Endure Capital welcomes Mohamed Noweir as a Partner
Noweir joins Endure Capital coming from Careem, with his latest role leading marketing & growth for Careem’s Super App. Originally a software engineer, Noweir brings a unique rich mix of strategy and operations knowledge across multiple industries such as food delivery, ride hailing, marketplaces, and retail accumulated through his journey in multiple start-ups, IBM, and Mckinsey & Company.
Boom Supersonic is counted among TIME’s Best Inventions of 2021
Now, supersonic travel may be back, thanks to the XB-1 supersonic demonstrator, a 71-ft.-long, faster-than-sound jet developed by Denver-based Boom Supersonic. The jet, which tackles the Concorde’s problems with cleaner-burning fuel and noise-mitigation technology, can achieve speeds of Mach 1.7—allowing it to cover the distance from New York to London in 3.5 hours instead of six.
Generation Start-up: How Egypt’s Brimore generates income for unknown brands and sellers
The start-up began with five employees and has since grown to around 700. It now has a network of 75,000 active sellers and 300 suppliers, offering more than 8,000 products in categories that include household goods, personal care, fashion, electronics, furniture and food and beverages.
Abwaab raises $20M Series A led by BECO Capital to expand across MENA and Pakistan
Jordan-based online learning platform Abwaab has raised $20 million in a Series A funding round (following a $5 million seed round in March of this year), making it one of the most funded edtech startups in the Middle East, North Africa and Pakistan (MENAP), a region that encompasses 160 million students.
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