Egypt-based proptech Seqoon, has secured $500,000 in a pre-Seed round through Banque Misr’s pilot programme to support startups in Egypt, with participation from other angel investors.
Founded early this year by Omar Eldessouky and Mohamed Elkhatieb, Seqoon allows users to co-own shares of a vacation home. The company plans to use the money to hire people after launching its first co-ownership destination in El Gouna.
Seqoon intends to expand into other Red Sea destinations, such as Dahab, as well as the Mediterranean North Coast by next year.
Omnisient
Cape Town-based startup Omnisient that enables data collaboration for consumer intelligence has raised an undisclosed amount led by Buffet Investments and KLT with participation…