Egypt’s startup ecosystem is experiencing rapid growth, with venture capital investments increasing by 37% annually. Several key investors are driving this momentum by providing funding, mentorship, and strategic support across various industries, including fintech, e-commerce, and healthtech.
Flat6Labs has invested $85 million, supporting over 2,000 entrepreneurs with funding of up to $500,000 per startup. A15 focuses on early-stage tech companies, with notable investments in TPAY and Paymob. Algebra Ventures manages a $144 million fund and has backed startups like Sylndr and DXwand. Sawari Ventures, known for its focus on North Africa, has played a role in major exits such as SWVL and Instabug.
Endure Capital specializes in early-stage funding and has invested in 52 companies, including Careem and NowPay. 500 Global has supported more than 60 Egyptian startups, including MaxAB and MoneyFellows. Cairo Angels, Egypt’s first angel investment network, focuses on early-stage tech startups. Falak Startups has made 69 investments, leading to four successful exits.
Disruptech Ventures, managing a $36 million fund, targets fintech and digital services. Egypt Ventures, a government-backed initiative, has invested $306 million to support startups and accelerators. With a strong talent pool and growing investment interest, these investors are shaping the future of entrepreneurship in Egypt.
Read the full news here: Tech in Africa