MenaHunt Weekly Funding Roundup: Trade Tech, Edtech and More!

This week's MenaHunt funding roundup showcases the diverse landscape of innovation across the Middle East. From simplifying international trade for agri-businesses to revolutionizing online education in Egypt, these startups are making waves with their impactful solutions. Let's dive into the highlights!

Maalexi: Securing $1M to Revolutionize Food and Agri-Trade

UAE-based startup Maalexi has landed a $1 million venture debt investment from Stride Ventures. This funding will fuel Maalexi's mission to make cross-border trade smoother and more accessible for small food and agri-businesses. Their innovative platform tackles challenges like complex logistics and lack of trust with digital contracts, AI-powered inspections, and blockchain-authenticated documentation.

This investment is a testament to Maalexi's potential to transform the food and agriculture industry, creating a more efficient and secure global supply chain.

El-Kheta: Empowering Egyptian Students with Personalized Learning

Egypt's education scene is getting a boost with El-Kheta, an online learning platform that secured $400,000 in seed funding from EdVentures, an investment arm of Nahdet Misr Group. El-Kheta empowers students to tailor their curricula, create personalized study plans, and access exercises and exams aligned with the new Egyptian curriculum.

This funding will enable El-Kheta to expand its reach and provide more Egyptian students with access to a dynamic and engaging learning experience.

Stay tuned for more exciting funding news from the Mena region! We'll be back next week with another roundup of the most impactful startups making their mark.