Egypt’s GrowthLabs acquired startup platform Startup Gate in a deal valued at nearly EGP 35 million ($656,000) to strengthen digital infrastructure for startups across the MENA region. The merger combines GrowthLabs’ accelerator management technology with Startup Gate’s founder-investor network to improve startup discovery, data visibility, and funding readiness. Startup Gate founder Emmy Tawfik will become COO, while the company plans expansion into five additional regional markets by the end of 2026.
GrowthLabs Expands MENA Tech Hub
Egypt’s GrowthLabs acquired startup platform Startup Gate in a deal valued at nearly EGP 35 million ($656,000) to strengthen digital infrastructure for startups across the MENA region. The merger combines GrowthLabs’ accelerator management technology with Startup Gate’s founder-investor network to improve startup discovery, data visibility, and funding readiness. Startup Gate founder Emmy Tawfik will become COO, while the company plans expansion into five additional regional markets by the end of 2026.
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