Smart meter startup Amjaad Technology raises fund for its pre-Series A round

EGYPT – Amjaad Technology, a smart metre and internet of things (IoT) startup, has raised a six-figure funding round from Bahrain-based Dhaman company as part of an ongoing pre-Series A round. Founded in September by Hussein Darwish, Amjaad uses metering technology to help service providers of electricity at various utilities manage their energy consumption. “The market today is rapidly accelerating…

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