Raed Ventures

Sylndr, an online used-car retailer, raises $12.6M pre-seed to disrupt Egypt’s automotive market

Egypt is home to one of Africa’s largest vehicle fleets, with over 6 million cars (80% are passenger cars) on its roads. According to this finding, most are used cars; their ratio to new vehicles is

Sunday competitor Qlub emerges with $17M seed round from Cherry and Point Nine

Our behavior at restaurants and venues has changed massively in the last two years because of the pandemic, but many of us have realized the huge advantages of being able to order via phones from the

Opontia gets $42M to buy more e-commerce brands in Eastern Europe, Middle East and Africa

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Today, the company confirmed to TechCr

Rabbit, a 20-minute convenience delivery startup in Egypt, comes out of stealth with $11M pre-seed

The rapid on-demand grocery and convenience delivery craze that has taken over Europe and the U.S. this past year is gradually making its way into Africa and the Middle East. Today, the spotlight is o

Opontia raises $20M to roll up e-commerce brands in Africa and the Middle East

Razor Group. Branded. Thrasio. These are big names in the new wave of e-commerce companies taking the world by storm. Their business of acquiring small e-commerce brands that look promising and consol