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Mudrex launches Saber.Money to offer onramp and offramp services in India
Mudrex announced the launch of Saber.Money to offer services to B2B clients.
AWS and Immutable partner to supercharge mass adoption of Web3 gaming globally
Immutable will work with AWS to accelerate the on-boarding of game studios to Web3.
Harpie launches Wallet Monitoring tool for crypto investors
Harpie has launched a Wallet Monitoring tool that provides real-time threat detection for crypto wallets.
BingX invests in AI and Web3 startup Moonbox to accelerate growth
BingX has invested in Moonbox, a pioneering AI and Web3 startup.
Binance Labs invests in decentralized Rollups-as–a-Service (RaaS) provider AltLayer
Binance Labs has announced a strategic investment in AltLayer.
OKX Ventures invests $1m funding round in Hong Kong-based AI and Web3 startup Moonbox
OKX Ventures has announced a $1m investment in Moonbox.
Pulsr launches Web3's first AI search engine for NFTs
Pulsr Foundation has released AI search engine optimization for over 5 million NFTs.
Web3 and the rise of the digital asset investor, Plug and Play
Web3 is a more decentralized system for sharing data and managing digital assets.
The evolution of cryptocurrencies - a look at how blockchain technology is going mainstream
Cryptocurrencies have been around for over a decade now and have come a long way since their inception.
[Interview] Gharjyot Singh, CEO, Cerebrum Infotech, India
Gharjyot Singh is the CEO of Cerebrum Infotech, a software and web development company based in India.
Web3 startup nealthy raises $1.3m in pre-seed to simplify NFT and crypto investing
nealthy, a Web3 startup for investing in NFTs and cryptocurrency, announced it raised $1.3 million in pre-seed funding round backed by experienced Web3 investors, including renowned crypto celebrity ‘DonGeraldo.’
Customer intelligence and marketing CRM platform Gameball raises $3.5m seed round for international expansion
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
Flutterwave, Africa's payments technology company, has announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.
[Column] Xiao Feng: The 10 principles of Web3
What is Web3? Web3 is essentially the other side of the coin in relation to blockchain technology. When we talk about blockchain, we are also talking about Web3 to a considerable extent, and vice versa.
Squid raises $3.5m to build next-generation cross-chain swaps
Squid, a Zug, Switzerland-based provider of a routing protocol that enables users and developers to easily access cross-chain liquidity, raised a $3.5m seed round led by North Island Ventures.
5 key insurance industry trends in EMEA region according to Plug and Play
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.
Metaverse development startup Virtualtech Frontier secures seed funding to further develop its Mitoworld platform
Virtualtech Frontier (VTF), a metaverse development company, has secured seed round funding from Blockchain Founders Fund (BFF), joining forces with seed investor 500 Global.
OKX Ventures, GSRV co-lead $2m seed round for decentralized identity platform Nametag
Nametag, creators of the new standard for end-user identity verification with web3, announced a $2 million seed round co-led by GSRV and OKX Ventures.
Hologram startup Proto secures investment from Christie’s Ventures to accelerate growth
Proto, the original hologram device and platform, announced that Christie's Ventures has invested in the company, solidifying the bonds of their successful collaborations.
Web3 startup Tonsnipe raises $100K to build a token and NFT aggregator on Ton blockchain
Tonsnipe, a web3 startup building on The Open Network has closed a $100K private funding round to develop a Ton blockchain-based native token and NFT aggregator.
Chinese web3 startup Viide shows ambition to leverage advertising through Decentralized Screen Network
Viide, a web3 startup has shown its ambition to leverage the value of web3 advertising in China through its Decentralized Screen Network.
Swiss NFT-based athlete investment startup FANtium raises €2m angel investment to democratize athlete financing
Swiss NFT-based athlete investment platform FANtium, announced a private pre-seed round of $2 million.
Cryptocurrency startup Zerion closes $12m Series B funding to build the best wallet for Web3 citizens
Zerion, the wallet for the most active web3 users, announced the closing of a $12.3 million Series B funding round led by Wintermute Ventures.
T-Mobile accelerator startup Krikey brings NFT puppies to the Flow blockchain
Krikey, a gaming studio with more than 5 million users, announced the launch of SolarPups on the Flow blockchain.
