The real estate sector in Iraq is one of the most crucial and fastest growing sectors of the economy. In recent years, there has been an increase in investment in this sector, which has led to new challenges and opportunities. The sector is complex and constantly evolving, so it is essential to have new solutions […]Read More اقرأ المزيد
Iraqi businesses are still recovering from the impact of the Covid-19 pandemic. According to a Panel Study conducted by The United Nations’ International Organization for Migration (IOM) in Iraq, Food and Agriculture Organization (FAO), and the International Trade Center (ITC), ‘Firms suffered large losses in revenue early on (an average decline of 67% by June […]Read More اقرأ المزيد
The continued pandemic-driven disruptions impacting the e-grocery segment have led to the emergence of q-commerce, a new vertical which has recently gained substantial traction across the Middle East. With the ongoing surge in digital ordering and drastically evolving customer expectations, food and grocery delivery businesses are racing to ride the q-commerce boom utilising hyper-local micro […]Read More اقرأ المزيد
ZoodPay, the “Buy Now Pay Later” (BNPL) super app has successfully completed a $38 million Series B fundraising round, attracting significant attention from leading global investors. London-based VC, Sturgeon Capital, Zain Group’s venture capital arm ‘Zain Ventures’, and other existing investors joined the funding round. Headquartered in Switzerland, the ZoodPay and ZoodMall app has more than […]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
Now, more than ever, the world needs entrepreneurs to rethink what’s possible. As a result, the Founder Institute, the world’s largest pre-seed startup accelerator, is excited to announce that it is officially launching its newest chapter in Iraq under the Levant Program. While the Silicon-Valley based program has chapters in over 200 cities worldwide, early-stage […]Read More اقرأ المزيد
In 2019, we highlighted some of the most influential women in Iraq’s tech scene. The women on this list inspired us as they broke through stereotypes and created a movement in their respective cities. This was in a country rated by a National Geographic study as the sixth worst place in the world to be […]Read More اقرأ المزيد
The American University of Iraq, Sulaimani (AUIS) launched one of the first accelerator programs in Iraq – the Takween Accelerator. As part of the Yanhad project, the program aims to promote civic engagement and entrepreneurship among Iraqi youth. Having launched in June 2020, the accelerator is funded by the European Union and the Crisis and […]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
