The funding round was led by Hong-Kong based Betatron Venture Group with participation from existing investors
FinTech also led EVM industry funding at $2,139 million (up 549%), followed by Transport and Logistics at 1,658 million (up 460%)
Egypt’s seven entries raised a total of $248.6 million, with the top Egyptian company in 8th place
Using a data-driven approach, Gahez successfully relieved fashion retailers from issues stemming from procurement and facilitated their selection of products and sourcing options
In their year-end report, the Ministry of International Cooperation revealed their 2021 efforts in supporting support entrepreneurship, innovation and startups through Egypt Ventures