Boston-based crypto fund startup Triblock emerges out of stealth
Triblock, a Boston-based investment and advisory firm co-founded in 2019 by Matt Batsinelas and Bennett Collen, announced the startup has emerged out of stealth, after making over 20 investments while operating in stealth.
Web3 digital identity startup Unstoppable Domains raises $65m Series A funding at $1b valuation
Unstoppable Domains, the platform for Web3 digital identity with more than 2.5 million registered NFT domains, announced it has closed $65 million in Series A funding at a $1 billion valuation.
Web3 startup Book Token launches eBooks on Chain, sells $100K worth of eBooks
Dallas-based startup, Book Token (Booktoken.io), has brought books to the blockchain with the launch of its first eBook, the Gutenberg Bible - in recognition of the printing press technology created by Johannes Gutenberg.
Cryptocurrency startup Coinfeeds raises $2m seed round, launches Web3 community monitoring app
Coinfeeds announced that it has raised a $2 million seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator.
Fintech startup CoinFlip raises $1m initiative to support emerging Web 3.0 startups
CoinFlip, a fintech company powered by cryptocurrency, announced the launch of CoinFlip Ventures, a new initiative that will support Web 3.0 based startup companies.
Singapore-based music startup SpiderVille raises $1m pre-seed funding to accelerate Web3 music adoption
SpiderVille, a Singapore-based Web3 music startup, announced it has raised a $1 million pre-seed round from Contents Technologies, Samsung Next, and other notable angel investors.
Magic Eden launches Magic Ventures to focus on Web3 gaming investments
Magic Eden, the destination for NFTs, announced the launch of Magic Ventures, a venture arm that will focus on investing in Web3 games.
Egyptian digital logistics startup Khazenly raises $2.5 million in seed funding to drive product development
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.
Tallinn-based NFTPort raises $26m Series A round to become the leading NFT infrastructure
Estonia's NFTPort announced the closing of a $26 million Series A funding round co-led by Taavet+Sten, the investment vehicle of Taavet Hinrikus and Sten Tamkivi, and Atomico.
Taiwanese social CRM startup GoSky AI completes undisclosed seed funding round
Taipei-based social CRM startup GoSky AI announced the completion of an undisclosed seed funding round led by 500 Global venture capital firm.
FTX Ventures leads $5m seed round for NFT trust layer Doppel
Doppel, a real-time, cross-chain monitoring service for detecting NFT fraud and counterfeits, announced the close of a $5 million seed investment round led by FTX Ventures.
London-based Bundlr Network raises $5.2m seed round to build an easier, faster way to store data on web3
Bundlr Network, a decentralized platform that makes it fast and easy to store data on web3, has raised a $5.2 million seed round co-led by Framework Ventures.
Austin entrepreneurs launch new crypto cybersecurity startup, CryptoArmor
Austin-based entrepreneurs Grant Mitterlehner and Brendon Kelley are together forming a new startup, CryptoArmor, to build security tailored for crypto, NFT, and metaverse companies.
IFC invests in Algebra Ventures to support Egyptian tech startups, drive innovation
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.
Twitch Co-founder raises $35m seed round for Fractal, a new marketplace for gaming NFTs
Fractal, a new marketplace for gaming NFTs founded by Justin Kan, the Co-founder of Twitch, announced a $35 million seed round led by Paradigm and Multicoin Capital with with participation from Andreessen Horowitz.
Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
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
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.
Singapore-based game-fi blockchain startup Ethlas raises $2.7m seed funding round
Singapore-based game finance (game-fi) blockchain startup, Ethlas, announced it has secured $2.7 million in seed funding from investors such as Sequoia Capital India and Yield Guild Games Southeast Asia.
Crypto investment firm Hartmann Capital launches $30m Metaverse Fund
Hartmann Capital, a four-year veteran in crypto asset management, announced the launch of its second fund specialized in exclusively investing into the Metaverse.
MENA's c-Commerce startup Zbooni launches in Egypt
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
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
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
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
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
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
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
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
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
Arab Bank launched its fintech-focused corporate accelerator program “AB Accelerator” in Egypt, following its successful launch in Jordan back in 2018.
Egyptian social e-Commerce startup Taager raises $6.4m seed round
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
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.
Early-stage investor DFS Lab announces fintech and digital economy design sprint for startups in Egypt
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
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
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
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
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
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
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
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
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
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
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here