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Investment in Mena start-up Homzmart rises to $40m after latest round

The company will use the new funding to expand services, especially logistics, and fill gaps that appear in supply chains

Al qahirahSaudi arabiaAr riyaAfrica menaMahmoud ibrahimMiddle easternNorth africaOutliers venture capitalBrise capitalNuwa capitalMockup studio

Investment in MENA e-commerce start-up Homzmart rises to $40 mln after latest round

Furniture and home goods e-commerce platform Homzmart has closed one of the past year’s biggest funding rounds for a Middle Eastern and North Africa

Saudi arabiaAr riyaMahmoud ibrahimMiddle easternNorth africaOutliers venture capitalBrise capitalNuwa capitalMockup studio

👨🏿‍🚀TechCabal Daily – Increased SMS cost

Nigeria to increase cost of call and sms cost with new 5% excise duty, VC fund Oui Capital launches $30 million fund for Africa startups, Egypt-based Homzmart raises $23 million, TikTok’s parent company is building a music streaming app.

United kingdomSaudi arabiaGbenga adebayoOlu oyinsanIsa pantamiAdeolu ogubanjoAccelerator programmeNational association of telecoms subscribersOui capital mentors fundHouse communications committeeAssociation of licensed telecom operators nigeriaTrademark officeGrowup incubator programmeNigerian communications commissionLicensed telecom operatorsNational association

Homzmart raises $23 million pre-Series B round

Egypt-based furniture and home supplies marketplace Homzmart, has raised a $23 million pre-Series B round from STV, Impact46, Outliers.

Saudi arabiaAr riyaIbrahim mohamedMahmoud ibrahimOutliers venturesBrise capitalMiddle easternNorth africaMockup studio

Leading Egyptian Furniture and Home Goods Marketplace Platform Beefs Offering with German Tech

Egyptian startup Homzmart has announced the acquisition of Berlin-based technology company MockUp Studio as it bids to add to its product offering.

Saudi arabiaIbrahim mohamedMahmoud ibrahimHome centreMockup studio

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