MENA

General Atlantic-backed Riskified raised more than USD 367 million in an IPO on the NYSE less than a decade since its founding in Tel Aviv.

Wiliot’s vision is to expand the internet of things to include everyday products, such as plastic crates, pharmaceuticals, packaging, clothes, and other products.

The Cairo-born startup has raised over USD 100 million to date and aims to grow its annual gross revenue to USD 1 billion by 2025.

The Israeli startup counts government agencies, social media companies, video game companies, and streaming sites as clients.

The startup works with different suppliers, giving users the option to order groceries, medicines, and other products.

Founded in 2015, Fabric develops micro-fulfillment centers as a logistics solution to combat the challenge of slow and expensive manual fulfillment centers.

In addition to launching its fintech offerings, Dastgyr plans to use the investment to enhance its technology and scale operations.

Connexity is one of the world’s largest e-commerce media platforms, with over 1,600 direct merchants and 6,000 publishers.