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Top 25 Hardware VC Funds & Investors in Egypt (May 2026)

The most active venture capital funds investing in Egypt Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Egypt Hardware startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Flat6Labs
VC Fund
9 Egypt, United Arab Emirates, Saudi Arabia Seed, Pre-Seed Software, E-Commerce, Apps $15k–$300k
Algebra Ventures
VC Fund
8 Egypt, Jordan, United Arab Emirates Series A, Seed Marketplace, E-Commerce, Software $300k–$25M
Endure Capital
VC Fund
6 Egypt, United States, United Kingdom Seed, Series A, Series B Health Care, Software, E-Commerce $225k–$34M
Fawry
VC Fund
4 Egypt Seed, Series A, Series B E-Commerce, Mobile, Delivery $450k–$25M
Vision Ventures
VC Fund
4 Saudi Arabia, United Arab Emirates, Egypt Seed, Series A E-Commerce, Software, Information Technology $60k–$25M
Disruptech Ventures
VC Fund
3 Egypt Pre-Seed, Seed, Series A Financial Services, E-Commerce, Payments $1M–$3.5M
Sawari Ventures
VC Fund
2 Egypt, United States, Lebanon Seed, Series A, Series B Financial Services, E-Commerce, Software $100k–$42M
Flourish Ventures
VC Fund
2 United States, India, Brazil Series A, Series B, Seed FinTech, Financial Services, Finance $1.3M–$65M
International Finance Corporation
VC Fund
2 India, Brazil, United States Debt Financing, Series B Financial Services, FinTech, Finance $5M–$300M
AUC Angels
VC Fund
2 Egypt, United States, United Kingdom Seed, Pre-Seed, Angel E-Commerce, Software, Finance $40k–$2M
Khwarizmi Ventures
VC Fund
2 Saudi Arabia, Egypt, United Arab Emirates Seed, Series A, Pre-Seed E-Commerce, Software, FinTech $1.7M–$37M
Kauffman Fellows
VC Fund
1 United States, Egypt, Brazil Seed, Series B, Angel Biotechnology, Mobile, Data Storage $2M–$5M
Wamda Capital
VC Fund
1 United Arab Emirates, Jordan, Turkey Seed, Series A, Series B E-Commerce, Internet, Financial Services $500k–$47M
Alex Angels
VC Fund
1 Egypt Seed, Pre-Seed, Convertible Note E-Commerce, Marketplace, Mobile Apps $28k–$1.2M
Endeavor Catalyst
VC Fund
1 United States, Brazil, Mexico Series B, Series A, Series C E-Commerce, Software, Information Technology $5.3M–$150M
Flat6Labs Egypt
VC Fund
1 Egypt, Canada, United States Pre-Seed, Seed E-Commerce, Internet, Software $10k–$2M
Union Square Ventures
VC Fund
1 United States, United Kingdom, Germany Series A, Series B, Series C Software, Financial Services, FinTech $3M–$62M
HIMAngel
VC Fund
1 Egypt, Saudi Arabia, United States Seed, Pre-Seed, Convertible Note Food and Beverage, E-Commerce, Manufacturing $100k–$350k
Moving Capital
VC Fund
1 United States, India, Canada Seed, Series A, Series B Software, Transportation, FinTech $2.5M–$100M
Emaar
VC Fund
1 Egypt, United Arab Emirates Seed, Series B Mobile, Travel, Shipping
Endeavor
VC Fund
1 Brazil, United States, Malaysia Series A, Seed Software, Information Technology, E-Commerce $3M–$25M
HALA Ventures
VC Fund
1 United Arab Emirates, Saudi Arabia, Egypt Seed, Series A, Pre-Seed FinTech, Software, Predictive Analytics $284k–$9M
Loyal VC
VC Fund
1 United States, Canada, United Kingdom Pre-Seed, Seed Software, Artificial Intelligence, E-Commerce $78k–$2.5M
Chimera Investment
VC Fund
1 United Kingdom, India, China Series C, Seed, Series A E-Commerce, Transportation, Software $450k–$300M
Union Capital
VC Fund
1 Canada, Egypt Seed Software, SaaS, Retail
Access all 7 VC funds in Egypt Hardware startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Flat6Labs
VC Fund · Gîza, Al Jizah, Egypt · 9 investments in Egypt Hardware startups, 8 in the past 12 months

