
Undisclosed
Seed
- Egypt
- June 27, 2025
Egypt-based AgriCash has closed a seed round led by Alex Angels to scale its digital agri-finance platform. Fo ..Read More
Egypt-based AgriCash has closed a seed round led by Alex Angels to scale its digital agri-finance platform. Founded in 2024, the startup offers farmers BNPL financing, crop insurance, and AI-driven insights through a Sharia-compliant model. The funds will support expansion across Egypt and the region, strengthen tech infrastructure, and finalize key partnerships. AgriCash aims to hit EGP 500M in business volume by 2025, driving smarter, more inclusive agricultural financing.
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Undisclosed
- Egypt
- June 24, 2025
Aria Ventures, Egypt’s specialised venture studio for deep-tech innovation, has announced a EGP 50 million i ..Read More
Aria Ventures, Egypt’s specialised venture studio for deep-tech innovation, has announced a EGP 50 million investment to support startups in sectors like AI, biotech, nanotech, IoT, and robotics—aiming to scale this to EGP 200 million over four years. As part of its model, Aria combines hands-on venture building with strategic capital deployment, bridging the gap between research and real-world applications. The launch of the DeepTecher competition further strengthens this mission by scouting cutting-edge academic research and converting it into viable startups through funding, mentorship, and end-to-end support services. Aria Ventures is positioning Egyptian innovators to lead the region’s transition into a knowledge-based, deep-tech-driven economy
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$0.6M
Seed
- Egypt
- June 24, 2025
Nowlun, an Egypt-based digital freight forwarding platform, has raised an additional $600,000 in a seed round ..Read More
Nowlun, an Egypt-based digital freight forwarding platform, has raised an additional $600,000 in a seed round extension led by Ingressive Capital, bringing its total funding to $2.3 million. Founded in 2021 by Moataz Khamis, Mahmoud Khaled, and Ahmed Emara, Nowlun allows businesses to compare sea freight services and rates in real-time, streamlining shipping decisions. The new funding will accelerate development of Nowlun’s AI-powered Smart Logistics Assistant, enhance operational efficiency, and support further expansion in Egypt and Saudi Arabia. Backed by top regional and African investors, Nowlun is reshaping MENA’s logistics landscape with smart, transparent, and scalable shipping solutions.
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Undisclosed
Pre-Seed
- Egypt
- June 23, 2025
Roomz.rent, Egypt’s first dedicated co-living platform, has secured pre-seed funding led by Qora71, the Hub7 ..Read More
Roomz.rent, Egypt’s first dedicated co-living platform, has secured pre-seed funding led by Qora71, the Hub71-based angel syndicate, with participation from regional angel investors. Founded in 2024 by Ahmed Mandour and Yasser AlSarrag, Roomz.rent offers furnished rooms on flexible leases, using AI-powered matching to pair tenants with compatible flatmates. The funding will support Roomz.rent’s expansion across Egypt, enhance platform capabilities, and fuel its growth into new urban markets across MENA. With over $100,000 in rental volume in just five months, Roomz.rent is building a modern, community-driven alternative to traditional city housing.
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$5.2M
Undisclosed
- Egypt
- June 17, 2025
Egyptian fintech Octane raises $5.2M to scale AI-powered fleet expense platform across MENA Cairo-based fle ..Read More
Egyptian fintech Octane raises $5.2M to scale AI-powered fleet expense platform across MENA
Cairo-based fleet-tech startup Octane has secured $5.2 million in a funding round led by Shorooq Partners, Algebra Ventures, and SC Holding. The capital will fuel the expansion of Octane’s acceptance network, enhance its AI capabilities for fraud detection and route optimization, and support regional growth across Egypt and the broader MENA region. Octane’s closed-loop digital wallet simplifies and consolidates on-road fleet expenses—fuel, maintenance, petty cash—into one platform, delivering real-time control, cost savings, and operational transparency to over 1,600 clients managing 250,000 vehicles. With a growing footprint across 2,800 fuel and CNG stations, Octane is redefining enterprise mobility payments in the region.
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7-figure
Undisclosed
- Egypt
- May 20, 2025
Egypt-based fintech, ElGameya secured a 7-figure USD investment round led by AYADY for Investment and Developm ..Read More
Egypt-based fintech, ElGameya secured a 7-figure USD investment round led by AYADY for Investment and Development, with participation from Jedar Capital, Cubit Ventures, Ventures Notes, P-Maestro, and various angel investors. The capital was allocated to scale the company’s reach and enhance product innovation. Previously, ElGameya raised a six-figure pre-seed round in 2020 led by AUC Angels, alongside Cairo Angels and Alex Angels.
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$15.7M
Series A
- Egypt
- May 20, 2025
Cairo-based used-car platform Sylndr raised $15.7 million in a Series A equity round led by DPI Venture Capita ..Read More
Cairo-based used-car platform Sylndr raised $15.7 million in a Series A equity round led by DPI Venture Capital via the Nclude Fund, with backing from Algebra Ventures, Nuwa Capital, Raed Ventures, and others. The funds were allocated to boost expansion in Egypt, enhance pricing and fintech tools, and deepen industry partnerships. In November 2023, Sylndr also secured a $7.46 million capital facility to support its business model.
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Undisclosed
Acquisition
- Egypt
- May 19, 2025
EFG Finance, part of EFG Holding, approved the acquisition of its B2B platform Fatura by MaxAB-Wasoko, becomin ..Read More
EFG Finance, part of EFG Holding, approved the acquisition of its B2B platform Fatura by MaxAB-Wasoko, becoming a major shareholder in the combined entity and securing a board seat. The deal strengthened EFG’s fintech footprint across Africa. Fatura’s integration expanded MaxAB’s retail network, enhancing product variety, logistics, and embedded financing, while contributing significantly to Egypt’s revenue and supporting the group’s broader pan-African growth strategy.
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