Egyptian food-delivery startup Elmenus secured an undisclosed investment from Uber-owned ride hailing and food-delivery platform Careem, which is headquartered in Dubai and operates in over 100 cities across 15 countries, including the Middle East, Africa and South Asia regions. Careem is among the biggest brands...
Egypt’s Minister of Trade and Industry Nevine Gamea, executive director of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), on Friday (Feb. 25) announced that the nation is launching a $50 million venture capital program that’s backed by World Bank, MAGNiTT reported. Gamea has...
Health technology and services startup Story Health raised $22.6 million in a Series A funding round to innovate and build out its platform connecting heart disease patients and specialty care providers both virtually and in the home. The round was co-led by Northpond Ventures and...
Sweater, which bills itself as a fintech company and venture capital fund on track to become the first full0managed VC fund open to average investors, closed a $12 million funding round, according to a company news release Thursday (Feb 24).Sweater stated in the release that...
Piñata, which describes itself as a rental club whose incentive system makes the renting process easier for tenants and landlords alike, raised $13 million in a Series A funding round, the company stated in a news release. The Newark, New Jersey, company runs an app...
Construction billing platform Siteline has raised $15 million in Series A funding, the San Francisco company announced Thursday (Feb. 24). The round brings the company’s funding to $18.4 million and will let Siteline expand its sales, marketing, product, engineering and recruiting staff. The company says...
Indian consumer neobank Niyo has raised $100 million in a Series C round, the company announced in a news release Thursday (Feb. 24). Niyo says it will use the funding for product innovation, marketing and branding, boosting its distribution footprint and hiring talent. “Niyo is...
Private company intelligence engine Grata has raised $25 million in a Series A funding round, the company announced in a news release Thursday (Feb. 24). The round, led by Craft Ventures, brings Grata’s total funding to $35 million. “Grata’s product combines a web data acquisition...
Headless commerce startup fabric closed a $140 million Series C funding round led by Softbank, with participation from Forerunner Ventures, Glynn Capital and existing investors Redpoint Ventures, Norwest Ventures and Stripes. Robert Kaplan from Softbank will join fabric’s board of directors. Headquartered in Seattle and...
