Corrsy, a revolutionary Finnish/Iraqi EdTech startup, proudly announces the successful closure of its pre-seed investment round raising $500,000. This significant milestone marks the beginning of an exciting journey to transform education in the SWANA region through groundbreaking learning experiences. The investment round was led by EQIQ, a regional venture capital firm specialising in emerging markets, […]Read More اقرأ المزيد
The real estate market in Iraq is experiencing a significant transformation, driven by increased foreign investment and a growing population. With a current market value of $1.11 trillion, the sector presents lucrative opportunities for investors. We’ll delve into the current trends, challenges, and opportunities within the Iraqi real estate market, highlighting key data points and […]Read More اقرأ المزيد
Alsaree3, one of Iraq’s fastest-growing food and last mile delivery services, announced today that it has successfully closed its Series A capital raise round with an undisclosed seven-figure investment. This funding round is particularly noteworthy due to the participation of Snoonu, Qatar’s leading food delivery and e-commerce platform. Such a strategic regional partnership to build […]Read More اقرأ المزيد
Orisdi, the leading vertically integrated and the #1 fragrances e-commerce store in Iraq, announces the successful conclusion of a six-figure bridge round of investment. This latest funding round, which closed in April 2024, will further fortify Orisdi’s business development efforts and highlight the burgeoning potential of the e-commerce sector in Iraq. The investment round witnessed […]Read More اقرأ المزيد
BonLili, an Erbil-based mcommerce platform specialised in fashion and beauty products, has announced the successful completion of its first pre-seed investment round. The company has secured a six-figure investment from an angel investor, marking a significant milestone in its journey towards transforming the vision of seamless beauty and fashion shopping into reality. This funding achievement […]Read More اقرأ المزيد
Wayl, the payments platform for online sellers in Iraq, has successfully secured $150,000 in pre-seed funding from EQIQ Ventures, a VC fund led by Mohamed Al-Hakim. This investment is a significant milestone for Wayl as it aims to empower social media merchants and freelance workers across the region. It is also the first investment in […]Read More اقرأ المزيد
Leveraging over 17 years of telecom industry experience, Karrar Al-Taie utilised his corporate background to design an imaginative new enterprise – founding Lemune, an innovative grocery delivery service aiming to reinvigorate grocery shopping in Iraq. After recognising the public sector’s bureaucratic limitations during a brief government stint post-university, Karrar pivoted to the private sphere, climbing […]Read More اقرأ المزيد
Orisdi, the leading vertically integrated e-commerce store in Iraq, successfully concluded a six-figure bridge round of investment in August 2023, fortifying its ongoing business development efforts and recognising the burgeoning potential of the e-commerce sector in Iraq. The latest investment round witnessed the participation of both new investors and existing shareholders, such as Al Sharqiya […]Read More اقرأ المزيد
Midient, an Iraqi startup co-founded by Ahmed Jamal, Mohammed Shahoyi, and Omer Sabah, has received a pre-seed round investment from regional accelerator Flat6Labs in the amount of $115,000 for its product Kurdivia. Kurdivia is a loyalty program that offers a creative approach to digital loyalty solutions which has been gaining traction with investors. Kurdivia has […]Read More اقرأ المزيد
Investing in startups can be a risky but potentially rewarding endeavour, and this is especially true in emerging markets such as Iraq. Despite the challenges and uncertainties that come with investing in a volatile region, there are also many opportunities for those willing to take on the risk. Here are some key considerations for those […]Read More اقرأ المزيد
