Egypt · 
Who invested in Balad?
Balad's investors include Acasia Ventures, Launch Africa, Magic Fund, Future Africa and First Circle, and 2 more on record. Acasia Ventures led its latest round.
Egypt · Pre-seed startup
Who invested in Balad
One round we have observed, with the 7 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Funding summaryUpdated 26 Oct 2026
Undisclosedraised across 1 round since 2023, from 1 source
- Latest round
- Pre-seedMay 2023
- Led by
- Acasia Ventures
- Investors
- 7 (1 led)
The rounds
- May 2023Pre-seedUSD seven-figure
Reported by Acasia Ventures
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
This firm lists Balad as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Balad
How much has Balad raised?
Balad has raised 1 round since 2023, none with a disclosed amount.
When did Balad last raise?
Balad's most recent round was a Pre-seed in May 2023, led by Acasia Ventures.
Who backed Balad first?
Balad's first round on record, in May 2023, was backed by Acasia Ventures, Launch Africa and Magic Fund and 4 others.
What stage is Balad at?
Balad's latest named round is a Pre-seed, in May 2023.
Where is Balad based?
Balad is based in Egypt.
Who led Balad's rounds?
Acasia Ventures led the Pre-seed in 2023.
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In the same sector, and raised in the last eighteen months.
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