By John Lee. A ride-hailing app that was launched in Baghdad last month has reportedly closed the largest seed round in the tech history of Iraq. According to Wamda, Baly is backed by Germany's Rocket internet, and raised $10.5 million from Kingsway Capital, MSA Capital, Global Founders Capital, Vostok Ventures, Majid Al Futtaim and March […]
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.
An Iraqi team called "Spirit and Opportunity" is reportedly in the final of Huawei's Tech4Good Global competition. The entry uses unmanned aerial vehicles (UAVs, or drones) to monitor air pollution. A video of the presentation can be viewed below: (Sources: ITP, YouTube)
Five One Invest has announced its upcoming webinar - The State of Investments in Iraq. The session will host Laura Khudairi from Iraq Tech Ventures and Geoffrey Batt from Euphrates Ventures. It will tackle the startup landscape, investment opportunities, and investor activity in Iraq. Wednesday, January 26th, 2022 at 4 pm (Iraqi time) Click here to register
By John Lee. TipTop has announced a new investment of $5 million to expand its online food and grocery delivery service in Iraq. CEO and Founder Hassan Alsoud told readers on LinkedIn that the funding will be provided by Kurdistan-based mobile operator Korek. (Source: LinkedIn)
Big Future for Small Businesses: Exhibition by MOLSA and UNDP Welcomes Over 35 Entrepreneurs Over 35 small businesses from across Iraq have gathered at an exhibition in Baghdad. The event was a part of the joint efforts by the Federal Ministry of Labour and Social Affairs (MOLSA) and the United Nations Development Programme (UNDP) to […]
From Five One Labs. Re-published with permission by Iraq Business News. A Panel Discussion with Ammar Ameen and Marwan Jabbar from Miswag On October 27th, 2021, Five One Invest hosted a Speaker Series session with Ammar Ameen (Founder and CEO) and Marwan Jabbar (VP of Commercial Development and People) from Miswag. Read on to learn […]
Twenty innovative business ideas driven by young people from Kirkuk and Mosul have received a grant of US$ 5,000 each. This will help kick-start their business ideas and boost the local start-up system. The startups include unique solutions to smart home systems, women's health and wellbeing, taxi services for women and environmentally friendly architecture. It is a part of the 'Youth Innovation and Creativity Award' project implemented by the Kurdistan Organization for Human Rights Watch (KOHRW) and the United […]
Plans for a new Iraq venture fund have been announced by some of the Iraq ecosystem's pioneers, Omar Al-Handal (The Station), Bassam Falah (Innovest ME, Ruwwad Al Iraq), and Mohammed Khudairi (Iraq Tech Ventures), who will serve as the fund's General Partners. The partnership is called Iraq Venture Partners (IVP), and it plans to invest […]
By John Lee. TipTop, the online food delivery service in Iraq, has announced its new service -- TipTop Jet -- a direct delivery ordering system for restaurants. The company says the use of this technology will help restaurants manage their orders, track them from the kitchen to the customer's front door, eliminate the cost of […]
By Sarah Dhafir, for The Station. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. For three years now, The Station has been working in the field of training, providing multiple specialties for Iraqi youth and Startups. After 3 years of building up, The Station […]
From the International Labour Organization (ILO). Re-published with permission by Iraq Business News. Young female entrepreneur strives to transform the medical sector in the Kurdistan Region of Iraq Twenty-five-year-old Nasreen Hassan has been working for years on a business idea that will help hospitals and medical centres in the Kurdistan Region of Iraq improve and […]
