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Sunday, 6 May 2018

The two startups representing Egypt at 500 Startups’s Seed Accelerator

The two startups representing Egypt at 500 Startups’s Seed Accelerator: Dating app Harmonica and mental health platform Shezlong are representing Egypt at 500 startups latest Speed Accelerator, Ventureburn reports. The four-month accelerator, which provides selected startups with an equity investment of USD 150k in exchange for a 6% stake, will conclude with a demo day on 28 June. With over 52,000 downloads and 30,000 matches, Harmonica uses an algorithm to match users with partners based on science. Meanwhile, Shezlong claims to be the first online psychotherapy platform in the Middle East and North Africa region. It connects users with with licensed therapists via video and text on both mobile and web platforms.

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