Flat6Labs is the MENA region’s leading seed and early stage venture capital firm, currently running the most renowned startup programs in the region. Annually, Flat6Labs invests in more than 100 innovative and technology-driven startups enabling thousands of passionate entrepreneurs to achieve their daring ambitions and ultimately becoming theirinstitutional co-founders. Flat6Labs manages a number of seed funds with a total AUM in excess of $85M. More than 25 leading institutions have invested into the Flat6Labs managed funds; believing in the asset class and Flat6Labs’ proven track record as the market leader.. Flat6Labs provides a wide range of investment ticket sizes ranging from $50K to $500k, supporting startups through their early journeys from Pre-Seed all the way to Pre-Series A stages. Alongside to the investments, Flat6Labs’ exceptional startup programs, executed to cater specifically for the needs of the innovative entrepreneurs, helps them accelerate their growth by providing them with a plethora of support services and connecting them to unparalleled opportunities with an expansive network comprising hundreds of business mentors, investors and corporates. Launched and headquartered in Cairo since 2011, Flat6Labs has multiple offices across the region; with ongoing plans to expand into other emerging markets.

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Investment focus

  • Industry: Software, E-Commerce, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Egypt, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 123
  • Round size: Seed $15k–$300k; Pre-Seed $32k–$230k
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Midient — We help restaurants collect, analyze, and act on their customer data to increase customer satisfaction and increase revenue.
  • Growdash — Growdash is a business intelligence and analytics tool built specifically for restaurants to support profitable growth strategic decisions across online sales channels.
  • Agel — Agel aim at reshaping the traditional financial services business model, operational model and customer experience to unlock a unique finance avenue for (“MSMEs”), with a core preposition of availing industry-agnostic merchandise credit limit for Merchants within Agel network in a manner that is Digital, Cashless and Sharia compliant, aligning withthe UN Global (“SDG”) goals, and Egypt’s 2030 plan towards financial inclusion and sustainability.our goals are: - Empowering MSMEs growth, - Accelerating Financial Inclusion, - Eradicating Informal Economy, - Raising Financial literacy
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Algebra Ventures
VC Fund · Cairo, Al Qahirah, Egypt · 8 investments in Egypt Hardware startups

Algebra Ventures invests in technology startups that leverage innovation to transform large markets. They seek high-growth companies, led by passionate and capable teams, that have a unique value proposition, and that can generate significant economic returns.Algebra Ventures looks for entrepreneurial teams that possess vision and insight as wellas the execution skills needed to build scalable companies. Algebra Ventures focuses on Series A and Series B rounds in Egypt although they do not exclude investments in earlier-stage startups or in other parts of the MENA region. They prefer to meet startups early on and get to know the team as the opportunity is shaping up.

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Investment focus

  • Industry: Marketplace, E-Commerce, Software
  • Stage:Series A, Seed
  • Geography: Egypt, Jordan, United Arab Emirates

Investor stats

  • Total investments: 41
  • Round size: Seed $300k–$3.5M; Series A $750k–$25M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Khazna — Khazna is an Egyptian company that aims to improve and expand financial services for Egyptians through the mobile application.
  • Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
  • Shift EV — Electrifying fleets in emerging markets.
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Endure Capital
VC Fund · Cairo, Al Qahirah, Egypt · 6 investments in Egypt Hardware startups

Endure Capital is an early stage investment fund headed by entrepreneurs looking for startup teams. They look for founders who are relentlessly resourceful and imaginative, solving genuine problems that matter to a lot of people and building high growth companies that endure.

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Investment focus

  • Industry: Health Care, Software, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Egypt, United States, United Kingdom

Investor stats

  • Total investments: 59
  • Round size: Seed $225k–$6.4M; Series A $1M–$34M; Series B $6M–$14M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $50M in 2022

Portfolio highlights

  • Suplyd — Suplyd is a comprehensive digital solution that bridges the gap between restaurant operators and their suppliers in order to disrupt an untouched market with extreme fragmentation and resolve the problem end-to-end.
  • Pylon — Pylon provides water and electricity distribution companies, in emerging markets, with a platform for managing their customers and infrastructure.
  • Almentor — almentor.net is a cutting-edge continuous e-learning platform curating top-rated video-based training programs delivered by leading subject matter experts and accessible through B2C and B2B channels to serve the needs of Arabs across the world. The platform was officially launched in January 2018 and currently offers the biggest Arabic high qualitycontinuous learning video library in the world, including paid courses, free talks, crash courses and books, primarily in Arabic.
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Fawry
VC Fund · Cairo, Al Qahirah, Egypt · 4 investments in Egypt Hardware startups

Fawry is the leading digital transformation & E-payment platform in Egypt, offering financial services to consumers and businesses.

