Orisdi, a leading e-commerce store in Iraq, has successfully raised a six-figure bridge round. The round was led by Innovest Middle East VC and a group of angel investors including Amar Shubar, Partner at Management Partners Consulting, and Omar Al-Handal, Managing director of Al Handal International Group. Orsidi was founded in February 2019 by Ahmed […]Read More اقرأ المزيد
NGO and makerspace Field Ready is partnering with Re:Coded to re-open the doors to Gulan Street’s co-working space, now re-named the Erbil Innovation House. Formerly known as Re:Coded House and managed by Re:Coded, the co-working space has been closed since September 2020 and is re-launching as the Erbil Innovation House on 1st February 2021. The […]Read More اقرأ المزيد
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 اقرأ المزيد
The American University of Iraq, Sulaimani (AUIS) launched one of the first accelerator programs in Iraq – the Takween Accelerator. As part of the Yanhad project, the program aims to promote civic engagement and entrepreneurship among Iraqi youth. Having launched in June 2020, the accelerator is funded by the European Union and the Crisis and […]Read More اقرأ المزيد
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 اقرأ المزيد
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 اقرأ المزيد
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 اقرأ المزيد
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 اقرأ المزيد
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 اقرأ المزيد
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 اقرأ المزيد