altVenture Capital expertise & know-how
This particular adventure capitalist has had the privilege & opportunity to venture across EMMA
In relatively large numbers, and different sectors, stages, sizes & shapes
And by using a number of institutional fund & direct investment vehicles
Total transactions estimate 80 Ω Individual companies 59 Ω Total realised exits 23 Ω A DFI version of approved venture-type deals available in XLS format 48 Ω Although EMMA transactions can all be considered venture, the approved deal sheet includes only principal BA, VC & SME PE investments $60mil+ in 48 deals Ω Vs. PE, RE & PIPE investments $200mil+ in 11 deals
To execute 59 individual venture transactions, one probably needed to evaluate 30x the opportunities & see many more than that; building a strong acumen for emerging companies…
Theme Related Tracker
- Bazaar launches digital ledger app Easy Khata, hits over 100,000 merchants in less than two monthson April 14, 2021
Karachi-based B2B ecommerce marketplace Bazaar has launched Easy Khata, a new mobile app that helps retailers manage their ledger and accounting. The app that was launched a little over a month ago has already onboarded over 100,000 active merchants from 400 cities and towns of Pakistan. Within days of its launch, Easy Khata went viral, The post Bazaar launches digital ledger app Easy Khata, hits over 100,000 merchants in less than two months appeared first on MENAbytes.
- Interview: In a conversation with NowPay’s co-founder and CEO Mostafa Ashouron April 13, 2021
NowPay is a Cairo-based financial wellness platform that offers salary advances to corporate employees. It was one of the two fintechs that were part of Y Combinator’s most recent batch. Launched in 2019, NowPay is led by Mostafa Ashour who co-founded the company with Ahmed Sabry. The company today serves a variety of businesses – The post Interview: In a conversation with NowPay’s co-founder and CEO Mostafa Ashour appeared first on MENAbytes.
- Swvl’s co-founder and former CTO Ahmed Sabbah launches Telda, a Venmo-like app for Gen Z in Egypton April 13, 2021
Ahmed Sabbah, the co-founder and former Chief Technology Officer who left the Egyptian transportation startup last month is back with his new gig: Telda, a fintech that wants to change how Gen Z in the Middle East spends their money. Launched earlier this week in Egypt, Telda allows users to sign up for a digital The post Swvl’s co-founder and former CTO Ahmed Sabbah launches Telda, a Venmo-like app for Gen Z in Egypt appeared first on MENAbytes.
- Pakistan’s Truck It In raises $1.5 million pre-seed for its trucking marketplaceon April 13, 2021
Karachi-based trucking marketplace Truck It In has raised $1.5 million in a pre-seed round led by Global Founders Capital, it announced in a statement today. The round which is one of the largest pre-seed investments raised by a startup in the Middle East, North Africa & Pakistan, also saw the participation of Fatima Gobi Ventures, The post Pakistan’s Truck It In raises $1.5 million pre-seed for its trucking marketplace appeared first on MENAbytes.
- Egyptian payments startup Paymob closes $18.5 million Series A to fuel its expansionon April 8, 2021
Cairo-based fintech Paymob has closed $18.5 million in a Series A round led by Global Ventures, it announced today. The round includes $15 million in fresh capital and $3.5 million that came as its first tranche in July 2020. A15 and FMO, the Dutch entrepreneurial development bank, also participated in the deal. It is the The post Egyptian payments startup Paymob closes $18.5 million Series A to fuel its expansion appeared first on MENAbytes.
- Stripe expands to the Middle East with UAE launchon April 7, 2021
The global online payments company Stripe has finally made its way to the Middle East. It announced its official launch in the United Arab Emirates with the opening of its office in Dubai Internet City, on Tuesday. The launch comes after the introduction of its private beta in the country a few months ago. Stripe’s The post Stripe expands to the Middle East with UAE launch appeared first on MENAbytes.
- Pakistani edtech Edkasa raises $320,000 pre-seed, launches exam prep app for high school studentson April 7, 2021
Lahore-based edtech Edkasa has raised $320,000 in pre-seed funding led by i2i Ventures, it told MENAbytes today. The round was closed a few months ago but has been announced today. It also includes the participation of Walled City Co, Zayn Capital, and ‘strategic angel investors’ from Southeast Asia. Edkasa has also announced the launch of The post Pakistani edtech Edkasa raises $320,000 pre-seed, launches exam prep app for high school students appeared first on MENAbytes.
- Kuwaiti beauty ecommerce platform Boutiqaat acquitted in money laundering caseon April 5, 2021
Boutiqaat, the leading Kuwaiti beauty ecommerce platform has been acquitted in the money laundering case, it announced today. The case was dismissed by public prosecution after finding no evidence of money laundering or illicit activity. Boutiqaat had been under investigation for money laundering since July last year. Its local bank accounts also remained frozen for The post Kuwaiti beauty ecommerce platform Boutiqaat acquitted in money laundering case appeared first on MENAbytes.
- Sawari Ventures closes $69 million fund to invest in Egyptian startupson April 5, 2021
Cairo-based Sawari Ventures has closed its Egyptian fund with new commitments of $28 million (EGP 440 million) from Misr Insurance Group, Kuwait Investment Authority’s Ekuity, National Bank of Egypt, Banque Misr, Banque du Caire, and Suez Canal Bank, it announced today. The fund had previously closed $41 million (EGP 650 million) from European Investment Bank The post Sawari Ventures closes $69 million fund to invest in Egyptian startups appeared first on MENAbytes.
- Saudi’s Quantum raises $2.6 million seed to help brands grow with product trials and analyticson April 4, 2021
Product sampling is one of the most popular tools used by marketers to acquire customers and test their products. It helps brands give users a taste and feel of the product by providing free samples. The problem, however, with product sampling is that even today, brands have to rely on offline channels to do it The post Saudi’s Quantum raises $2.6 million seed to help brands grow with product trials and analytics appeared first on MENAbytes.