Four Egyptian startups have been named among the 14 taking part in the third edition of 500 Startups’ Series A programme MENA Dojo, securing US$150,000 in funding and access to mentorship and training.
It is aimed at startups with significant traction that are on pace to raise a Series A round within six to nine months, giving them access to four weeks of intense growth sessions run by global mentors, one-on-one sessions with 500 Startups’ team of experts, and US$150,000 in funding from its 500 Falcons fund, which recently announced its oversubscribed final closing at US$33 million.
The four Egyptian startups selected to take part include mobility startup Buseet, a premium mass transportation platform that secured funding last year, and Garment IO, a plug-and-play garment manufacturing management solution that combines software and hardware.
Also participating are travel startup Tripdizer, which enables users to plan and book personalised travel itineraries, and fintech startup Vapulus, a global payment gateway that enables businesses to accept payments and also provides them with customer acquisition and loyalty tools.
The month-long programme kicked off on March 31 and culminates with an Investor Day pitch event on May 1 in Kuwait.