Biola Alabi wants angel investors to be patient for returns
Biola Alabi began her investment journey by backing Big Cabal Media as an angel investor. She transitioned from angel investing to venture capital, currently working with Delta 40.
Egypt’s Fintech SETTLE Secures USD 2 M in Pre-Seed Funding
SETTLE raised USD 2 million in pre-seed funding. Funding round led by Shorooq Partners.
Egypt's SETTLE raises $2 million in pre-seed funding to enhance B2B payment automation
SETTLE secured $2 million in pre-seed funding. Funding led by Shorooq Partners with participation from El Sewedy Capital Holding, Acasia Ventures, and Plus VC.
Egypt’s Acasia Group Is Acquired by Sultan Ventures
Sultan Ventures acquires Acasia Group. Acasia Group was originally established in 2011 as Cairo Angels.
US-based Sultan Ventures expands reach into MENA with acquisition of Egypt's Acasia Group
Sultan Ventures acquires Acasia Group, expanding into MENA. Acasia Group rebranded from Cairo Angels in December 2022.
