The assumption is that startups in Iraq fail because of unviable business models, or ideas which do not address the right problem. In many cases, these are true. However, many Iraqi founders have ideas in the right industry and are addressing the right market, but still do not prevail. The way we see it, many […]Read More اقرأ المزيد
Recent years have seen an explosion in the e-commerce sector in Iraq. The industry has transformed from a niche, dominated by tech-savvy individuals, to becoming a mainstream service for the average Iraqi consumer. According to a survey done by Think Bank Iraq, 57% of Iraqi internet users have shopped at least once online. This has […]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
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
Startups are exciting and all the rage, but let’s face it, a successful startup isn’t always easy to achieve. Do what you love ✔️. Find your niche ✔️. We haven’t talked about this one much, but do also pick the right industry to launch a business in. Ideally, an industry that isn’t too crowded and […]Read More اقرأ المزيد
Water and Energy for Food Grand Challenge (WE4F) MENA launches a unique new support program for Iraqi innovators promoting local, sustainable, and scalable solutions for challenges in the water, energy, and agriculture sectors. The United States Agency for International Development (USAID) is proud to announce the launch of the WE4F Iraqi Call for Innovations, to […]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
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
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
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