The Kurdistan Regional Government has made progress digitizing government services, but investors say more is needed to attract serious capital and spur startup growth.
Baghdad-Based Alsaree3 and Al Zajil Express Raise Seven-Figure Round cairoscene.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cairoscene.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.