EQIQ, a venture capital fund and venture builder led by founding partners with a track record of investing over $500 million in technology startups and generating more than 3.3x return, is expanding its fund size from $15M to $30M. Domiciled in Abu Dhabi Global Market (ADGM), EQIQ is pursuing both greenfield (seeding new ventures) and […]Read More اقرأ المزيد
iQ Cars, the largest online car marketplace platform in Iraq, announced the successful closure of a 7-figure Seed funding round led by Euphrates Ventures. iQ Cars is where buyers and sellers of cars meet in Iraq. The site hosts more than 34,000 listings, from both private parties and over 1,000 car dealerships nationwide, backed by […]Read More اقرأ المزيد
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
