Egypt ranked #1 in 2019 and is a major country in the MENA area for startup investment transactions. Cairo’s startup scene is filling in holes in the market, resolving neighbourhood issues, and encouraging entrepreneurial spirit. Venture capital firms with the potential for long-term development are given investment through venture capital, a type of private equity. This growing market is nonetheless replete with innovation and passion despite obstacles. Prominent Egyptian venture capital firms include investment banks, financial institutions, and wealthy investors. The top venture capital firms in Egypt are listed below:
Investia
Investia Capital Group is one of the top venture capital firms in Egypt with an impressive track record. One of Investia Capital Group’s main advantages is its distinctive venture capital strategy. By connecting entrepreneurs with knowledgeable co-investors and offering equity co-investment choices, it provides them with access to the capital required for expansion.
Along with its primary focus on venture creation, Investia Capital Group actively seeks intriguing opportunities and offers its partners practical mentoring. Their focus on growth path optimisation demonstrates their dedication to helping companies reach their full potential. In Egypt’s flourishing startup scene, Investia Venture Capital has made a name for itself as a dependable partner for businesses looking for funding and guidance because of its extensive network and depth of experience.
Portfolio: Foodera
Key Sectors: Sector Agnostic
Website: https://investia.ca/
Egypt Ventures
A key player in fostering the nation’s entrepreneurial climate is the investment company and venture capital firm Egypt Ventures. In addition to providing funding, the venture business actively works to raise foreign investments, close the gender pay gap, and implement environmental, social, and governance (ESG) regulations that raise living standards in Egypt.
The venture capital company’s strategic alliances and in-depth industry expertise are key factors in its success. For example, they collaborate with prestigious businesses, like the renowned financial firm EFG Hermes, to create a fintech-focused business accelerator that enables entrepreneurs to make use of the combined resources and knowledge of both organisations.
Portfolio: Fatura, Paynas, Educatly, Si-Ware, Gahez, Rology
Key Sectors: Technology
Website: https://egyptventures.com/
Global Ventures
Global Ventures is an innovative venture capital firm that supports growth-stage entrepreneurs in emerging countries like Egypt that are focused on technology and have a global orientation. By supporting entrepreneurs and concepts that have the potential to spur innovation and growth in the area, Global Ventures hopes to foster big ideas with significant effects. They approach value creation hands-on, working with entrepreneurs to assist their sustainable growth and making sure they have the guidance and resources they need to succeed.
Portfolio: Cartona, Paymob, Nowpay, SubsBase
Key Sectors: Fintech, Digital Health, Infotech, eCommerce, Agritech
Website: https://www.global.vc/
A15
A15 is a top venture capital firm and a trailblazer focused on digital products and technology startups. It is committed to advancing innovation and empowering people. To this end, it offers vital financial and supportive assistance to fearless entrepreneurs who are setting out to change the world. Pre-seed and seed-stage companies in the digital space are the main focus of A15’s investment strategy. They support early-stage entrepreneurs with the resources necessary to help them reach their full potential.
Portfolio: Aleph, Milango, Esaal, Yallakora, Paymob
Key Sectors: Technology
Website: https://www.a15.com/
Flat6Labs
The MENA startup ecosystem is the focus of the well-known seed and early-stage venture capital company Flat6Labs. Since establishing its offices in Cairo in 2011, Flat6Labs has grown to become a well-known player in Egypt’s startup scene. They provide Egyptian creative entrepreneurs with the tools and mentoring they need to establish long-lasting businesses through a range of programmes and projects. In addition, Flat6Labs coordinates well-known startup initiatives with key institutions like ESLSCA and GIZ, assisting business owners in launching sustainable ventures across a range of industries.
Portfolio: Katteb, Melior, Agel, Fuelin, Copal
Key Sectors: Sector Agnostic
Website: https://www.flat6labs.com/
HIMangel
HIMAngel is a venture capital firm and private equity organisation that supports its portfolio companies with more than just financial resources to help early-stage entrepreneurs succeed. Their main framework consists of mentoring and support for company owners, helping them to build a solid foundation for their companies. The company is committed to helping entrepreneurs succeed in sectors other than technology, such as manufacturing, waste management, and healthcare.
