Startups

Africa’s startup ecosystem is experiencing a surge in innovation and investment. FollowICT, the digital economy platform, highlights the week’s most notable developments from across the continent. Itana Opens Applications for…
Read More...

Intella, the market leader in dialectal Arabic speech intelligence, today announced it has closed $12.5 million in an oversubscribed Series A round led by Prosus, with participation from 500 Global, Wa’ed Ventures, Hala Ventures, Idrisi…
Read More...

Seraya, a Dubai-based proptech and hospitality startup, has secured $1.8 million in seed funding through a mix of equity and debt, bringing its total capital raised to $2.15 million. The round was led by a prominent Saudi family office and…
Read More...

Munify (YC S25) has raised $3M in seed funding to build a cross-border neobank for Egyptians abroad. The startup, founded by former Microsoft and Uber engineer Khalid Ashmawy, gives migrants a faster, cheaper way to send money home while…
Read More...

Egypt’s first incentivized goal-based investment platform, has officially launched after closing the pre-seed funding round led by 4DX Ventures, with participation from Plus VC and a group of global angel investors. The company announces…
Read More...

Maalexi, a UAE-based B2B food and agriculture platform, has secured an Islamic credit facility of up to $20 million from Amwal Capital Partners, an independent alternative investments firm. The agreement begins with an initial $5 million…
Read More...

Holo, a fintech platform reinventing how people buy homes in the UAE, has announced that it has raised $22 million in one of the largest Series A rounds in the GCC in 2025. The investment round was led by Saudi Arabia’s Impact46, with…
Read More...

Entlaq, in partnership with El Gouna, is proud to announce the launch of the third edition of the Egyptian Entrepreneurship Sector Diagnostics Report (SDR 2025), taking place in El Gouna from September 24 to 26, 2025. Now recognized as an…
Read More...

As Africa’s startup ecosystem continues to evolve, FollowICT highlights the week’s most significant developments across the continent—from venture studio breakthroughs in Nigeria to strategic capital flows in East Africa and beyond.…
Read More...

The New York-based startup, Eight Sleep, announced Tuesday that it raised a fresh $100 million round from investors such as HSG, Valor Equity Partners, Founders Fund, Y Combinator and athletes including Ferrari F1 driver Charles Leclerc,…
Read More...