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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3860773 | Tags:











Mews acquires hospitality startup Nomi to accelerate AI guest experiences
Published: 05-10-2023 | 12:50:00 | By: Pie Kamau
Mews has announced its acquisition of Nomi, a Nashville-based hospitality startup.


Startup Elecate acquires Synergy International to elevate the hospitality and rental software industry
Published: 22-08-2023 | 11:35:00 | By: Pie Kamau
Elecate has acquired Synergy International.


JetBlue Ventures, Plug and Play partnership yield successful outcome in travel and hospitality industry
Published: 02-05-2023 | 11:09:00 | By: Pie Kamau
JetBlue Ventures and Plug and Play Tech Center announced that their partnership has once again been successful in fostering innovation and growth in the travel industry.


Customer intelligence and marketing CRM platform Gameball raises $3.5m seed round for international expansion
Published: 17-02-2023 | 08:15:00 | By: Pie Kamau
Gameball, the all-in-one customer intelligence and marketing CRM platform for consumer brands, has announced the completion of a $3.5 million fundraise to accelerate its international expansion.


Nigerian fintech Flutterwave expands into North Africa with new Egypt payments licenses
Published: 10-02-2023 | 08:48:00 | By: Pie Kamau
Flutterwave, Africa's payments technology company, has announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.


Next-gen employee payments startup Grazzy raises $4.25m to power hospitality's future of digital tips
Published: 24-01-2023 | 12:57:00 | By: Pie Kamau
Grazzy, a next-gen employee payments platform, announced a $4.25 million seed funding from Next Coast Ventures and Tuesday Capital to fuel expansion and growth of its digital tipping.


London-based hospitality tech startup HotelRunner snaps $6.5m investment to accelerate global growth
Published: 17-01-2023 | 14:19:00 | By: Pie Kamau
HotelRunner, the global hospitality and travel technology provider, announced the closing of $6.5 million Series A round to accelerate global growth.


Travel startup Wander raises $100m credit facility from Credit Suisse to scale smart vacation homes across the U.S.
Published: 01-12-2022 | 10:36:00 | By: Pie Kamau
Wander, a travel startup with a network of smart vacation homes, announced it has closed a $100 million credit facility with Zürich-based Credit Suisse, a global investment bank and financial services firm.


Nigerian foodtech Orda raises $3.4m seed round to digitize African restaurants
Published: 01-12-2022 | 09:48:00 | By: Pie Kamau
Nigerian foodtech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.


Chef-led startup meez raises $11.5m to place recipes at the heart of hospitality
Published: 09-11-2022 | 12:08:00 | By: Pie Kamau
meez, the first-of-its-kind digital professional recipe tool, announced it has closed a $11.5 million Series A funding round led by Craft Ventures with participation from Struck Capital.


UK-based hospitality tech startup Journey completes £5m growth capital raise
Published: 04-11-2022 | 11:02:00 | By: Pie Kamau
Journey Hospitality has secured £5 million growth capital investment. The funds, from private equity firm Averroes Capital, will enable Journey to deliver its vision to revolutionise e-Commerce for the hospitality industry.


Finnish hospitality tech startup Bob W raises 21€m Series A funding round to accelerate growth
Published: 25-10-2022 | 14:26:00 | By: Pie Kamau
Tech-driven hospitality provider, Bob W, the provider of smarter and more sustainable alternative to hotels and short-stay rentals, has secured €21 million in series A funding, led by IDC Ventures.


Sabre joins Plug and Play as travel and hospitality partner
Published: 08-07-2022 | 12:27:00 | By: Pie Kamau
Sabre Corporation, a software and technology company powering the global travel industry, announced its partnership with Plug and Play's Travel and Hospitality program headquartered in the heart of Silicon Valley.


Gratuity management startup Kickfin closes $6m Series A to fuel growth across the hospitality industry
Published: 24-06-2022 | 10:35:00 | By: Pie Kamau
Kickfin, the gratuity management software for hospitality, announced it has secured its Series A funding to further accelerate the company's rapid growth.


Egyptian digital logistics startup Khazenly raises $2.5 million in seed funding to drive product development
Published: 15-06-2022 | 17:38:15 | By: Bob Koigi
Proceeds will be used to develop Khazenly’s products and services, and quadruple its existing facilities. Geographical expansion will also be supported as Khazenly continues its rapid growth trajectory during 2022.


Finnish tech startup Bob W acquires Estonian competitor Estonishing Stay to expand its holiday rental platform
Published: 18-05-2022 | 14:26:43 | By: Pie Kamau
Bob W has acquired Estonia’s largest short-stay serviced apartment operator, Estonishing Stay Apartments, tripling Bob W's coverage in Estonia.


