Category : Investment

KAPITA Launches Iraqi Angel Investors Network

Fatimah Oleiwi 1 September 2020

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

Investment

Lezzoo Acquires Erbil Delivery In Journey To Become Super App Of Iraq

Fatimah Oleiwi 31 August 2020

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

Investment

Lezzoo Closes Largest Seed Round In Iraq

Zahra Shah 26 July 2020

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