Deal Street

African Startup Funding Tracker

$1,307,196,464+

*Data updated daily at 18:00 EAT

Egypt’s The Potcast Productions Secures Follow-Up Investment
Egypt’s The Potcast Productions Secures Follow-Up Investment

Egypt-based podcast production company The Potcast Productions Company (TPP) has closed a pre-seed funding round with strategic investments from Innovative Media Productions (IMP), the media powerhouse behind Egypt’s Shark Tank Show, and investor Ahmed Tarek Khalil. This new influx of capital follows the initial funding round announced last April  through the Shark Tank program.

Founded in 2020 by Islam Adel, Potcast creates 15 diverse program tailored to various target demographics. The company strives to help content creators reach a larger audience, allowing them to achieve greater and more efficient profits, particularly during this period of abundant opportunities for growth in the podcast industry. The funds will be deployed to enhance TPP’s content production capabilities, scale its marketing efforts, and accelerate the development of new, high-quality podcast series.