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Investment focus

  • Industry: E-Commerce, Mobile, Delivery
  • Stage:Seed, Series A, Series B
  • Geography: Egypt

Investor stats

  • Total investments: 11
  • Round size: Seed $450k–$2.5M; Series A $2.5M–$25M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Alsoug — Al soug.com is The Sudan Market is a free advertising website for a new marketing concept that will save you effort and time. We offer you the best in the e-shopping concept on our website alsoug.com No hassle of searching through social media pages and groups everything you, your family and your friends need in one place, modern, organized andopen. To advertise through the site you can join our family via email or your Facebook account
  • Mylerz — mylerz is a parcel delivery company in Egypt that introduces a fast same day delivery through the use of unmatched technologies to ensure swift and secure transfer of parcels.
  • Brimore — Brimore is a social commerce platform connecting emerging brand owners with a network of resellers who market and sell their products using social media.
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Vision Ventures
VC Fund · Dammam, Ash Sharqiyah, Saudi Arabia · 4 investments in Egypt Hardware startups

Vision Ventures (VV) is an early stage venture capital firm founded by experienced entrepreneurs. Its slogan is:"By Entrepreneurs for Entrepreneurs". We invest in innovative startups in the Seed and Series A across a wide range of verticals. We help startups realize their dreams and make a difference in a noisy world. We are an energeticteam that has a wealth of experience in starting companies and steering them to success and hyper growth. Our combined experience spans over 90 years in multiple countries which gives us extensive experience in multi-national, multi-cultural teams. We provide startups with hands on assistance and guidance on marketing, sales, product/service development, financial planning and management, expansion & growth strategy, and more.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Seed, Series A
  • Geography: Saudi Arabia, United Arab Emirates, Egypt

Investor stats

  • Total investments: 62
  • Round size: Seed $60k–$2.5M; Series A $1.3M–$25M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Haseel — The new concept to meet your needs of vegetables and fruits selects you the best crops and the best prices in a way that is consistent with your digital age.
  • Nearpay — Focus On Building Deep Technology To Create Innovations
  • RedBox — Don't wait for drivers to deliver your packages! Instead, use RedBox lockers to ship your packages and collect them at your convenient time. No human contact!
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Disruptech Ventures
VC Fund · Cairo, Al Qahirah, Egypt · 3 investments in Egypt Hardware startups

Disruptech specializes in financial technology start-up investments.

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Investment focus

  • Industry: Financial Services, E-Commerce, Payments
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Egypt

Investor stats

  • Total investments: 16
  • Round size: Seed $1M–$3.5M; Pre-Seed $1M–$2.2M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $25M in 2022

Portfolio highlights

  • Khazna — Khazna is an Egyptian company that aims to improve and expand financial services for Egyptians through the mobile application.
  • Isupply — Isupply engages in the field of pharma distribution and healthcare.
  • Nice Deer — Nice Deer is an Egypt-based InsurTech startup aims to bridge the gap between health care providers, health insurance companies and beneficiaries by facilitating insurance and repayment of insurance claims.
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Sawari Ventures
VC Fund · Cairo, Al Qahirah, Egypt · 2 investments in Egypt Hardware startups

The Middle East/North Africa is the next great investment opportunity. The Middle East has a collective population larger than the US, the vast majority of whom are ‘digital natives‘ (e.g.; under 30) with great appetites for consumer technology products and services. The region boasts higher per capita GDP and more disposable income than Indiaor China. In short, the Middle East is one of the technology sector’s high-growth regions, and offers tremendous potential for expansion in mobile, internet, social media and eCommerce services.Like the BRIC’s and other emerging markets, local partners are key to success. Sawari Ventures is at home in the Middle East, and knows its culture, context and business climate. They have experience and relationships working with technology and investment leaders world-wide. They know how to translate local visionaries into global hits.

