The startup provides software solutions that have helped to fully automate delivery operations for major brands, such as McDonald’s, Buffalo Burger and El Ezaby Pharmacies. Roboost, the Egypt-based AI-powered logistics startup, utilized its cutting-edge technology to secure a $3 million investment round, propelling the company into its next phase of Read more…
This latest round of funding follows a $3 million pre-seed round in 2022 for the online payment orchestration company. A US-based Egyptian fintech startup, MoneyHash, known for its leading payment orchestration platform in the Middle East and Africa (MEA), has secured $4.5 million in seed funding, with COTU Ventures and Read more…
IT Zain’s participates in the LEAP 2024 Tech Conference, where they showcased their AI-powered software solutions. IT Zain, a leading software development company based in Egypt, demonstrated their innovative applications of artificial intelligence across various industries. These solutions include AI-powered software for healthcare, retail, finance, and customer service sectors. By Read more…
Shorooq Partners recently made a significant announcement about its strategic investment in Pearl Semiconductor, an innovative Egyptian startup specializing in semiconductors. The investment amounted to $4.5 million, with key contributors including Sawari Ventures, QBN Capital from Qatar, and a group of angel investors. Semiconductors hold a pivotal role in contemporary technology, facilitating the Read more…
MoneyFellows, an Egyptian fintech platform, has secured $31 million in the first close of its Series B round, led by CommerzVentures, Middle East Venture Partners (MEVP), and Arzan Venture Capital. Other participants include Invenfin, National Investment Company (NIC), as well as existing investors like Partech, Sawari Ventures, 4DX, and P1Ventures. Read more…
Si-Ware Systems, a leading deep tech startup based in Egypt, has recently announced a significant milestone in its journey towards revolutionizing the technology landscape. The company has successfully secured a substantial $9 million investment from prominent investors Sawari Ventures and Egypt Ventures, marking a pivotal moment for the Egyptian tech Read more…
In a move set to revolutionize the landscape of small and medium-sized enterprises (SMEs) in Egypt, startup WideBot has unveiled its latest innovation – the Holoul platform. The platform, powered by artificial intelligence (AI), aims to provide comprehensive solutions tailored to the specific needs of SMEs, offering them a competitive Read more…
In the realm of pediatric healthcare, innovation knows no bounds. VRapeutic, a groundbreaking startup, is revolutionizing therapy interventions for children using Virtual Reality (VR) and Augmented Reality (AR) technologies. With a mission to harness the power of immersive experiences for therapeutic purposes, VRapeutic is making significant strides in improving the Read more…
In a groundbreaking move set to redefine the landscape of e-payment solutions for small and medium-sized enterprises (SMEs), BanknBox Egypt has joined forces with SWFT, a leading global payment platform. This strategic partnership aims to provide innovative and efficient e-payment solutions tailored specifically for the needs of SMEs in Egypt. Read more…
In a recent development, European industries have collectively issued a call-to-action for robust advancements in biotechnology and biomanufacturing. Recognizing the pivotal role of these sectors in driving innovation, sustainability, and economic growth, stakeholders across various industries are advocating for bold initiatives to accelerate progress in biotechnology and biomanufacturing. The call Read more…