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
Since our last article on green entrepreneurship in Iraq, we wanted to introduce you to another three amazing green initiatives focused on sustainability in Iraq. Can you tell we’re fans? From advice on plant care to pollinating palm trees, these Iraqi projects are helping tackle the wider pollution and climate change crisis in the country […]Read More اقرأ المزيد
With the growth of the private sector and freelance work, businesses are beginning to recognise the need for co-working spaces in Iraq. Traditional offices were already witnessing disruption before the pandemic, which has only accelerated in the past year. Around the world, people have found that working in shared spaces creates a sense of community […]Read More اقرأ المزيد
Iraq has been described as “one of the Arab region’s most vulnerable countries to climate change“. Environmental pollution caused by gas flaring and depleted uranium is one of the many contributing factors towards pollution. The implications of this are widespread – affecting generations through cancerous diseases or birth defects of newborns. The official statistics issued […]Read More اقرأ المزيد
Commitments to addressing diversity in the workplace have been ever-increasing. For a long time, research has shed light on the serious lack of diversity in managerial roles and boards. However, civil unrest and the Black Lives Matter movement in the summer of 2020 have pushed organisations around the world to express their solidarity with the […]Read More اقرأ المزيد
We get it. Launching a startup is quite difficult in Iraq. But making sure your startup is resilient and won’t collapse in the midst of quarantine restrictions and other implications of the global pandemic makes the word ‘difficult’ a total understatement. In 2019, the government of Iraq imposed internet shutdowns in response to protests demanding […]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-investors, 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