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New Initiative to Help Iraqi Entrepreneurs | Iraq Business News

By John Lee. The International Finance Corporation (IFC), Iraq Venture Partners (IVP), and Innovest Middle East have created a new initiative that aims to address the challenges faced by entrepreneurs in Iraq. A statement from IFC said the new program, "Scale Iraq (#ScaleIraq)", will support 20 startups, addressing their specific needs and gaps, esigning and ....

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Is Iraq's Ecosystem Investment-Ready? | Iraq Business News

From Five One Invest. Re-published with permission by Iraq Business News. ECOSYSTEM OVERVIEW The Iraqi startup ecosystem started with a bang this year. In Q1 of 2022, we witnessed an unprecedented $10.5M investment round (Baly) and $5M (TipTop). The excitement revolved not only around investment value but also around the investor profile. Specifically, Baly's round ....

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Alsaree3 Group in Iraq Receives Additional Funding

Alsaree3 Group, consisting of Alsaree3 (food-delivery) and Al Zajel Express (last-mile delivery services), closed a 7-figure bridge round in December 2022, bringing its total amount of funding raised to over $6.5 million USD. Founder and CEO of Alsaree3 Group, Bassam Al-Ateia, commented: "This funding will enable us to increase our market share and grow our ....

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Four Ideas to Improve the Business Climate in Iraq

Two business people with considerable experience in Iraq have shared their thoughts on how the Iraqi government could help to improve the climate for business in the country. Responding to a question from Iraq Business News (IBN) at the Iraq Britain Business Council (IBBC)'s Tech Forum in Dubai earlier today, Laura Khudairi, of Iraq Venture ....

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Baghdad-based Orderii Receives Pre-Seed Funding

Orderii, a cross-border e-commerce platform closed a 6-figure pre-seed round in October 2022. The platform provides logistics services for sought-after goods only available on foreign sites. Founder and CEO of Orderii, Shakir Ayad Al Jammas, commented: "We have been serving the Iraqi customer for several years now, enabling them to purchase products from brands that ....

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