closure of its new $50 million fund for…
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