Tag Archives | 51Labs

Five One Labs issued Annual Report

By John Lee. Iraq-focussed startup incubator Five One Labs has issued its annual report for 2023. The report includes a look back over the past six years from the perspectives of founders Alice Bosley and Patricia Letayf, along with an overview of the organisation's new initiatives in Iraq. Click here to download the report. (Source: […]

Iraq's Start-Ups get Real about Investment

From Five One Invest. Re-published with permission by Iraq Business News. Over the past few years, Five One Invest has worked closely with Iraqi founders and investors. The major complaint from growth-stage startups is that investors in Iraq are risk-averse and do not know "venture investing." On the other hand, investors emphasize that there is […]

Iraqi Businessman (UK National) Killed in Erbil Attack

By John Lee. Another prominent Iraqi entrepreneur and investor is reported to have been killed in the recent attack by Iran's Islamic Revolutionary Guard Corps (IRGC) on targets in Erbil. Syriac Press, which covers, "events related to the Syriac-Aramean-Assyrian-Chaldean people [in the region]", said: "Among those killed was Chaldean-Syriac-Assyrian businessman Karam Mikhail. Mikhail was visiting […]

New Leadership at Five One Labs

New Leadership at Five One Labs Charts Exciting Path Forward in Iraq Five One Labs, a global startup incubator supporting frontier-market entrepreneurs, has recently announced the appointment of new Managing Directors for Iraq and the Kurdistan Region of Iraq. Savo Bakhtiar Rasoul, the new Managing Director for Ecosystem, and Shwan Ali Qaradaghi, the new Managing […]

The Timid but Ambitious Iraqi Start-Up Scene

By Timothy Motte, for The Realistic Optimist. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The timid but ambitious Iraqi startup scene Battered by decades of conflict and pervasive reliance on oil, Iraqi founders are trying to break the status quo. Click here to […]

Is Iraq's Ecosystem Investment-Ready?

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 […]

Iraq's Tech Ecosystem "offers Bright Spot"

By Hassan Jivraj for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's tech ecosystem offers bright spot for private sector Despite numerous regional and country-specific challenges, Iraqi start-ups had a good year. Click here to read the full article.

Video: Insider Perspective on Women Entrepreneurs in Iraq

From Five One Labs. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. As part of its Speaker Series titled "Insider Perspective on Women Entrepreneurs in Iraq", 51 Labs has hosted a webinar with: Khadija Abdul-Nabi from Ya Khadijah Zahra Shah from Iraqi Innovators […]

Start-Ups On The Move, Networking Event in Erbil

SPARK and Startups Without Borders are hosting the Startups On The Move networking events, a series of ecosystem events happening in June, to connect entrepreneurs from diverse backgrounds with key ecosystem players in the Middle East. The events are part of the Startups on the Move incubation programme, launched with support from Google.org, which involves […]

Five One Labs and AUK support Entrepreneurs in Duhok

From 51 Labs: Five One Labs and AUK Collaborate to Provide Entrepreneurs a Community in Duhok In a panel discussion at The American University of Kurdistan in Duhok, Five One Labs and AUK announced a partnership with AUK hosting our organization for a long-term program for students and entrepreneurs in Duhok. This partnership will support […]

Incubator for Creators: Startup Demo Day

From 51 Labs: It is our utmost pleasure to see entrepreneurs thrive! With the generous support of USAID, we concluded the 2022 Incubator for Creators program with a Startup Demo Day event. At the end of the event, three of the participating startups won seed funding prizes totaling $30,000 that would help them push their […]

Video: The State of Investment in Iraq

Five One Invest presented a very informative webinar this week on the state of investments in Iraq. The session hosted Laura Khudairi from Iraq Tech Ventures and Rawaz Rauf from Euphrates Ventures, who discussed the startup landscape, investment opportunities, and investor activity in Iraq.