Skip to main content

Iraq's tech ecosystem offers bright spot for private sector

Despite numerous regional and country-specific challenges, Iraqi start-ups had a good year.

SABAH ARAR/AFP via Getty Images
Iraqis sit at "The Station," Baghdad's incubator for would-be entrepreneurs, in the Iraqi capital on Nov. 17, 2018. — SABAH ARAR/AFP via Getty Images

Despite a global slowdown in venture capital deal-making, Iraq’s start-up scene can boast a number of successful deals in 2022.

Most recently, on Dec. 7, Erbil-based delivery start-up Lezzoo acquired the business-to-business marketplace platform Sadyo for an undisclosed amount. The acquisition is part Lezzoo’s expansion plans as it works to digitize Iraq's food supply chain.

Subscribe for unlimited access

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more

$14 monthly or $100 annually ($8.33/month)
OR

Continue reading this article for free

Access 1 free article per month when you sign up. Learn more.

By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in