Shorooq Partners
Startups
Khazenly, an Egyptian on-demand warehousing and fulfillment platform, raises $2.5M seed funding
2:00 am PDT • June 15, 2022
The e-commerce market in Egypt is expected to grow 30% to $7.5 billion this year, spurred by a growing number of younger shoppers and rising incomes. Local merchants are essential…
Venture
The IRS’s crypto tax partner, ZenLedger, raises $15 million Series B
6:00 am PDT • May 25, 2022
Government tends to struggle when it comes to keeping up with tech innovation. The past U.S. tax season that just wrapped up in April was particularly stressful for investors and…
Startups
The Food Lab, an Egyptian cloud kitchen provider, raises $4.5M pre-seed for expansion
10:05 pm PDT • April 18, 2022
Per reports, Egyptians spend about 30% of their income on food in a $17 billion restaurant industry, one of the largest in Africa and the Middle East. Yet restaurants in this…