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Investment focus

  • Industry: Financial Services, E-Commerce, Software
  • Stage:Seed, Series A, Series B
  • Geography: Egypt, United States, Lebanon

Investor stats

  • Total investments: 24
  • Round size: Seed $100k–$8.3M; Series A $2.1M–$4.5M; Series B $2.7M–$42M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Axis — axis for Business enables small businesses to seamlessly manage employee payroll, salary advances, and expenses - all from one place.
  • Almentor — almentor.net is a cutting-edge continuous e-learning platform curating top-rated video-based training programs delivered by leading subject matter experts and accessible through B2C and B2B channels to serve the needs of Arabs across the world. The platform was officially launched in January 2018 and currently offers the biggest Arabic high qualitycontinuous learning video library in the world, including paid courses, free talks, crash courses and books, primarily in Arabic.
  • Blnk — Blnk is a fintech firm that provides lending, financing, affordability, commission, reporting and settlement, and e-commerce services.
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Flourish Ventures
VC Fund · Redwood City, California, United States · 2 investments in Egypt Hardware startups, 11 in the past 12 months

We are an early-stage global venture capital firm investing in fintech founders.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 132
  • Round size: Seed $1.3M–$15M; Series A $4.3M–$35M; Series B $7.2M–$65M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • ZestMoney — Enjoy the convenience of shopping for electronic gadgets, fashion, travel, education on EMI without credit card. No debit card or credit score required!
  • Flash — Flash is a mobile application and financial service company that facilitates digital payments to businesses.
  • Indifi Technologies — Indifi Technologies is a digital lending platform that offers loans to those that have potential and intent.Indifi believes in helping small businesses grow by offering loans to those that have potential and intent. Most such businesses have little or no access to financing from traditional institutions such as banks or lack either collateral orfinance data trail to access a loan.Indifi is a technology platform that gathers and analyzes data of businesses from various sources and draws insights to judge their creditworthiness, their past and current performance in the context of the industry they are operating in. This differentiated approach helps find businesses that are low on risk and high on promise thus opening up possibilities for those who earlier had no access to short or long term business funding.Indifi takes the relevant applications to multiple lenders, increasing the chances to secure a loan and creates choice for lenders to pick the ones they wish to back.
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 2 investments in Egypt Hardware startups, 26 in the past 12 months

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Debt Financing, Series B
  • Geography: India, Brazil, United States

Investor stats

  • Total investments: 255
  • Round size: Series B $5M–$30M; Debt Financing $20M–$300M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • SteinCares — SteinCares is a supplier of specialty healthcare products, such as complex generics, biosimilars, and cutting-edge pharmaceuticals.
  • Veritas Finance — Veritas Finance focuses on meeting the financial needs of the micro, small, and medium enterprises. Veritas Finance Private Limited is an organization started with the primary intention of reaching out to the customers who either have no access or inadequate access to financial services in the informal sector. 'Veritas' in Latin meanstruth. True to its name, Veritas is focused on making a true impact through inclusive access to financial services on the customers engaged in informal activities.The company is run by professionals with rich experience in the financial services industry that aims to make availing credit easy to this segment and make a positive impact on the lives of millions of Indians engaged in informal activities and who actually build the nation.
  • Mahindra Last Mile Mobility — Mile Mobility is a division of M&M that is in charge of the company's well-known mix of petrol, CNG, diesel, and electric last mile mobility 3- and 4-wheelers - passenger and freight vehicles.
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AUC Angels
VC Fund · 2 investments in Egypt Hardware startups

What is AUC Angels? AUC Angels is the first university-based angel investor network in the MENA region. Angel investors are individuals who are interested in investing in early-stage startups with growth potential which in turn supports the growth of a dynamic entrepreneurship ecosystem in Egypt.

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Investment focus

  • Industry: E-Commerce, Software, Finance
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Egypt, United States, United Kingdom

Investor stats

  • Total investments: 27
  • Round size: Seed $100k–$2M; Pre-Seed $40k–$100k
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • dKilo — dKilo is a technology company in the AdTech space. It offers smart out of home advertising solutions using the internet of things and AI.
  • Roboost — Tayar is an enterprise solution using Artificial intelligence and complex Algorithms to facilitate, optimize, and manage the delivery process to any BTC (mainly home delivery) business to increase the delivery speed and performance.
  • Sprints — home page Description
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Khwarizmi Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in Egypt Hardware startups

Khwarizmi Ventures is a venture capital firm that seeks investments in startups with a passion for algorithms. It seeks to help create their vision, as they embark on a journey together that aligns their goals to improve quality of life using technology powered by algorithms.Ever since its launch in 2018, it has seed funded startups, assistedfounders, and scaled up several companies.

