Alsaree3 Group, consisting of Alsaree3 (food-delivery) and Al Zajel Express (last-mile delivery services), closed a seven-figure bridge round in late March 2021. Coordinated by Iraq Tech Ventures and Innovest ME, the round included prominent Iraqi investors such as Euphrates Advisors, Shwan Ibrahim Taha, Chairman of Rabee Securities, Rawaz Rauf of Hiwa Rauf Group, Bassam Falah, […]Read More اقرأ المزيد
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
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
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
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
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 اقرأ المزيد
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 اقرأ المزيد
Erbil Delivery has announced that it has been acquired by Lezzoo for an undisclosed cash and equity deal. Erbil Delivery is an online grocery shopping app in Erbil which launched in 2018. It was the first to offer on-demand grocery delivery and became a city-favourite. Lezzoo, which recently raised a seven-figure seed round, has also […]Read More اقرأ المزيد
Lezzoo has announced that it has raised a seven-figure seed round (at least one million dollars) – the largest funding for a Kurdish-Iraqi startup. The investment was led by New York and Baghdad-based investment firm Northern Gulf Partners and California-based Pay It Forward Venture Capital, with some individual investors from the USA and Latin America. […]Read More اقرأ المزيد