iSchool, an Egyptian ed-tech startup founded in 2018 by Mohamed Algawish, Mustafa Abdulmoneim, and Ibrahim Abdullah, has secured $4.5 million in funding led by VentureWave Capital from Ireland. Other investors include OneStop Capital UK, Webit Investment Network, and Oraseya Capital. The funding will fuel iSchool’s expansion across six more countries Read more…
The rapid advancement of artificial intelligence (AI) comes with a significant energy challenge. As AI systems grow larger and more complex, their thirst for electricity escalates, exacerbating concerns about carbon emissions and sustainability. This energy demand is driven by various factors, including the need for extensive computing power to train Read more…
Sprints, an AI-powered EdTech company, secured $3 million in funding led by Disruptech Ventures. Founded by Ayman Bazaraa and Bassam Sharkawy, Sprints aims to fill the tech talent gap. Their platform offers personalized learning paths and job guarantees for tech graduates. They focus on various tech fields like AI, data Read more…
Overview:The Agritech4Egypt Challenge is an upcoming event designed to promote innovation and entrepreneurship in Egypt’s agricultural sector. It aims to address key challenges within the agricultural value chain by fostering the development and implementation of technological solutions. The event welcomes individuals, startups, and organizations with innovative projects that can positively Read more…
Pharmacy Marts, an Egypt-based health-tech startup founded in 2021, has secured a six-figure bridge round of funding led by Acasia Ventures. The company operates as a B2B digital marketplace connecting pharmacies and medical suppliers, aiming to streamline the pharmaceutical supply chain and enhance patient access to medication. Currently covering about Read more…
Moderna, renowned for its COVID vaccine, is pioneering AI training for its workforce with the “AI Academy” launched in December 2021. Initially, all employees undertook a basic AI fundamentals course, but feedback prompted a tailored approach. The curriculum now offers six tracks at varying skill levels, accommodating diverse learning needs. Read more…
COGNNA, a Saudi-based cybersecurity startup, has successfully concluded a Seed investment round, raising an impressive $2.25 million. Led by IMPACT46 and backed by Vision Ventures, Faith Capital, and other investors, this funding reflects a growing confidence in Middle Eastern startups, particularly within the cybersecurity realm. Established in 2022 by Ibrahim Read more…
Huawei, the Chinese tech giant, is becoming a top choice for African countries looking to modernize digitally. In Egypt, Wael Lotfy, CEO of Enppi, an oil and gas company, signed agreements with Huawei during the Egypt Energy Show. These deals aim to accelerate the shift towards digital and green energy. Read more…
Entlaq’s strategic alliance with Ninjacart has significantly bolstered Ninjacart’s strategy in Egypt’s agricultural startup landscape. By leveraging Entlaq’s expertise in the Egyptian market, Ninjacart gains valuable insights into local consumer preferences, market trends, and regulatory landscapes, enabling more effective expansion and tailored services. Additionally, Entlaq brings technological capabilities that can Read more…