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Investment focus

  • Industry: E-Commerce, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Saudi Arabia, Egypt, United Arab Emirates

Investor stats

  • Total investments: 23
  • Round size: Seed $1.7M–$19M; Series A $6.7M–$37M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $63M in 2021

Portfolio highlights

  • erad — erad provides growth capital to online businesses. Connect your analytics and receive funding offers, for non-dilutive capital within 48 hours
  • Baytonia — Baytonia is an E-commerce marketplace that is dedicated to customer happiness and consistently provides exceptional value in the form of distinctive and high-quality homeware collections.
  • Dastgyr Technologies — Making trade and capital seamless and reliable
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Kauffman Fellows
VC Fund · Palo Alto, California, United States · 1 investments in Egypt Hardware startups

A two-year program and global network where the best in venture capital gather to build a diverse community of investors operating with diligence and purpose.

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Investment focus

  • Industry: Biotechnology, Mobile, Data Storage
  • Stage:Seed, Series B, Angel
  • Geography: United States, Egypt, Brazil

Investor stats

  • Total investments: 5
  • Round size: Seed $2M–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • elves — Travel safely, explore freely.
  • Flash — Flash reinvented the food vouchers in Brazil creating an all in one instrument leveraging a MasterCard, a daily used App and an HR platform
  • Sidecar Health — Looking for a new kind of health insurance? Sidecar Health offers transparent & affordable health insurance for individuals, and you can choose any doctor you like. Learn more.
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Wamda Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Egypt Hardware startups

Wamda Capital is the MENA region's leading venture capital firm investing in exceptional entrepreneurs building the region's most promising high growth technology businesses. We invest both at the growth and seed stages with the aim of taking portfolio companies through successive rounds of financing through to exit.

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Investment focus

  • Industry: E-Commerce, Internet, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Jordan, Turkey

Investor stats

  • Total investments: 100
  • Round size: Seed $500k–$3M; Series A $2M–$6.5M; Series B $3.5M–$47M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • BitOasis — BitOasis is MENA's leading platform that allows you to securely buy, sell and trade crypto assets like Bitcoin, Ether, XRP and Bitcoin Cash at the best rates. Currently available in UAE, KSA, Bahrain, Kuwait, Oman, Jordan, Egypt and Morocco.
  • Believe — Believe Pte Ltd. is a global, Singapore-based FMCG conglomerate that provides market-ready solutions for customers by listening to their needs and designing products that suit their culture and life choices. From breakthrough personal care essentials to beauty products surpassing global standards, our worldwide team of experts use cutting-edgetechnology, scientifically proven methodologies and ancient knowledge to gift our customers
  • Wafeq وافق — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.
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Alex Angels
VC Fund · Alexandria, Al Iskandariyah, Egypt · 1 investments in Egypt Hardware startups

Alex Angels is an investment management company that helps investors to invest in early-stage companies with strong management teams. The company specializes in the fields of financial services, financial exchange, and investments. Alex Angels was founded in 2016 and headquartered in Al Iskandariyah, Egypt.

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Investment focus

  • Industry: E-Commerce, Marketplace, Mobile Apps
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Egypt

Investor stats

  • Total investments: 22
  • Round size: Seed $100k–$1.2M; Pre-Seed $28k–$100k
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • CardoO — Welcome To Our InnovationsExplore
  • SIDEUP — SIDEUP provides you with all the necessary tools to grow your business through a hassle-free experience from local and global logistics support, storage services, and innovative and real-time dashboards.
  • Suplyd — Suplyd is a comprehensive digital solution that bridges the gap between restaurant operators and their suppliers in order to disrupt an untouched market with extreme fragmentation and resolve the problem end-to-end.
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Endeavor Catalyst
VC Fund · New York, New York, United States · 1 investments in Egypt Hardware startups, 17 in the past 12 months