Radisson Hotel Group partners with Plug and Play to accelerate its innovation capabilities for future travel technologies and solutions
Published: 06-05-2022 | 09:07:00 | By: Pie Kamau
Radisson Hotel Group announced its partnership with Plug and Play's Travel & Hospitality program, to strengthen its connections with selected startups, enabling the company to accelerate its innovation.


IFC invests in Algebra Ventures to support Egyptian tech startups, drive innovation
Published: 21-04-2022 | 11:18:00 | By: Pie Kamau
To support tech startups with access to finance and drive innovation and job creation primarily in Egypt, IFC announced an investment in the second fund from venture capital firm Algebra Ventures.


Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
Published: 30-03-2022 | 10:41:00 | By: Pie Kamau
Cairo-headquartered e-Sport startup has raised $3 million seed funding round, bringing the company’s total investment to date to $3.7 million.


Healthtech startup Altibbi raises $44m to scale growth across the MENA region
Published: 29-03-2022 | 13:03:00 | By: Pie Kamau
Middle East’s AI-based digital health platform Altibbi, has raised $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures.


MENA's c-Commerce startup Zbooni launches in Egypt
Published: 16-02-2022 | 09:59:00 | By: Pie Kamau
Zbooni, MENA's c-Commerce (connected commerce) platform, has announced its official launch in Egypt. The rapidly scaling startup, which is backed by regional and global investors, will support the backbone of the Egyptian economy.


Egyptian digital investment startup Thndr raises $20m to democratize investing in the MENA region
Published: 09-02-2022 | 11:58:00 | By: Pie Kamau
Thndr, the Egyptian digital investment platform, announced a new $20 million series A investment round co-led by Tiger Global, BECO Capital and Prosus Ventures.


Asia's banking infrastructure startup M2P Fintech raises $56m to accelerate global expansion
Published: 25-01-2022 | 15:31:00 | By: Pie Kamau
M2P Fintech, Asia's financial Infrastructure company, announced a $56 million Series C1 raise led by New York-based global private equity and venture capital firm Insight Partners with participation from MUFG Innovation Partners.


Irish digital food-ordering startup Flipdish raises €87m funding to transform digital consumer experience in hospitality
Published: 13-01-2022 | 12:07:00 | By: Pie Kamau
Irish digital food-ordering platform Flipdish has become the State’s fifth official home-grown tech unicorn following a new €87 million investment led by global technology company Tencent and Tiger Global.


Orange Ventures seed challenge opens applications for Egyptian fintech startups
Published: 10-01-2022 | 13:25:00 | By: Pie Kamau
Orange Ventures has opened applications for its Seed Challenge that will see the VC form award one fintech startup from Egypt with $570,000 in funding.


Egyptian fintech startup Sympl raises $6 million to accelerate growth of its merchant network
Published: 10-12-2021 | 10:11:37 | By: Bob Koigi
Sympl will use the proceeds to accelerate the growth of its merchant network to serve multiple product and service categories across online and in-store merchants as well as improving the product offering to better serve the platform customers.


Egyptian fintech startup KlickIt closes first investment round to further develop its platform
Published: 06-12-2021 | 15:27:25 | By: Pie Kamau
Egyptian fees management and digital collection platform, KlickIt, announced the closing of its first investment round to further develop its platform. The round was led by EFG Finance and Camel Ventures, the venture capital arm of dfin Holdings.


Crypto Valley Venture Capital initiates investment strategy to build blockchain accelerator for African startups
Published: 18-11-2021 | 10:32:00 | By: Pie Kamau
African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch 03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy.


Egyptian healthtech startup Sotech raises $1m in pre-seed funding to fuel growth
Published: 21-09-2021 | 08:43:00 | By: Pie Kamau
Sotech, an Egyptian e-health startup that specializes in smart IoT, trackable OOH advertising, and data gathering has raised $1 million in pre-seed funding round to scale its operations into the rest of the MENA region.


Egyptian B2B e-commerce startup MaxAB acquires distribution platform WaystoCap
Published: 25-08-2021 | 13:05:58 | By: Bob Koigi
MaxAB, Egyptian B2B e-commerce platform that serves food and grocery retailers, has acquired WaystoCap, the Morocco-based B2B e-commerce and distribution platform that connects retailers with suppliers across Africa.


Arab Bank launches its fintech accelerator program for startups in Egypt
Published: 24-08-2021 | 14:42:27 | By: Pie Kamau
Arab Bank launched its fintech-focused corporate accelerator program “AB Accelerator” in Egypt, following its successful launch in Jordan back in 2018.


