Top 50 Mobile VC (Venture Capital) Funds in Egypt in October 2023

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

Portfolio highlights

• Nawah Scientific — Nawah is MENA & Africa's first Cloud Lab providing Analytical and R&D services to the region's life science, food, agricultural and pharmaceutical sectors.
• Sprints — home page Description
• The Fashion Kingdom — Fashion, Sneakers for men, women, and kids

Portfolio highlights

• Buguard — Buguard, Inc. is a company information security solutions provider with expertise and demonstrated experience providing information assurance (IA) and computer security services to government, commercial and international customers. Buguard was founded in 2019 and is based in Cairo, Egypt. Our capabilities include risk and vulnerabilityassessments, secure network architecture and design, security program management and development, as well as security policy, process and procedure integration. Buguard is a focused, “boutique” consulting company.
• Menthum — Saving Made Simple
• SehaTech — Welcome to SehaTech, the groundbreaking company revolutionizing the health insurance market with our innovative solutions!

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.

Portfolio highlights

• Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
• Zanifu — The zanifu platform, allows small retailers in Sub Saharan Africa, to procure inventory from their suppliers & pay later.
• Fixit45 — Your best ever automobile service experience awaits you.

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

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.

Portfolio highlights

• Kashier — Kashier is a payment management platform for commerce and retail businesses that provide tools used for running a business. The toolkit covers subscriptions to invoices and online payments and is built with the capability to meet the rapidly evolving needs of today’s fast-growing businesses, from small startups to large enterprises.
• Filkhedma — FilKhedma is the largest home services marketplace in Egypt. Users can book online quality guaranteed reliable service providers in home cleaning, maintenance and other services. Service providers apply online and are accepted after passing through the onboarding process after which they receive orders through a mobile app. The service operates in3 Egyptian cities.
• Wasla Browser — Search, Shop and Save Money! Wasla is your new shopping browser. Wasla is the first mobile browser designed to help you save money from all your favorite stores so that you can shop more and pay less.

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.

Portfolio highlights

• Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
• Menthum — Saving Made Simple
• Precision Cardiovascular — Precision Cardiovascular is a unique sensor system for remote monitoring of patients with acute heart failure that provides unbiased data to improve long-term health outcomes and reduce the expenses of emergency situations.

Portfolio highlights

• MNT-Halan — MNT-Halan is a microfinance lending and payments company.
• Gahez Market — Gahez Market Online store
• Synapse Analytics — We build data science and AI solutions for streamlined operations and data driven decisions. Synapse Analytics, enabling a smarter world.

Portfolio highlights

• Laprophan — Laprophan gives people access to cutting-edge treatments and therapies. As a result, we are committed to researching, developing, and bringing new, innovative goods to market. dedication to patient-centered care pervades everything we do, from product creation to service delivery.
• AMEA Power — Founded in 2016, AMEA Power has assembled a leading team of global industry experts to deliver clean energy projects across Africa, the Middle East and other emerging markets.
• Northern Arc — Northern Arc Capital is a non-banking finance company that provides access to debt for under-served investors and businesses. Northern Arc Capita connects originators so that they may deepen their presence and provide access to financial services to millions of under-served households. Northern Arc Capital formerly Known as IFMR Capital. It wasfounded in 2008 and is headquartered in Chennai, India.

Portfolio highlights

• Hakbah — Hakbah is a Fintech startup focusing on an alternative financial saving. Hakbah is modernizing financial saving via its intelligent platform by offering a comprehensive one-stop-shop solution for Savings Groups to initiate, manage, join, and pay directly within the mobile app.
• Yodawy — Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
• Helium Health — Helium Health empowers healthcare providers in Africa with digital tools, financing solutions, and data partnerships. Learn more about our innovative solutions.

Portfolio highlights

• BeyondTrucks — Vertical SaaS
• Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
• Complete Farmer — We are providing cutting-edge technological farming protocols and innovations with a unique business model and logistics that are revolutionizing...

Portfolio highlights

• Truckistan — Truckistan is developing a logistics platform to make shipping faster and cheaper. The company provides real-time tracking, a customer dashboard, account management, and guaranteed transit time, as well as SaaS tools for routing, vehicle loading, and RFID implementation throughout the supply chain.
• MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
• T40 Technologies — Founded in 2019, T40’s mission is to challenge the status quo on behalf of small and medium-sized intercity transport service operators in Nigeria. We are doing so by building an open technology infrastructure that would enable transport operators of all sizes to transition from manual and analog operations to a digital system that is guaranteed todeliver revenue growth and increased productivity to their businesses. Our digital channels has also helped many operators offer improved services to their travelers hence increasing their NPS in the process.