Endeavor Catalyst is the rules-based, co-investment fund of Endeavor, set up to invest exclusively in Endeavor Entrepreneur-led companies and to sustain Endeavor’s long-term operations in a mission-aligned way. Launched in 2012, Endeavor Catalyst has ~$500M+ AUM across four funds and has made 260+ investments to date in 35+ different markets. TodayThe Endeavor Catalyst portfolio has 53 companies valued at $1B+. Investments include Globant (NYSE:GLOB), Rappi, and Creditas in Latin America; Yemeksepeti.com and Careem in MENA; and Bukalapak and Carro in Indonesia.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: United States, Brazil, Mexico

Investor stats

  • Total investments: 264
  • Round size: Series A $5.3M–$35M; Series B $8M–$107M; Series C $12M–$150M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Sami — Sami is a Brazil-based health plan startup that provides a technology-based solution intended to be used in the healthcare sector. The company focuses on making health care simpler, more efficient, and friendlier by using simplified solutions, thus, providing patients with reduced costs for their medical care needs. Their mission is to transformBrazilian health into something simple, easy, reliable, and accessible, which helps each person to be their best version.Founded by Vitor Asseituno and Luiz Guilherme Berardo in 2018 and is based in São Paulo, Brazil.
  • Thunes — Payment infrastructure for a connected world.
  • InvGate — InvGate is the solution to build a modern service desk and empower IT with total visibility of your IT estate.
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Flat6Labs Egypt
VC Fund · Cairo, Al Qahirah, Egypt · 1 investments in Egypt Hardware startups

MENA’s leading seed and early stage VC firm, and the manager of the most renowned startup programs in the region. We are Accelerating the Future.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Pre-Seed, Seed
  • Geography: Egypt, Canada, United States

Investor stats

  • Total investments: 28
  • Round size: Seed $20k–$2M; Pre-Seed $10k–$340k
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • Filtareeq — Empowering your logistics department in ecommerce journey
  • 3attar.com — Healthy Super App
  • Otida — Otida is an app that acts as a nutritionist, a fitness coach and physician, among other roles, for patients with diabetes who struggle while navigating through their day-to-day lives.
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Union Square Ventures
VC Fund · New York, New York, United States · 1 investments in Egypt Hardware startups, 18 in the past 12 months

Union Square Ventures is a venture capital firm based in New York City.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Series A, Series B, Series C
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 323
  • Round size: Series A $3M–$13M; Series B $5M–$35M; Series C $6M–$62M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • PayJoy — Looking for a phone or a cash loan? PayJoy gives you credit with few requirements and in minutes. No late fees charged.
  • Teamshares — One hundred percent close rate on LOIs. Committed capital with no financing contingency. Teamshares is the buyer of choice for your business listing. Request a buyer profile to learn more about us.
  • Lydian — Lydian aims to accelerate the decarbonization of the chemical industry by electrifying the chemical production process. Founded in 2021 by Branko Zugic, Lydian is headquartered in
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HIMAngel
VC Fund · Cairo, Al Qahirah, Egypt · 1 investments in Egypt Hardware startups

HIMAngel is a venture capital and private equity firm that supports early-stage startups to grow. It fills the funds' gap as there is an increasing focus on growth-stage VC funds, but little attention and even less money made available for early-stage investments. HIMAngel was founded in 2017 and headquartered in Cairo, Al Qahirah.

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Investment focus

  • Industry: Food and Beverage, E-Commerce, Manufacturing
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Egypt, Saudi Arabia, United States

Investor stats

  • Total investments: 26
  • Round size: Seed $100k–$350k
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Rology — AI-assisted On-demand Teleradiology Platform
  • GBarena — GBarena is an online esports platform that serves the ecosystem stakeholders by the combination of a strong network of different esports communities, and a highly analytical tool to provide authentic value for all stakeholders (Publishers, Gamers, Tournament Organizers, Sponsors, Teams, and Media Partners).
  • FreshSource — FreshSource is revolutionizing the agriculture value chain through a tech-based B2B platform that is disrupting the distribution model of horticulture produce.
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Moving Capital
VC Fund · Santa Monica, California, United States · 1 investments in Egypt Hardware startups, 14 in the past 12 months

MovingCapital is a venture capital firm backed by early employees of Uber and other decacorn startups. Founded in 2018, the firm is based in Santa Monica, California, United States.

