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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3746295 | Tags:



Roofing technology startup Roofr raises $23.5m to build end-to-end roofing software
Published: 19-10-2023 | 11:36:00 | By: Pie Kamau
Roofr, a roofing technology startup, has raised $23.5m in funding.


Lottie raises £16.35m to confront the social care crisis, elevate the standard of later living
Published: 09-10-2023 | 11:52:00 | By: Pie Kamau
London-based Lottie has raised £16.35m Series A funding round.


Proptech AI startup Zenerate partners with SoLa Impact to automate affordable housing developments
Published: 14-08-2023 | 14:12:00 | By: Pie Kamau
Zenerate has partnered with SoLa Impact.


Kiilto Ventures invests in Asumma, a Finnish ecological CLT housing startup
Published: 15-03-2023 | 12:05:00 | By: Pie Kamau
Kiilto Ventures has led equity investment in Asumma, a Finnish startup that designs and sells high-quality, move-in-ready single-family homes


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.


Building construction startup Boxabl unveils the home of the future
Published: 08-02-2023 | 09:42:00 | By: Pie Kamau
Boxabl, the innovator in building systems, made a huge impact at this year's International Builders' Show (IBS) with its two-story building display.


Pre-sale home renovation startup Freemodel raises $19.5m Series A funding to expand its service offering
Published: 01-02-2023 | 10:39:00 | By: Pie Kamau
San Francisco Bay Area-based tech-enabled home renovation company Freemodel, announced it has secured a $19.5 million series A investment led by QED Investors.


Belgian coliving startup Cohabs joins forces with real estate investors to accelerate growth
Published: 28-11-2022 | 11:06:00 | By: Pie Kamau
Cohabs, a Brussels-based company specializing in coliving, announced the entry into its capital of three new institutional investors: Ivanhoé Cambridge, Belfius Insurance, and the real estate arm of the Belgian Sovereign Fund (SFPIM - Real Estate).


Buying a home with NFT
Published: 11-10-2022 | 08:00:00 | By: Bob Koigi
When talking about NFT, many people usually relate them to any image created in JPEG format, which generally has a reasonably high value.


Las Vegas startup Boxabl raises capital to continue disrupting the housing market
Published: 15-08-2022 | 11:56:00 | By: Pie Kamau
Las Vegas based startup Boxabl announced an undisclosed capital raise to continue disrupting the housing market.


South Africa’s student housing startup DigsConnect secures investment to spearhead international growth
Published: 22-07-2022 | 09:39:00 | By: Pie Kamau
DigsConnect.com, South Africa’s digital student accommodation platform, announced the closure of its Pre-Series A seed extension round after securing undisclosed multi-million rand investment.


DeFi for construction finance startup Rigor raises $3.5m to end housing's affordability crisis
Published: 16-06-2022 | 15:05:00 | By: Pie Kamau
Rigor, an innovative decentralized finance (DeFi) protocol for construction lending and payments, has secured $3.5m in institutional seed financing from an honor roll of venture funders.


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.


Habitat for Humanity launches ShelterTech accelerator seeking affordable housing innovations in sub-Saharan Africa
Published: 17-05-2022 | 13:22:15 | By: Pie Kamau
Global nonprofit organization Habitat for Humanity has opened applications for the ShelterTech sub-Saharan Africa accelerator program.


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.


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.


U.S. housing technology startup Jupe raises $9.5m seed round to build pop-up shelter system
Published: 08-12-2021 | 14:23:00 | By: Pie Kamau
Housing technology startup Jupe announced $9.5 million in seed funding led by Initialized Capital with participation from Y Combinator. The money will be used to hire a CTO and a wider team of software and hard tech engineers.


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.


Home fashion startup Modern Matter raises $1.2m seed round to accelerate growth of its e-Commerce platform
Published: 11-11-2021 | 11:58:00 | By: Pie Kamau
Modern Matter, a design company and manufacturer of decorative and architectural hardware, raised $1.2 million in seed capital. Modern Matter collaborates with leading designers to develop exclusive hardware designs for luxury homeowners.


Proptech startup Nomad Homes raises $20m to digitize residential real estate across Europe, Middle East and Africa
Published: 30-09-2021 | 15:42:00 | By: Pie Kamau
Nomad Homes, a property technology startup that offers an end-to-end buyer experience for real estate across Europe, the Middle East and Africa, has closed a $20 million Series A funding round.


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.


Proptech startup Kocomo raises $56m to tackle cross-border co-ownership of luxury vacation properties
Published: 31-08-2021 | 13:15:00 | By: Pie Kamau
Kocomo, a pre-seed stage proptech startup backed by U.S., European, and Latin American investors, has raised $56 million in debt and equity to tackle cross-border, co-ownership of luxury vacation properties.


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.


RentCheck startup raises $3.6m to automate rental property inspection process
Published: 10-08-2021 | 12:05:00 | By: Pie Kamau
After stealthily achieving product-market fit, RentCheck, world's first vision-based, automated property inspection platform, is ready to change the tenant-landlord dynamic. The company will take aim at the tenant "deposit deduction" problem.


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.


Atlanta-based startups GROUNDFLOOR and PadSplit team up to create affordable housing
Published: 21-04-2021 | 12:38:57 | By: Pie Kamau
GROUNDFLOOR, a wealthtech platform that allows everyone to build wealth through real estate, and PadSplit, a mission-driven marketplace that helps solve the affordable housing crisis, are teaming up to create hundreds of new affordable housing units.


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.


Clearent acquires field-services-management solution Wintac
Published: 23-09-2020 | 12:20:00 | By: Bob Koigi
Payment-solutions provider Clearent has acquired Wintac, a field-service-management software solution primarily targeting residential contractors.


3D printed home builder ICON lands $35m funding led by Moderne Ventures
Published: 21-08-2020 | 11:35:00 | By: Pie Kamau
Developer of advanced construction technologies including robotics, software, and building materials ICON announced it has completed a $35 million series A round of financing led by Moderne Ventures.


British startup Planet Smart City partners with UN-Habitat on slum upgrading initiatives in Kenya
Published: 03-08-2020 | 15:56:00 | By: Pie Kamau
British startup Planet Smart City has joined forces with the United Nations Human Settlements Programme, UN-Habitat to provide digital tools, community management and social innovation to help improve lives in informal settlements in Kenya.


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] Rense van Dijk, CEO, Woon Duurzaam, The Netherlands
Published: 04-06-2020 | 17:13:00 | By: Bob Koigi
Woon Duurzaam, a Netherlands-based startup, assists customers who are in pursuit of a sustainable lifestyle by providing every homeowner with an affordable energy sustainable home.


UK startup Planet Smart City expands further in Brazil with new smart city launch
Published: 03-06-2020 | 11:45:00 | By: Pie Kamau
Planet Smart City startup, the global leader in smart afordable housing, has expanded its presence in Brazil with the launch of its fourth smart project in the country- Smart City Aquiraz.


[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