Deal Street

African Startup Funding Tracker

$1,129,592,550+

*Data updated daily at 18:00 EAT

Egyptian Startup Intella Raises USD 3.4 M Pre-Series A Round
Egyptian Startup Intella Raises USD 3.4 M Pre-Series A Round

Egyptian startup Intella has closed a USD 3.4 M pre-Series A funding round to fuel its expansion into the Saudi market and support the development of end-to-end AI models localized for the MENA region. The round was co-led by Hala Ventures and Wa’ed Ventures, the VC arm of Aramco. Sanabil 500 and INSEAD’s alumni angel network also participated, along with other investors.

Founded in 2021, Intella offers real-time, on-demand market research for its business clients across diverse sectors. The new funding will fuel Intella’s expansion into the Saudi market and support the development of end-to-end AI models localised for the MENA region. The startup has already relocated its headquarters from Cairo to Riyadh.