Healthtech startup bttn. raises $5m seed add-on to modernize medical supply market
Published: 20-08-2021 | 12:16:00 | By: Pie Kamau
Healthtech startup bttn. announced it has closed a $5 million add-on to its seed round led by FUSE. The funds will be used to expand bttn.'s technology, sales, and operations teams wherein it will further expand and refine the platform, foster additional partnerships.


Hospitality tech startup Bbot raises $15m Series A to expand platform capabilities, improve support for restaurants
Published: 23-07-2021 | 15:57:00 | By: Pie Kamau
Bbot, a hospitality tech startup dedicated to simplifying and improving the ordering and payments process for restaurants, announced $15 million in Series A funding led by CRV.


Egyptian social e-Commerce startup Taager raises $6.4m seed round
Published: 20-07-2021 | 14:28:00 | By: Pie Kamau
Taager, an Egyptian social e-Commerce startup raised a $6.4 million seed funding round to help it scale its platform and expand across the Middle East.


Banque Misr partners with Microsoft to support fintech startups in Egypt
Published: 14-07-2021 | 12:11:00 | By: Pie Kamau
Banque Misr signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in the Egyptian market, enabling a spurt in fintech startup growth.


Scottish hospitality software startup Stampede launches Prep Starts Now campaign to reopen, digitise and grow hospitality businesses
Published: 07-04-2021 | 16:14:00 | By: Pie Kamau
Stampede, the Scottish hospitality software startup announced the launch of its Prep Starts Now campaign, with support from Visit Scotland and more than ten hospitality / tech organisations.


Early-stage investor DFS Lab announces fintech and digital economy design sprint for startups in Egypt
Published: 25-02-2021 | 09:09:00 | By: Pie Kamau
Early-stage investor DFS Lab announced it will facilitate a virtual design sprint in March 2021 for fintech startups in Egypt. The sprint is hosted by the Central Bank of Egypt, in collaboration with the Financial Regulatory Authority.


Egypt’s life science startup Nawah Scientific raises $1m round for market expansion
Published: 13-01-2021 | 08:22:00 | By: Pie Kamau
Egyptian life science startup Nawah Scientific announced the the closing a second pre-series A round of $1 million in mixed equity and debt capital, raising its total funding to $2 million.


Egyptian telemedicine startup Docspert Health secures funding round for geographical expansion
Published: 13-01-2021 | 08:03:00 | By: Pie Kamau
Docspert Health, a telemedicine startup with operations in the UK and Egypt, announced it has successfully closed Six-Figure USD investment in seed funding from Flat6Labs and a group of angel investors in the UK and USA.


ITIDA, AUC Venture Lab kick off Startup Launchpad to enrich Egyptian entrepreneurship ecosystem
Published: 25-11-2020 | 16:02:00 | By: Pie Kamau
ITIDA (IT Industry Development Agency) and AUC Venture Lab announced their collaboration on Startup Launchpad, a capacity-building program that empowers entrepreneurs as they launch their technology startups.


Ibnsina Pharma acquires 75% stake in Egyptian health and beauty products startup 3elagi
Published: 18-11-2020 | 10:25:12 | By: Pie Kamau
Ibnsina Pharma signed an agreement to acquire 75% stake in Egyptian health and beauty products startup 3elagi Tech, a platform that links pharmacies with patients to order medicines and cosmetics online.


Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
Published: 14-10-2020 | 16:11:00 | By: Pie Kamau
Egyptian last-mile delivery focused startup dreevo raised a six figure US dollar in a bootstrap, pre-seed funding round from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions.


IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
Published: 15-07-2020 | 12:41:00 | By: Pie Kamau
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.


Egypt fintech startup MoneyFellows nabs $4 million to drive financial inclusion
Published: 26-06-2020 | 13:18:00 | By: Bob Koigi
Egyptian fintech startup MoneyFellows has secured $4 million in Series A investment from venture capital firms Partech and Sawari Ventures.


Egypt startup Sakneen secures Y Combinator investment
Published: 23-06-2020 | 15:34:00 | By: Pie Kamau
Cairo based real estate startup Sakneen has been backed by Y Combinator in its mission to help homebuyers digitally search for and buy homes in Egypt.


[Startup Interview] Kareem Alkaseer, CEO, MentorLycon
Published: 11-02-2020 | 12:43:00 | By: Bas Vlugt
MentorLycon is a tech startup headquartered in Russia with an active presence in Egypt and expanding to other African countries. It has tapped into Artificial intelligence to provide businesses with bespoke and customer-centric IT solutions