Padash, an Iraq-based instant food and grocery delivery startup, has raised $125,000 in pre-seed funding from an undisclosed angel investor. The investment will be used to help Padash expand its operations within Erbil city in the Kurdistan Region of Iraq, and further develop its mobile application to provide instant delivery services to the majority of […]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
Midient, an Iraqi startup co-founded by Ahmed Jamal, Mohammed Shahoyi, and Omer Sabah, has received a pre-seed round investment from regional accelerator Flat6Labs in the amount of $115,000 for its product Kurdivia. Kurdivia is a loyalty program that offers a creative approach to digital loyalty solutions which has been gaining traction with investors. Kurdivia has […]Read More اقرأ المزيد
Investing in startups can be a risky but potentially rewarding endeavour, and this is especially true in emerging markets such as Iraq. Despite the challenges and uncertainties that come with investing in a volatile region, there are also many opportunities for those willing to take on the risk. Here are some key considerations for those […]Read More اقرأ المزيد
Iraq-based e-commerce startup, Orisdi, raised a $220,000 bridge round in January 2023 to reinforce the continuous growth of the business and the growing potential of e-commerce in Iraq. The round included the participation of new investors like 3B Starlight Investment, Ahmed Gorani, Naveed Pasha, Hassan Al Shawaf, Ali Jawad, Zaid Al Khatib, and more, alongside […]Read More اقرأ المزيد