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Investment focus

  • Industry: Software, Transportation, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 128
  • Round size: Seed $2.5M–$7.2M; Series A $6M–$40M; Series B $25M–$100M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Steno — Built by tech and legal experts, Steno provides a revolutionary approach to court reporting and litigation services.
  • SkyFi — SkyFi makes on-demand, high-resolution satellite images and videos available to anyone who has access to a smartphone, tablet or computer.
  • Honey Homes — Hassle-free Home Upkeep
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Emaar
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Egypt Hardware startups

Emaar Properties, a Dubai-based Public Joint Stock Company listed on the Dubai Financial Market, is a global property developer and provider of premier lifestyles.Emaar has been shaping landscapes and lives in the Emirate since the company’s inception in 1997. The company specializes in creating value-added, master-planned communities that meetthe full spectrum of lifestyle needs. A highlight of Emaar’s approach to developing integrated lifestyle destinations is Downtown Dubai, the 500-acre mega-project, home of Burj Khalifa, The Dubai Mall, and The Dubai Fountain.Emaar is extending its expertise in developing master-planned communities internationally, and today has a significant presence in several key global markets with established operations in the United Arab Emirates, Saudi Arabia, Lebanon, Egypt, Morocco, India, Pakistan, Turkey, USA, Italy, and Canada. Emaar has made extensive forays in the hospitality & retail sector with the current portfolio encompassing The Address Hotels + Resorts, and Armani Hotels & Resorts, among others. In addition to the several community malls, Emaar Malls Group’s flagship shopping mall development, The Dubai Mall, has become the world’s largest shopping and entertainment destination, hosting 64 million visitors in 2012. Emaar’s focused expansion and diversification strategy sees it firmly positioned to take global center-stage as a multinational business group in the years to come.

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Investment focus

  • Industry: Mobile, Travel, Shipping
  • Stage:Seed, Series B
  • Geography: Egypt, United Arab Emirates

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • elves — Travel safely, explore freely.
  • SolarCity — Tesla solar makes it easy to produce clean, renewable energy for your home or business and to take control of your energy use. Learn more about solar.
  • ServiceMarket — ServiceMarket, previously known as MoveSouq.com, is one of Dubai's fastest growing startups. It is the largest portal in the UAE that connects customers with professional and licensed home services companies: movers, cleaners, painters, gardeners, handymen and insurance companies. On the site, customers can discover companies, read reviews,and book or request quotes for any service they need around the home. We currently serve customers in Dubai, Abu Dhabi, Sharjah and Doha.
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Endeavor
VC Fund · New York, New York, United States · 1 investments in Egypt Hardware startups, 15 in the past 12 months

About EndeavorEndeavor is the world’s leading community of high-impact entrepreneurs. Today, Endeavor’s network spans nearly 40 countries and supports more than 2,000 entrepreneurs, whose companies generate combined revenues of over $28 billion US, have created more than 3.9 million jobs, and, in 2020, raised over $4 billion US in capital.Endeavor’s unique entrepreneur-first model and network of trust provide a platform for founders to dream big, scale up, and pay it forward to the next generation of entrepreneurs.
About Endeavor CatalystEndeavor Catalyst is the rules-based, co-investment fund of Endeavor, set up to invest exclusively in Endeavor Entrepreneur-led companies and to sustain Endeavor’s long-term operations in a mission-aligned way. Launched in 2012, Endeavor Catalyst has ~$250M+ AUM across three funds and has made 200+ investments to date in 32+ different markets. Today The Endeavor Catalyst portfolio has 37 companies valued at $1B+, including 29 unicorns. Investments include Globant (NYSE:GLOB), Rappi, and Creditas in Latin America; Yemeksepeti.com and Careem in MENA; and Bukalapak and Carro in Indonesia.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Series A, Seed
  • Geography: Brazil, United States, Malaysia

Investor stats

  • Total investments: 46
  • Round size: Seed $3M–$12M; Series A $3M–$25M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • DRUID — DRUID is an AI platform that allows companies to automate processes by designing and deploying UiPath RPA integrated chatbot virtual assistants.
  • GlobalComix — GlobalComix is a free digital reading and distribution platform that helps creators and publishers share and sell their comics. GlobalComix helps readers understand the value of artistic labor and help creators earn cash in more consistent and flexible ways. Most importantly, GlobalComix promotes cross-cultural exchange and help comics fans andmakers connect with each other in deeper, more insightful ways.
  • Story Protocol — Story Protocol is building open IP infrastructure to grow the creativity of the internet era.
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HALA Ventures
VC Fund · Khobar, Ash Sharqiyah, Saudi Arabia · 1 investments in Egypt Hardware startups

Technology VC that empowers GCC’s startups in their early-growth stages.

