500 Startups

Egyptian on-demand medicine delivery platform Chefaa nets pre-Series A investment

Egyptian on-demand medicine delivery platform Chefaa has raised a pre-Series A investment round from US venture capital fund and accelerator 500 Startups, Saudi Arabian…

Covid-19 and African tech startups roundup [10/06/2020]

A number of small businesses in South Africa’s ICT sector are struggling to secure coronavirus relief funding and financial aid from the government. This,…

Egyptian end-to-end distribution platform Brimore raises $3.5m

Egyptian end-to-end distribution platform Brimore has raised $3.5m in a Pre-Series A round led by Algebra Ventures, with participation from Disruptech, Vision Ventures, and returning…

Egypt’s Source Beauty raises pre-seed funding from 500 Falcons

Cairo-based online beauty platform Source Beauty has raised a pre-seed investment from 500 Startups’s Middle East and North Africa (MENA) region fund, 500 Falcons….

Egypt’s Pravica raises $500k in round led by 500 Startups

Cairo-based startup Pravica has landed a $500,000 investment in a pre-seed round. The round was led by 500 Startups, with the participation from Modus…

Egyptian food delivery startup Mumm lands investment from Alexandria Angels

Egyptian startup Mumm has raised an undisclosed amount of investment from Alexandria Angels, tech publication Menabytes has reported. Menabytes said in an article last…

Egyptian fitness startup ElCoach raises seed investment

Egyptian fitness startup ElCoach has raised an undisclosed six-figure dollar amount in seed funding. In an article yesterday by tech publication MenaBytes, the startup…

‘Breadfast looking to expand outside of Egypt after latest seven-figure raise’

Breadfast, a Cairo-based startup which delivers breakfast products to its users, is preparing to close a Series-B round and has just launched what its…

Egyptian ecommerce platform Homzmart raises $1.3m

Egyptian startup Homzmart has raised $1.3-million from a number of investors. MenaBytes reported on Monday (3 February) in an article that the Cairo-based startup,…

African tech startups can tap millions of dollars from new funds launched in 2019 [List]

While Africa’s venture capital (VC) sector remains small, there might be something to smile about for tech startups that operate on the continent. More…

Egyptian online dental marketplace DentaCarts nets $450k investment

Egyptian online dental marketplace DentaCarts has raised $450 000 from AUC Angels, African health-care investor Asia Africa Investment & Consulting and 500 Startups. Earlier…

Egyptian telecom optimisation app Raseedi raises $400k [Updated]

Cairo-based telecom optimisation app Raseedi has raised $400 000, in a seed round led by 500 Startups, EFG-EV Fintech and Falak Startups. Raseedi helps dual…

Why the VC sector has taken off in Egypt in 2019

Earlier this week indoor advertising platform Adzily raised $12.2-million in funding from a Saudi investor in what’s likely the second biggest venture capital (VC) deal…

Egyptian traveltech startup Tripdizer to invest $300k seed round in tech, building brand

Cairo-based traveltech startup Tripdizer plans to invest the $300 000 seed round it announced that it had raised last week, on developing its platform…

Four Egyptian startups selected for Misk 500 accelerator

At least four Egyptian startups are among the 20 Middle East and North Africa (MENA) companies that have been accepted into the second cohort…

Everything you need to know about the North African startup landscape

If you’ve been paying attention, a lot has been happening in the startup community in the Middle East and North Africa (MENA) region over…

Tunisian fashion marketplace Dabchy raises $300k seed round

Tunisian peer-to-peer fashion marketplace Dabchy has raised a $300 000 seed round led by 500 Startups. Dabchy announced in a statement earlier today that Flat6Labs,…

Our $600k seed round was raised in January, reveals Egyptian fintech NowPay

Egyptian fintech NowPay revealed today that a $600 000 seed round that it raised from Endure Capital and 500 Startups — which was reported by various…

Egyptian fintech MoneyFellows has raised over $1m

MoneyFellows, a Cairo-based collaborative group lending and savings platform, has raised over $1-million in a pre-Series-A funding round. Tech publication Menabytes reported in an…

500 Startups announces call for second cohort of Misk 500 Accelerator Program

North African startups looking for assistance from an acceleration programme are in for a treat, with the announcement of a second accelerator call in…

Egypt’s Breadfast reported to have raised a ‘seven-figure’ investment led by 500 Startups

Breadfast, a Cairo-based startup which delivers breakfast products to its users, is reported to have raised a “seven-figure” Series-A round led by 500 Startups…

Egypt’s Eksab secures ‘six-figure’ investment from 500 Startups

Cairo-based daily fantasy sports platform Eksab has announced that it has secured a “six figure” seed investment from venture capital (VC) firm 500 startups….

MENA focused $33m fund 500 Falcons to invest in over 150 startups

Between 150 to 200 startups from the Middle East and North African (MENA) region are set to benefit from millions of dollars in funding,…

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