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Egyptian MOT startup SoTech secures $1M in financing for expansion plans

Launched in March 2020 at the kick-off of the pandemic in Egypt, SoTech currently develops digital transformation systems and software that help medical staff to better manage clinics

MENAPT raises $150M VC funds in October 2021 | MAGNiTT

Investments in the MENAPT region have nearly reached $2 billion this year, with almost $150 million raised in October alone

Egypt represented by local startups and companies at Web Summit 2021

Egypt’s heavy participation at the international tech event aims to enforce Egypt's position on the global map of innovation and entrepreneurship

Egypt 2nd largest share of total venture investment in MENA: MAGNiTT

In its recent Egypt Venture Investment Report 2020, MAGNITT looked at the Egyptian startup ecosystem that pushed forward during an unexpected global upheaval

VC Algebra Ventures launches $90M fund to invest in Egyptian and MENA startups

Algebra stated that the $90 million fund is aiming for a first close in Q3 2021, however has not disclosed when it will begin drawing on the fund