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Egyptian health tech Almouneer raises USD$3.6M to scale its platform for treating diabetes and obesity

Almouneer, an Egyptian health tech company on a mission to revolutionize healthcare for individuals grappling with diabetes and obesity, has secured USD$3.6 million in funding. Dubai-based Global Ventures led the seed round. Other international investors, including Proparco and Digital Africa via the Bridge Fund, Wrightwood Investments — the family office of Diane & Henry Engelhardt from the U.K. and other prominent international funds participated.

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Vaas raises BRL$10M (~USD$2M) to fight financial frauds

November 2, 2023

The Brazilian startup Vaas, dedicated to developing technologies against financial fraud, raised BRL$10 million (~USD$2 million) in a pre-seed round led by ABSeed. The startup, still in a proof-of-concept phase with significant companies, plans to launch its blockchain transaction tracking platform next month. The solution will track transactions through Pix, but the plan is to develop anti-fraud tools for this type of payment, which has been a primary target of scammers.

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BluePeak Private Capital announces final close of USD$156M flagship fund

November 2, 2023

BluePeak Private Capital, an alternative asset manager firm supporting the growth of scalable businesses in Africa through privately-negotiated and structured debt-like instruments, has reached a final close of USD$156 million for its inaugural private capital fund, BluePeak Private Capital Fund SCSp. With a presence in Tunis, Nairobi, and London, BluePeak Private Capital is an alternative asset management firm established in 2019.

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CDP Industry is Growing Again: CDP Institute

July 10, 2025

With CDP vendors increasing their workforces by 3.4% in six months, compared with an average of 0.2% each six months over the prior two years, the sector seems to be growing again, according to our own semi-annual industry update. There is much talk of composable CDPs but they still employ no more than 5% of the sector workforce. What is a clear trend is the acquisition of independent CDPs by vendors interested in adding a CDP to a larger system (usually an activation system).

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