Do you own a startup or SME? even if you still thinking about establishing a business, Have you ever wondered who are the most Most Famous VCs, venture capitals, in Egypt and what are their sectors?
I bit you have thought about it because the first thing that comes to mind when establishing a business is FUND or specifically how to fund this business? am I going to use my money, Friends, and Family money, or search for an investor?
So Let’s start from the very beginning what exactly are venture capitals and what are the most famous VCs in Egypt? Venture Capital (VC) is a type of financing that is provided to very young companies with strong growth potential. In addition to funding, most VC firms offer technical or managerial expertise to their portfolio companies.
Most of the VCs mentioned in this article are established in the last decade as the entrepreneurial scene has changed a lot in the last 10 years. Check this article to learn how to attract investors.
1- 138 Pyramids
Target: Play an active role in supporting the Egyptian economy and the startup world. 138 Pyramids seeks to enhance the development of the small and medium Enterprise “SME” sector.
The company seeks a minority stake, in high-impact businesses with high employment opportunities at early growth stages, to accelerate their growth and unravel their true potential.
Description: A hybrid financial vehicle of venture capital and private equity, 138 Pyramids helps to scale and validate business and market, by offering comprehensive support to early and growth stage companies through their management company, Delta Inspire.
Target: A15 identify winners early, partnering with exceptional entrepreneurs early on in their journey, working together to unlock value and build businesses that stand the test of time.
Description: A15 is a leading VC in Egypt and the MENA region that creates digital products and technology brands.
Target: EdVentures invests in edtech startups in the pre-seed and seed stage serving the sectors of education, culture, and innovative learning solutions.
Description: EdVentures is the first edtech-focused corporate venture capital in the Middle East. In 2017, it was launched as the newest arm under the prosperous umbrella of Nahdet Misr Group, a pioneer in the education sector.
Target: Egypt Ventures invests in technology-based startups fostering a stronger ecosystem of innovation in Egypt
Description: Egypt Ventures is multi-stage investment vehicle focused on empowering the entrepreneurial ecosystem by investing in accelerators and co-investing in high-growth enterprises.
Target: Ideavelopers invests, and supports startups with great potential. they are not only provide risk capital, but also support with strategic advice and industry access.
Description: Ideavelopers is a venture capital firm that is a subsidiary of EFG-Hermes Private Equity. The firm manages the Technology Development fund – a $50 million fund focused on early stage technology companies.
Portfolio: Fawry, Offerna, and others…
In this article, we have presented a comprehensive list of the most famous VCs in Egypt but there is a lot more to know so check instadeel’s VCs list from here.