Portfolio highlights

• Josys — Josys is an IT device and SaaS integrated management service that automates analog operations in corporate IT, reduces operational costs, and improves security levels.
• Spiral.AI — Spiral.AI offers services for large language models, AI language model platform, and customization features for ChatGPT for businesses.
• Pathos Logos — Pathos Logos is an HR co-creation platform that specializes in sales of SaaS and supply of human resources for corporations.

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.

Portfolio highlights

• elmenus — Discover Delivery And Dineout Restaurant Menus from over 6,000 restaurants in Cairo. Order your food online and check out photos, reviews, ratings and phone numbers of the best restaurants
• EFreshli — Furnishing & decorating a space is exciting but knowing where to start and how to navigate can sometimes seem challenging. We created Efreshli to provide convenient furnishing & decoration services to help create a more accessible journey, all online. Whether you want to be fully involved or need a professional designer to take over, our process is about finding the right mix of products to bring your style to life.
• Kiwe app — Kiwe app is a mobile payment application that enables users to transfer money instantly.

Portfolio highlights

• Finku — Aplikasi manajemen keuangan yang membantu mengelola transaksi keuangan kamu secara otomatis. Pelajari semua insight yang dipersonalisasi khusus untuk kamu! Download aplikasi beta nya sekarang !
• Trukkr — Trukkr is Pakistan's First and Largest Online Logistics Platform. They make the process of booking commercial cargo fast by linking a shipper with transporters over a secure, intuitive and powerful platform. We ensure that shippers have complete transparency in price discovery, visibility, flexibility, and choice while at the same time givetransporters easy access to more jobs, whenever they want them. Founded in 2019, Trukkr is committed to reinventing the old school trucking industry in Pakistan by making it easier for millions of truckers to book a load and move at capacity, while ensuring shippers have access to the right truck, at the right time.
• Dastgyr Technologies — Making trade and capital seamless and reliable

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.

Portfolio highlights

• Neqabty — Neqabty offers a mobile application that digitalizes society by linking organizations with its members in the field of healthcare.
• El Zatona — ElZatona offers warehouse and sales management program.

Portfolio highlights

• Sal7lyy — Sal7lyy is a mobile application that offers home maintenance services. It offers assistance to residences. hospitals, hotels, corporations, educational institutions, dining establishments, and retail locations.

Portfolio highlights

• Neqabty — Neqabty offers a mobile application that digitalizes society by linking organizations with its members in the field of healthcare.
• El Zatona — ElZatona offers warehouse and sales management program.

Portfolio highlights

• MaxAB — The Region's Leading Retailer Super App At MaxAB, we change how the supply chain works through our B2B food & grocery e-commerce platform At MaxAB, we change how the supply chain works through our B2B food
• Kemet Trading — Kemet Trading provides institutional-grade infrastructure for digital asset derivatives trading; optimizing access to liquidity, data, trade execution and post-trade workflows.
• Pine Street Labs — A non-custodial API for managing wallets. Built for enterprises.

Portfolio highlights

• mtion interactive — mtion is a creating the metaverse for gamers to stream from, share with each other, and be in. mtion's platform provides gamers with the tools to create their own personalized 3D spaces in which the can create, build, and socialize with in.
• Userpilot — Userpilot helps product teams deliver personalized in-app experiences to increase growth metrics at every stage of the user journey.
• The Prospective Co. — The Prospective Co. provides fast, interactive analytics & data visualization product for large datasets.

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.

Portfolio highlights

• Canalyst — 4,000+ financial models with every KPI that matters, built and updated by our team of analysts.
• Penny — Discover Penny. Transforming sellers' lives. Providing tailored corporate solutions. Try the best social selling app today.
• Rose Rocket — Rose Rocket's transportation management software (TMS) helps trucking companies and freight brokers improve visibility, collaboration, and efficiency.

Portfolio highlights

• Weelo — Weelo is a leading provider of advanced Salesforce automation software that empowers businesses to streamline their sales processes and drive growth. Our powerful CRM automation software is designed to help sales teams improve their productivity and accelerate sales cycles. With Weelo, you can automate sales workflows, forecast sales performance, and gain valuable insights into your sales processes. Our sales acceleration technology is built with the latest cutting-edge tools to help you achieve your sales targets faster and more efficiently. Whether you're a small business or a large enterprise, Weelo offers a complete suite of sales automation solutions to help you stay ahead of the competition. Discover how Weelo can transform your sales processes and grow your business today.

