Funding roundVenture
ILLA Venture
ILLA raised $2M in a Venture led by Watheeq Financial Services and Golden Palm Investments, with Cubit Ventures, AUC Angels, Oqal Angel Network and 3 more participating. It was announced on 18 October 2021.
- Amount raised
- $2M
- USD
- Announced
- 5 years ago
- Investors
- 8
- 2 lead · 6 participating
Investors in ILLA's Venture8
Leads
- Watheeq Financial ServicesLeadProfile of Watheeq Financial Services →
Venture Capital
- Golden Palm InvestmentsLeadProfile of Golden Palm Investments →
Venture Capital
Participating
- Cubit VenturesParticipatingProfile of Cubit Ventures →
Venture Capital
- AUC AngelsParticipatingProfile of AUC Angels →
Angel Investor
- Oqal Angel NetworkParticipatingProfile of Oqal Angel Network →
Angel Investor
- LoftyInc Capital ManagementParticipatingProfile of LoftyInc Capital Management →
Venture Capital
- Kepple Africa VenturesParticipatingProfile of Kepple Africa Ventures →
Venture Capital
- Flat6Labs CairoParticipatingProfile of Flat6Labs Cairo →
Impact Investor
About this round
Amount USD 2,000,000 reported as $2M by Condia (2021-10-19), TechCrunch (2021-10-19), Disrupt Africa, WAYA and Business Africa Online; TechMoran (2021-10-18) and Wamda (2021-10-18) say seven-figure. Date announced 2021-10-18 per TechMoran and Wamda; Condia and TechCrunch published 2021-10-19. Co-led by Watheeq Financial Services and Golden Palm Investments (both is_lead true in catalog).
Sources for this round3
- techmoran.comhttps://techmoran.com/2021/10/18/egyptian-fmcg-logistics-startup-illa-raises-seven-figure-investment-for-expansion/
- thecondia.comILLA obtains $2m investment round to expand and diversify its offering (Condia, 2021-10-19)
- techcrunch.comEgypt's ILLA raises $2M to diversify its offerings to FMCG value chain (TechCrunch, 2021-10-19)
Frequently asked about ILLA's Venture
- How much did ILLA raise in its Venture?
- $2M, announced on 18 October 2021.
- Who led ILLA's Venture?
- Watheeq Financial Services and Golden Palm Investments led the round.
- Who invested in ILLA's Venture?
- 8 investors are named for this round: Watheeq Financial Services (lead), Golden Palm Investments (lead), Cubit Ventures, AUC Angels, Oqal Angel Network, LoftyInc Capital Management, Kepple Africa Ventures and Flat6Labs Cairo.
