The $500,000 funding was led by A15, a prominent MENA venture capital firm, with the participation of several angel investors.
Founded in 2021, Buguard has emerged as a beacon of cybersecurity expertise in the Egyptian tech ecosystem.
The startup’s unique blend of advanced technologies and proactive security measures aims to counteract the increasing sophistication of cyber threats targeting both businesses and individuals.
Buguard’s approach to cybersecurity incorporates a blend of machine learning, behavior analysis, and real-time monitoring to swiftly identify and neutralize emerging threats.
The startup’s commitment to proactive cybersecurity solutions positions it as a critical player in an era where cyber attacks continue to grow in frequency and complexity.
Buguard intends to invest in the latest funding round to accelerate its expansion plans.
The company intends to intensify its efforts in bolstering digital defences across the Gulf Cooperation Council (GCC) countries.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Renew Capital has announced its investment in Power Financial Wellness, a fintech platform dedicated to enhancing financial management tools for workers across formal and informal sectors.
Japanese VC firm SBI Holdings and Africa’s Novastar Ventures have announced a strategic partnership, with SBI Holdings committing $40 million to anchor Novastar’s future funds.
Cartona, one of the leading B2B e-commerce platforms in Egypt, has successfully raised an additional $8.1 million in a Series A extension round, bringing the total Series A funding to $20.1 million.
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