Egyptian cybersecurity startup Buguard raises $500k seed funding round for GCC expansion

Buguard, the Cairo-based offensive security and dark web monitoring company, has raised US$500,000 in seed funding to power its expansion into the GCC region. Founded by Youssef Mohamed in 2021, Buguard offers offensive security services including penetration testing and vulnerability assessment, phishing simulation, compromise assessment, threat intelligence and red teaming.  Buguard, a Read more…

The Economy of Deep Tech Startups

Deep tech refers to high innovation technology that involves significant advancements in science, technology, and engineering. Conversely, shallow tech simply digitalizes existing solutions without introducing new, innovative technology. While both types of startups are important for fostering a digital economy, deep tech startups focus on solving complex problems across various Read more…

Egyptian Deep Tech Startup Intella Secures $3.4M in Pre-Series A Funding Round Led by HALA Ventures and Wa’ed Ventures

By Empower Africa | October 4, 2023 Intella, a MENA-based deep tech company, has successfully closed a $3.4 million Pre-Series A funding round led by HALA Ventures and Wa’ed Ventures. The funding round also attracted the participation of Sanabil500, INSEAD’s alumni angel network, and other investors. Intella is a voice Read more…