Cairo-based deeptech startup Intella raises $3.4m for expansion into Saudi market

intella is a deep tech company focused on delivering real-time intelligence to businesses. Here are details of intella’s latest funding round :

🚀 Launch

2021

🏭 Industry

DeepTech

🧠Management

Nour Taher, Omar Mansour, Farida Nassar

💸 Funding & Investors

  • INVESTMENT (October 2023) : $3.4 Million (pre-Series A)
  • INVESTORS: led by Hala Ventures, alongside Wa’ed Ventures, the VC arm of Aramco. Sanabil 500 and INSEAD’s alumni angel network also participate, along with other investors.
  • PREVIOUS FUNDING : $1 Million Seed investment in March 2023 (led by Hala Ventures, with participation from Falak Startups, powered by the Egyptian Ministry of International Cooperation and its venture capital arm, Egypt Ventures. The funding has also attracted broad participation from other investors, such as Beyond Capital and a number of esteemed angel investors.)

🎯 Funding purpose

Expansion in Saudi market.

🌐 Country HQ

Cairo (Egypt)

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