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African Startup Funding Tracker

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Egyptian Mobility Startup BlinkApp Raises Six-figure pre-Seed Round
Egyptian Mobility Startup BlinkApp Raises Six-figure pre-Seed Round

Cairo-based mobility risk assistance startup, BlinkApp has raised a six-figure pre-Seed round, led by investors located in UAE and KSA. BlinkApp has already raised USD 210 K equity-free grants from ITIDA through the ITAC program to develop research incorporation with Egypt Japan University for science and technology (EJUST). 

BlinkApp is a phone app that aims to achieve better general driving behavior, faster roadside assistance, and safer roads for both drivers and passengers. The app captures and analyses thousands of miles of data, using smartphone sensors and AI technology, to monitor drivers’ behavior, detect collisions, and generate insightful reports to guide and assist customers.