Tag Archives | Innovest

Alsaree3 Closes Second Round of Investment

Alsaree3, Iraq's Popular Food Delivery App, and Al Zajel, E-logistics Company, Close Second Round of Investment Alsaree3 Group, consisting of Alsaree3 (food-delivery) and Al Zajel Express (last-mile delivery services), closed a 7-figure bridge round in late March 2021. Coordinated by Iraq Tech Ventures and Innovest ME, the round included prominent Iraqi investors such as Euphrates […]

Iraqi e-Commerce Store gets New Funding

Orisdi, a leading e-commerce store in Iraq, has successfully raised a six-figure bridge round. Iraqi Innovators reports that the round was led by Innovest Middle East VC and a group of angel investors including Amar Shubar, Partner at Management Partners Consulting, and Omar Al-Handal, Managing director of Al Handal International Group. Orsidi was founded in […]

Alsaree3 and Al Zajel Close Seed Round

Alsaree3, Baghdad's most popular food delivery app, recently closed its 6-figure seed round. This round also included investment in its sister company, Al Zajel, which provides last-mile deliveries and e-logistics services in Baghdad. Alsaree3 has been operational since 2018 and quickly became the market leader due to its high-quality customer service, fast deliveries, and extensive […]

Boosting Iraq's Tech Start-Ups

IBBC Tech Forum hosts investor panel on ' What Iraq can do to boost its Tech Start up Economy' The Iraq Britain Business Council (IBBC) has held a well-attended panel discussion on Iraq tech start up economy, with leading investors and practitioners, including : Mohammed Khudairi, partner of Khudairi Group and Co-Founder of Iraq tech […]

IBBC Promotes Young Iraqi Entrepreneurs

The Iraq Britain Business Council (IBBC) is partnering with Innovest as a Bronze-level eco-system partner for the Ruwwad Al Iraq Platform for young Iraqi Entrepreneurs in 2020. Ruwwad Al Iraq ["Iraqpreneurs"] is a leading empowerment competition platform by INNOVEST Middle East that embraces young entrepreneurs around Iraq and helps them to start or scale up […]