Funding In Northern Africa
Egyptian food delivery platform, Elmenus, secures Pre-Series C $10mn from Fawry and Luxor Capital
Elmenus is their first investment in the Middle East. The round takes the total capital raised to date by the Egyptian startup to about $20 million. Read more
Egyptian E-health startup, Yodawy, secures US$7.5mn Series B funding
Yodawy plans to utilize the latest funds to launch new products and grow into other countries, according to a statement from the firm, which did not disclose the markets the startup is eyeing for expansion. Read more
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Egypt’s Edutainment startup, Jeel Platform, lands US$1.2m
The company plans to use the seed fund in strengthening its technical capabilities, offering more services and content, and expanding its team. Read more
Funding In Emerging Markets
B2B retail distribution platform, MarketForce, baggs US$2mn Pre-Series A
The raise brings MarketForce’s total funding to date to US$2.5mn after it raised US$350k seed round last year and US$150k from Y Combinator. Read more
