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Pre-seed funding received by Egyptian legal-tech startup Hekouky

Hekouky, an Egyptian legal-tech firm, has acquired an unknown amount of pre-seed capital to help it grow across the country.

Hekouky, a one-stop shop for business creation and trademark registration, was founded in 2021 by Hala Riad, Mayy Abdelbary, and Fatima Khalil.

The firm was selected as one of 12 for the second batch of the Google for Startups Accelerator Middle East and North Africa, a three-month digital accelerator programme for seed to Series A technology startups headquartered in the area, earlier this year.

Hekouky has secured an unknown sum in a pre-seed round led by Nama Ventures, which it will use to expand its operations across Egypt.

“Our mission is to make entrepreneurs feel safe to follow their dreams, in Egypt and in the Mena region. Entrepreneurship is a test of wills, one that we will make easier by taking the legal burden off your shoulders,” said Riad.

“We firmly believe that the reg-tech space in Mena is ripe for disruption,” said Mohammed Alzubi, managing partner at Nama Ventures. “There are tremendous inefficacies in the legal space that technology can help bridge. What we saw in Hala, Mayy, and Fatima is a team that has a very good command on what it takes to build a great reg-tech startup.”

 

 

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