E-commerce platform, Orisdi, has signed a six-figure deal with Al Sharqiya TV Group, facilitated through the Iraqi Angel Investors Network including a matching grant from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH via its project “ICT for Youth in Iraq”. Sharqiya is one of the largest media groups in Iraq, having launched the country’s […]Read More اقرأ المزيد
Miswag, Iraq’s largest e-commerce marketplace, has raised over $1.6 million in the country’s first Pre-Series A round, on an undisclosed 8-digit valuation. The funding from this round will be deployed to expand the company’s commercial and technological arms to accelerate the company’s revenue growth fivefold by mid-2022. The funding closely follows its six-figure bridge round […]Read More اقرأ المزيد
Woman-owned KESK announces that it has secured a six-figure seed funding in July 2021 from Euphrates Venture Capital Fund. As the fund’s latest portfolio company, this highly aspirational and meaningful step for KESK is a big leap not only for the company but for the startup scene in the region. My vision is to make […]Read More اقرأ المزيد
Fundraising is far from enjoyable for most founders; but in the words of Thanos (well, kind of) fundraising is inevitable. You wish you could be using your time working on your startup without worrying about those overhead costs. To make it more complex, funding in Iraq is difficult to find. We’ve looked at how to […]Read More اقرأ المزيد
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