Global Ventures
Immensa, a MENA-based additive manufacturing and digital inventory platform, raises $20 million
The global energy spare parts market is valued at over $90 billion, with the Middle East representing about 35% of this sector. This sector remains largely untapped by existing additive…
Egyptian health tech Almouneer raises $3.6M to scale its platform for treating diabetes and obesity
Obesity and prediabetes are major health concerns in Africa and the Middle East, affecting more than 40% of the population. In Egypt, 20% of adults have diabetes; the figure in…
Egyptian health tech Yodawy raises $16M, backed by Delivery Hero Ventures
Without proper government-led public health initiatives, healthcare expenditures, including insurance and pharmaceutical drugs, can burden individuals and households. In recent years, private institutions have played a massive part in the…
Nigerian startup Klasha gets an additional $2.1M for its cross-border commerce play
Lagos and San Francisco-based Klasha has received an additional $2.1 million to complete its $4.5 million seed round. The startup, which provides multiple products for the cross-border commerce space in…
YC-backed Remedial Health raises $1 million pre-seed to digitize pharmacies in Nigeria
Remedial Health has secured $1 million in pre-seed funding to digitize pharmacies and stem the supply of fake and substandard pharmaceutical products, starting with Nigeria before expanding to the rest…
Cartona gets $4.5M pre-Series A to connect retailers with suppliers in Egypt
Today, Cartona is announcing that it has raised a $4.5 million pre-Series A funding round to connect retailers and manufacturers via an application. It’s looking to take a large piece…
Egypt’s Paymob closes $18.5M Series A to expand payments services across MENA
While Nigeria and Kenya have been at the forefront of African fintech innovation, activities in Egypt are beginning to shape up nicely. Right now, Egypt is home to a burgeoning…
