Wednesday, June 7, 2023
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

ArabyAds, an Egyptian adTech startup, has raised $30 million in pre-Series B funding

Tech Gist Africa by Tech Gist Africa
08/31/2022
in Funding, Middle East and Africa, News - Middle East And North Africa, Startups
0 0
0
ArabyAds Egypt

ArabyAds Egypt

0
SHARES
Share on FacebookShare on Twitter

ArabyAds, an advertising technology startup based in the MENA region, recently made the announcement that it had secured a Pre-Series B funding round of $30 Million USD from AfricInvest. 

ArabyAds, an Egyptian company founded in 2013, assists advertisers in customer acquisition, retention, and monetization by utilizing its technology platforms for influencer marketing (iConnect), coupon-based advertising (Boostiny), retail media (Ritelo), live commerce (Dmenta), and on-device contextual advertising. ArabyAds has offices in the UAE and tech hubs throughout Egypt, Tunisia, and Jordan (Deviceboost). 

“We are happy to welcome AfricInvest as one of our long-term investors and thank them for placing their trust in our mission to produce value for all stakeholders in the ecosystem,” said Mahmoud Fathy, Chief Executive Officer and Co-Founder of ArabyAds. He continued, “ArabyAds has been setting the standard for performance advertising delivery with its platform services and is devoted to revolutionizing the digital advertising environment with innovation. Our foundation is solid, and as one of the MENA region’s fastest-growing and most profitable businesses, ArabyAds is currently looking to expand its presence in newer markets where it can use its scalable, secure, and end-to-end platforms to assist e-commerce companies in scaling easily around the world. 

“We are thrilled to work with ArabyAds at a time when the technology firm is striving to further disrupt the AdTech market through its transformational technology platforms,” said Skander Oueslati, Chief Investment Officer of AfricInvest. In the MENA region, ArabyAds has built a strong brand and a solid reputation. It is well known for its dependability and proficiency in digital marketing and advertising. 

ArabyAds will use the additional funding to increase its reach and make more investments to promote its technological development and hire more personnel to assist growth.

 

Read more on Tech Gist Africa:

Convertedin, an Egyptian marketing tech startup, has raised $3 million

OneOrder, an Egyptian restaurant tech startup, has secured a $6.5 million funding

Homzmart, an Egyptian online furniture marketplace, has raised $23 million in pre-series funding

ShareTweetShare

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

PrestaFreedom Morocco
Funding

PrestaFreedom, a startup offering home services in Morocco, has secured US$1.1 million in funding

by Tech Gist Africa
06/05/2023
0

PrestaFreedom, a Moroccan startup that specializes in household subscriptions and other services for individuals, received $1 million in funding. Azur Innovation...

Read more
Meta has unveiled its Quest 3 virtual reality (VR) and mixed reality (MR) headset

Zofi Cash, a fintech startup in Uganda, has received pre-seed funding of $1 million

06/05/2023
Dawi Clinics Egypt

Dawi Clinics in Egypt raises $6.5 million to fund its expansion

06/01/2023
Egypt Entrepreneur Awards 2023

The third annual Egypt Entrepreneur Awards selected 35 finalists

06/01/2023
Tauriq-Keraan-CEO-TymeBank Tech Gist AFrica

Tyme, a South African digital bank raises $77.8 million

06/01/2023
Next Post
ecobank fintech challenge 2022

Ecobank Group has announced the launch of its Fintech Challenge for 2022, with a prize money of US$50,000

Grey Fintech Idorenyin Obong

Grey, an African Fintech startup, raises $2 million in a seed funding round

Anchor Nigeria

Anchor, a banking as a service startup in Nigeria, secures a $1 million pre-seed funding round

No Result
View All Result

The Big 5

African Banker Awards 2023

The winners of the African Banker Awards for 2023 have been announced

by Tech Gist Africa
06/01/2023
0

...

Egypt Entrepreneur Awards 2023

The third annual Egypt Entrepreneur Awards selected 35 finalists

by Tech Gist Africa
06/01/2023
0

...

ygap South Africa’s accelerator 2023

The ygap South African Accelerator program is now accepting applications

by Tech Gist Africa
06/01/2023
0

...

Regulatory Tech Africa

Analyzing the regulatory climate in several African countries from the perspective of the technology sector

by Tech Gist Africa
05/22/2023
0

...

Africa Food Prize

The $100,000 Africa Food Prize is now accepting applications

by Tech Gist Africa
05/18/2023
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.