Portfolio: Bermoda, Fil Khedma, RecycloBekia, Shezlong
Key Sectors: Technology
Website: https://www.himangel.com/
Algebra Ventures
Algebra Ventures is Egypt’s leading venture capital firm for technology. It believes in building strong partnerships with resilient and imaginative entrepreneurs who are driven to build innovative companies. To empower entrepreneurs and improve people’s lives on a large scale, Algebra Ventures is committed to supporting technology companies that employ innovation to upend large markets.
Early on in their interactions with startups, they take the time to get to know the team and the opportunity as it unfolds. Algebra Ventures’ area of expertise is connecting with decision-makers and offering the resources and assistance required to support business owners in their endeavours.
Portfolio: Dsquares, Goodsmart, Eventtus, Halan, POSrocket, Trella
Key Sectors: Technology
Website: https://www.algebraventures.com/
Business Valley
Business Valley is a venture capital firm that helps business owners build profitable companies and foster relationships with investors. With a group of committed experts, they support businesses with venture capital and design motivating workspaces. Business Valley aims to create a cooperative environment where entrepreneurs may prosper by offering access to mentorship, office space, and consulting services in addition to financial support.
Portfolio: Widebot, Shopz, Knawat
Key Sectors: Technology
Website: https://businessvalley.com/
Acasia Ventures
Well-known venture capital firm Acasia Ventures was founded in Cairo, Egypt, and has a regional office in Dubai, United Arab Emirates. Acasia Ventures is dedicated to supporting exceptional entrepreneurs that are creating digital solutions that are both real and urgently needed and that are highly scalable and sustainable.
This venture capital firm has a strong commitment to making purpose-driven investments and is dedicated to helping local IT entrepreneurs achieve their objectives. The investment strategy of the business is on recognising and endorsing novel concepts that possess the capacity to significantly impact society and foster the expansion of Egypt’s and the region’s technological environment.
Portfolio: Menthum, Balad, Fez Delivery, Credable, Kashat
Key Sectors: Technology
Website: https://acasia.ventures/
Cubit Ventures
With a focus on Egypt specifically, Cubit Ventures is an early-stage venture capital firm that aims to support and invest in North African IT companies leading digital transformation. One of Cubit Ventures’ most well-known strategic alliances is with the Founder Institute, a leading provider of information and support to entrepreneurs. They look for creative entrepreneurs who utilise technology to positively impact the region’s economy and spur growth to empower and inspire innovators.
Portfolio: Illa, Rology, Sprints, Elgameya
Key Sectors: Technology
Website: https://cubit.vc/
Sawari Ventures
Renowned venture capital firm Sawari Ventures makes investments in MENA-wide knowledge and innovation-based technologies. Sawari Ventures supports its portfolio companies with expertise and operational assistance in addition to financial investments. Sawari Ventures is an investment firm that has raised funds from both domestic and international sources to support its endeavours to foster innovation and economic progress. Sawari Ventures is a global finance provider with strong local expertise that keeps fostering the expansion and prosperity of the North African startup scene.
Portfolio: Proteinea, Kashier, MoneyFellows, Goodsmart, Fatura
Key Sectors: Fintech, Edtech, Healthtech, Deeptech, Logistics, e-Commerce
Website: https://sawariventures.com/
Conclusion
Egypt’s startup scene is expanding quickly; in 2019, it ranked highest among the Middle East and North Africa region’s nations in terms of startup funding transactions. Cairo’s startups are filling in holes in the market, resolving neighbourhood issues, and promoting entrepreneurship. Venture capital companies with long-term development potential might get investment from venture capital, a type of private equity. Prominent investors, investment banks, and other financial establishments are among the top venture capital firms in Egypt. This growing market is nonetheless replete with innovation and passion despite obstacles.
