The Iraqi Angel Investors Network (IAIN) announced its third facilitated investment into startups in Iraq. The members of the network; Amar Shubar and Jaafar Al Musawi, along with other co-inventors, have made a six figure investment into Hi-Express. In addition, the investment was partially matched by $20,000 in grants from the Deutsche Gesellschaft für Internationale […]Read More
Teami has concluded its first investment round through the Iraqi Angel Investors Network. The company raised a five-figure round from a group of Iraqi investors including; Mohammed Al-Hakim, the General Manager of Careem in Iraq and Jordan; Iraq Tech Ventures; Ahmed Baqir and KAPITA. In addition, Teami secured $20,000 in grants from the Deutsche Gesellschaft […]Read More
Tabib Baghdad, an online platform that connects Iraqi Patients to Doctors has raised its seed funding round of six figures through the recently launched Iraqi Angel Investors Network, led by KAPITA and Nass Al Iraq. In addition, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH with its project “ICT for youth”, matched a grant of […]Read More
The Iraq Hackathon brought together tech entrepreneurs across Iraq in an online event that took place from the 6th to the 8th of November. After 450 applications, 65 business ideas were chosen and evaluated for their validity in the Iraqi market. After a weekend of mentorship and building a prototype and pitch deck, 10 teams […]Read More
The concept of the hackathon began around twenty years ago by a group of young programmers. A hackathon is defined as an event that brings together a group of people with shared interests and skills to exchange experiences or solve a problem. Hackathons are occasions for individuals and enterprises to stimulate innovation through collaboration. It also […]Read More
Wastepreneur is a capacity development, market activation and entrepreneurship programme for SME development in the waste management sector for Mosul and Basra, organised by cewas. Cewas Middle East and Black Forest Solutions GmbH have teamed up with the support of GIZ’s Private Sector Development and Employment Promotion Project to provide a specialised, 10-month incubation programme […]Read More
Miswag, Iraq’s leading e-commerce platform, today announced the successful closing of its second round of seed funding. Coordinated by Iraq Tech Ventures and led by Euphrates Iraq Fund and Shwan Ibrahim Taha, Chairman of Rabee Securities, this round was funded by the same consortium of institutional and individual investors from the Middle East and United States that participated […]Read More
The rise of e-learning in the last decade has brought forth a range of solutions to provide high-quality education to people of all ages. Recent COVID lockdowns have inspired people all over the world to learn new skills at home using free and paid online courses. But today, the internet services and traditional methods of […]Read More
Baghdad-based food delivery app Alsaree3, and it’s sister company Al Zajel which provides last-mile deliveries and e-logistics services in Baghdad, recently closed its six figure seed round. The seed round was led by Iraq Tech Ventures and Mr. Shwan Ibrahim Taha, Chairman of Rabee Securities. Other investors in this round included Rawaz Rauf, New Venture […]Read More
KAPITA has launched Iraq’s first Angel Investor Network (IAIN) that is dedicated to connecting startups with angel investors in order to develop the Iraqi entrepreneurship ecosystem. The network is sponsored by the German Government through GIZ (German Agency for International Cooperation). KAPITA is a private sector development company that aims to empower small and medium-sized […]Read More