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Egyptian AI Startup Intella Secures $12.5 Million in Series A to Lead Arabic Speech AI Innovation
Intella secured $12.5 million in an oversubscribed Series A funding round. The startup achieved a 95.73% transcription accuracy across more than 25 Arabic dialects.
Egypt’s Intella raises $12.5M to advance arabic AI
Intella raised $12.5 million in an oversubscribed Series A funding round. The funding round was led by Prosus Ventures with participation from 500 Global, Wa’ed Ventures, and HearstLab.
Major Venture Capital Firm Partners with UN to Launch Triple-Track Startup Program in Kenya
500 Global and UNDP have launched a comprehensive entrepreneurship initiative in Nairobi. The initiative features a Pre-Acceleration Academy for early-stage founders running from October 6-12.
10 Top Investors in Startups in Egypt
Flat6Labs has invested over $85M, supporting 2,000+ entrepreneurs with funding up to $500K. A15 focuses on early-stage tech startups, with significant investments in TPAY and Paymob.
Egyptian Fintech Startup MNZL Secures $3.5 Million in Seed Funding
MNZL, an Egyptian fintech startup, has secured $3.5 million in seed capital. The seed round was led by P1 Ventures, Localglobe, and Ingressive Capital.
