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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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Iraqi ride-hailing App "raises $10.5m" | Iraq Business News

By John Lee. A ride-hailing app that was launched in Baghdad last month has reportedly closed the largest seed round in the tech history of Iraq. According to Wamda, Baly is backed by Germany's Rocket internet, and raised $10.5 million from Kingsway Capital, MSA Capital, Global Founders Capital, Vostok Ventures, Majid Al Futtaim and March […] ....

John Lee , Munqith Alazzawi , Majid Al Futtaim , Kingsway Capital , Global Founders Capital , Vostok Ventures , Rocket Internet , March Holding , Msa Capital , Ride Hailing , Start Ups , Iraq Industry Amp Trade News , Iraq Transportation News ,