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Investment focus

  • Industry: FinTech, Software, Predictive Analytics
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Arab Emirates, Saudi Arabia, Egypt

Investor stats

  • Total investments: 25
  • Round size: Seed $284k–$5.6M; Pre-Seed $550k–$730k; Series A $500k–$9M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Torod — Torod is an API aggregator that enables E-store owners to select the best shipper based on price, insurance, destination, and item value, with a single click set-up.
  • Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
  • El-Dokan — El-Dokan is the first enterprise eCommerce software designed for large and growing retail stores in MENA to help them optimize their operations and improve their sales conversion.
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Loyal VC
VC Fund · Toronto, Ontario, Canada · 1 investments in Egypt Hardware startups, 11 in the past 12 months

Loyal runs a global venture fund with quarterly redemptions and a proprietary gate-stage process, reducing investment bias and unlocking greater returns. Partnered with INSEAD, Founder Institute, and 500+ advisors, we are Loyal to the world with 250+ investments in 50+ countries.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Pre-Seed, Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 129
  • Round size: Seed $78k–$2.5M; Pre-Seed $110k–$900k
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • InSyBio — A disruptor to Precision Medicine and Nutrition through biomarker discovery.
  • ZestIOT — ZestIOT is an IoT & AI enabled aviation platform to integrate passenger, baggage, aircraft, ground & airport operations.
  • Wellx — Turn your health into currency. At Wellx, we're focused on making you healthier. Insurance helps us make it happen.
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Chimera Investment
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 1 investments in Egypt Hardware startups

Private investment firm managing a diversified portfolio of listed and unlisted equities on both local and regional markets.

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Investment focus

  • Industry: E-Commerce, Transportation, Software
  • Stage:Series C, Seed, Series A
  • Geography: United Kingdom, India, China

Investor stats

  • Total investments: 12
  • Round size: Seed $450k–$7.5M; Series C $115M–$300M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • AdalFi — AdalFi provides digital lending infrastructure services.It identifies, qualifies, engages, activates, and delights lending prospects for our partner banks.
  • Foodology — Foodology creates and operates digital restaurant brands made for delivery.The company aims to be a delivery-focused restaurant group in Latam. With its portfolio of virtual brands operated through cloud kitchens, Foodology strives to create a best in class delivery experience for its customers.The company was founded in 2019 by HarvardBusiness School classmates Daniela Izquierdo and Juan Guillermo Azuero.
  • Elwood Technologies — Elwood Technologies is an established global fintech building institutional-grade digital assets trading infrastructure.
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Union Capital
VC Fund · Gîza, Al Jizah, Egypt · 1 investments in Egypt Hardware startups

Union Capital is a private equity firm specializing in investments in growth capital. Union Capital was solely established with the specific purpose of investing in the growth and expansion of capital opportunities of the SME sector, and is the first private equity fund of its kind in Egypt to be uniquely focused on the SME investment space.

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Investment focus

  • Industry: Software, SaaS, Retail
  • Stage:Seed
  • Geography: Canada, Egypt

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Secoda — Discover and document all your data knowledge in one place: metadata, data catalog, lineage, analysis, queries, charts, requests & more.
  • OpsLevel — OpsLevel is a microservice catalog that helps you build more reliable software and resolve production incidents faster.
  • Barley — Barley makes it easy to structure, analyze, and manage compensation across your entire company - and keep a pulse on changing salary trends.
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Hardware VC funding in Egypt at a glance

Stats across 6 deals from 7 investors.

7
investors
in Egypt Hardware startups
6
deals
in Egypt Hardware startups
$63k
median round
in Egypt Hardware startups
43%
lead investors
lead at least one round
33%
Pre-Seed
most common funding stage

Access all 7 VC funds in Egypt Hardware startups.

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