Nakhla, an Iraqi-based agri-tech social enterprise, has received a six-figure investment from Euphrates Ventures, an Iraq-focused venture fund. The investment was facilitated by the Iraqi Angel Investors Network (IAIN) and marks the first investment round completed by an Iraqi agri-tech startup. Nakhla is the Arabic name for date palm tree and has long been associated
Five One Invest has announced its upcoming webinar - The State of Investments in Iraq. The session will host Laura Khudairi from Iraq Tech Ventures and Geoffrey Batt from Euphrates Ventures. It will tackle the startup landscape, investment opportunities, and investor activity in Iraq. Wednesday, January 26th, 2022 at 4 pm (Iraqi time) Click here to register
Iraq s Miswag raises $1 6 million pre-Series A wamda.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wamda.com Daily Mail and Mail on Sunday newspapers.
Alsaree3, Zajel raise bridge round
Iraq-based food delivery app Alsaree3, and its sister company on-demand last-mile delivery platform Al Zajel, have raised a seven-figure bridge round.
The round was led by Iraq Tech Ventures and Innovest ME with participation from Euphrates Advisors, Rabee Securities chairman Shwan Ibrahim Taha, Rawaz Rauf of Hiwa Rauf Group, Innovest ME CEO Bassam Falah as well as Mohammed Khudairi and Subhi Khudairi of the Khudairi Group.
Alsaree3 offers point of sale (POS) and hardware technologies to help restaurants handle their own orders while providing delivery services for end users, while Al Zajel offers on-demand delivery services.