Egyptian logistics startup Turuq Innovations has secured seed investment from venture capital firm Den VC to expand its technology infrastructure and fulfilment operations, as it looks to help e-commerce businesses manage deliveries without building their own logistics networks. Founded in February 2023 by Ahmed Atta and Karim Kamal, Turuq provides an integrated logistics platform that brings warehousing, inventory management, order processing, packaging and last-mile delivery under one system. The company serves online merchants across Egypt, helping them manage the operational side of selling and delivering products. The financial terms of the investment have not been disclosed. According to reporting by EnterpriseAM, the round represents Turuq’s first external investment, with the company planning to use the capital to strengthen its internal systems, expand its team and prepare its operations for higher order volumes. Turuq’s approach addresses a challenge facing many e-commerce businesses: managing fulfillment and delivery can become increasingly complicated as order volumes grow. Merchants may need to coordinate storage, inventory, packaging, courier services and customer updates across different providers. Turuq…

A home improvement project should not take weeks of unanswered calls, failed promises and unexpected costs. Yet for many homeowners, finding someone reliable to fix a door, repair a leak or renovate a room can become a frustrating experience. Yunus Kazan, founder of Helperow, knows this problem firsthand. What began as a small project in his own home eventually led him to build a technology platform designed to change how people find, hire and work with home service professionals. The idea emerged when Kazan and his wife wanted to add a door to their hallway to create a private guest area. They tried several apps, spent a week calling contractors and eventually hired a carpenter through a Home Depot service provider. The carpenter collected half the payment upfront, began the work and never returned. After more failed attempts to find someone reliable, they finally completed the project through a personal referral. What should have taken a few days stretched to 20 days and cost nearly twice the original budget. For…

Most businesses have plenty of data. They can track sales, monitor operations and review reports to understand what went right or wrong. The harder question is whether that information can help them see a problem coming and do something about it before it affects the business. Ahmad Hijazi, co-founder of Lensiq, believes this is where the next major shift in business technology will happen. Lensiq is developing a predictive intelligence platform that combines historical data with real-time information to help companies anticipate outcomes and make better decisions. Its first area of focus is logistics, where delivery delays, route disruptions and changing operating conditions can quickly increase costs. The company is still at an early stage, with active pilots and plans to turn its technology into a commercial product, but its ambition is much larger than building another analytics tool. Hijazi’s interest in this problem comes from years of experience across different businesses, including e-commerce, advertising, technology and finance. Along the way, he has seen promising ventures struggle, lost control of…

Saudi Arabia-based proptech startup Ghanem has raised an additional $1.5 million in a pre-seed extension, bringing its total funding for the round to $8.6 million. The extension attracted real estate companies and strategic angel investors, adding to the company’s earlier $7.1 million financing, which included participation from Al-Romaih Group. Waad VC has also invested in the company. Founded in 2025 by Saleh Waheed Al-Ghamdi and Amr Essam, Ghanem operates a digital platform that enables individuals and institutions to invest in income-generating real estate through fractional ownership. Investments start at SAR 1,000, depending on the opportunity, allowing participants to own a share of a property without purchasing the entire asset. The latest funding comes as Ghanem develops its platform, expands its investment opportunities and builds partnerships to support its growth in Saudi Arabia’s real estate market. Building a Digital Route to Property Ownership Ghanem aims to make real estate investment more accessible by allowing investors to acquire fractional ownership stakes in income-generating properties through its app. The model gives participants exposure…

Egyptian enterprise AI startup Tactful AI has brought former e& Group CEO Hatem Dowidar onto its investor roster through an investment in the extension of its pre-Series A round, as the company prepares to introduce its next generation of agentic AI technology. The investment amount has not been disclosed. It follows Tactful AI’s initial pre-Series A round, announced in February 2026 and co-led by Foras AI and M Empire. The company is now preparing for a planned Series A funding round in 2027. Founded in 2016 by Mohamed Elmasry and Mohamed Hassan, Tactful AI develops technology that helps enterprises manage customer interactions, automate service workflows and analyse conversations across multiple channels. Moving Beyond AI-Powered Customer Support Many businesses have introduced AI tools to answer customer questions and handle routine requests. Tactful AI is targeting a broader opportunity by developing systems that can manage and adapt the workflows behind customer experience operations. Its platform combines customer engagement, workflow orchestration, automation, analytics and governance within a unified infrastructure. The objective is to…

Egyptian real estate startup Aqar Exit has secured $200,000 in investment from businessman Ayman Mamdouh Abbas, executive chairman of Intro Holding Group, as it looks to address a challenge facing property buyers in Egypt: what happens when they can no longer afford their instalments. Founded in July 2026 by Mahmoud Ammar, Aqar Exit operates a platform that connects property buyers seeking to exit their purchase contracts with new buyers interested in acquiring the same units. The investment of EGP 10 million gives Abbas a 10% stake in the company, valuing Aqar Exit at approximately $2 million on a post-money basis, according to figures disclosed by Ammar. The funding will support new product development and international expansion, with the Gulf region among the company’s primary targets. A Different Route Out of Property Instalments Egypt’s property market relies heavily on instalment-based payment plans, allowing buyers to purchase units while spreading payments over several years. However, changing financial circumstances can leave some buyers struggling to meet their commitments, even after paying a substantial…

Palestinian entrepreneur Issa Nassar is building an analytics platform designed to help businesses understand not just what is happening on their websites, but why. His startup, Databuddy Analytics, has raised more than $560,000 in funding, including a $500,000 investment from Y Combinator, as it develops AI tools that investigate product performance and identify problems businesses might otherwise miss. Founded in 2026, Databuddy has also secured backing from Maza Ventures and investors participating through the a16z Scout programme. The funding will support product development, additional integrations, targeted hiring and improvements to customer onboarding as the company expands its reach. Moving Beyond Traditional Analytics Businesses rely on analytics to understand customer behaviour, monitor conversions and identify problems across their digital products. However, turning dashboards and reports into clear explanations often requires teams to investigate multiple metrics and search for the underlying cause themselves. Databuddy is approaching the problem differently. Its AI-powered platform investigates changes in product performance, including declining conversion rates, customer friction and other issues, then presents its findings to the…

The founder of Talosec wants to turn cybersecurity expertise into a lasting African capability, combining technical security services, threat intelligence and professional training to help organizations defend themselves in an increasingly digital world. When a business discovers a security vulnerability, the immediate question is often how to fix it. But for Abdiwahab Ahmed, the founder and CEO of Talosec, the more important question is what happens when that vulnerability becomes part of a much larger failure. A weakness in an application might expose sensitive information. A compromised password could give an attacker access to an entire network. An overlooked cloud configuration could leave critical systems vulnerable long after an organization believes its security measures are sufficient. Ahmed’s experience in ethical hacking, penetration testing, bug bounty hunting and vulnerability research taught him to look beyond individual technical flaws and examine the business risks they create. That perspective eventually led him to entrepreneurship. Rather than concentrating solely on discovering vulnerabilities, he wanted to build an organization capable of helping businesses identify threats,…