Portfolio highlights

• KlickIt — KlickIt is a one-stop-shop aiming at digitalizing payments across various sectors in Egypt, axing the fuss of routine payments in cash-adapted nations.
• Kiwe app — Kiwe app is a mobile payment application that enables users to transfer money instantly.
• Dayra — Dayra empowers companies to provide financial services to unbanked gig-workers and micro-businesses they deal with, via API integration. We provide services such as virtual bank accounts and access to credit to unbanked individuals, starting with Egypt. Dayra’s financial services are instant, hassle-free, and at a lower costs than traditionallenders.

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.

Portfolio highlights

• Render — Render is a unified cloud to build and run all your apps and websites with free TLS certificates, global CDN, private networks and auto deploys from Git.
• Flash — Flash is a mobile application and financial service company that facilitates digital payments to businesses.
• Primer — At Primer, we help organizations make the best use of their investment in data, by using best-in-class machine learning and natural language processing technologies.

Portfolio highlights

• Carble — We provide carbon insetting technology to tropical commodity buyers and cash incentives to farmers that protect the forest. Our satellite-powered platform monitors carbon emissions, allowing for deforestation-free farming to be rewarded at scale.
• Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
• Forested — Agroforestry Enterprise

Portfolio highlights

• Ingame — Ingame is a football-themed mobile game.

Portfolio highlights

• Thunes — Payment infrastructure for a connected world.
• Tuma — TumaTM is a smart, micro merchant solution that enables businesses to take card payments from customers using their own smartphones.
• Doxa Holdings — Doxa Holdings International is a fintech start-up helping connect buyers, suppliers, and financiers seamlessly through its best-in-class enterprise platform, Doxa Connex — a procurement, payment, financing, and analytics platform for the Built Environment (Construction, Engineering, Real Estate Developers).Officially incorporated in Jan 2019, ithas grown more than twice in size since 2021 and serves customers across the world, with a regional focus in Southeast Asia. It has deep and significant partnerships with financial institutions and is also recognised as a Networked Trade Platform (NTP) Value Added Service, while being fully integrated with the InvoiceNow and PEPPOL invoicing network.Doxa closed its S$3m Pre-Series A round from financial institutions including VCs, public listed and logistics corporations, and obtained internationally recognised ISO27001 and ISO20000 certifications 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!

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

Portfolio highlights

• MAYDAY — MAYDAY utilizes a sharing economy model connecting "providers" in this case tow trucks or car drivers with motorists in need of assistance across Cairo & Giza. MAYDAY offers a range of services to its users including Battery jump start, Fuel delivery, tire change or Towing all delivered in less than 30 minutes. MAYDAY offers a safeand hassle free experience to its users while utilizing location-based services to guarantee a rapid response and dispatch process.

Portfolio highlights

• Swvl — Swvl | Book Your Daily Ride or Make Money Driving Now
• Qureos — Level up with the best mentors and apprenticeships from businesses.
• elmenus — Discover Delivery And Dineout Restaurant Menus from over 6,000 restaurants in Cairo. Order your food online and check out photos, reviews, ratings and phone numbers of the best restaurants

Portfolio highlights

• Neqabty — Neqabty offers a mobile application that digitalizes society by linking organizations with its members in the field of healthcare.
• El Zatona — ElZatona offers warehouse and sales management program.

Portfolio highlights

• Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
• Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
• Beacon Power Services — Beacon Power Services is a utility company that provides energy management software and analytics for utilities.

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.

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.

Portfolio highlights

• Neqabty — Neqabty offers a mobile application that digitalizes society by linking organizations with its members in the field of healthcare.
• El Zatona — ElZatona offers warehouse and sales management program.

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.

Portfolio highlights

• Mozn — Confidently screen customers, monitor transactions and assess risk with powerful AI and seamless automation.
• 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.
• 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.

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.

Portfolio highlights

• Zid زد — Zid is an e-commerce in a box - solution that any retailer can use to start their eRetail. Zid helps them to build their own eStores (with their own name and identity) and integrates them with the supply chain players to enable them to manage and with ease. The company aims to enable the retail sector to enter the world of electronic retail in aneasy and professional.Zid was founded in 2017 and based in Riyadh, Ar Riyad, Saudi Arabia.
• Gameball — Gameball is a one-stop platform to market your products and keep your customers engaged, leading to boosted conversion and increased RoI with a data-driven success strategy.
• Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.

Portfolio highlights

• ElGameya — ElGameya is a fintech mobile application that helps users organize and manage micro-savings and credit. The platform offers collaborative lending options and runs on the concept of a shared economy.
• Compareha — Compareha is an online marketplace where consumers can shop for banking and insurance products. We offer customers a quick and easy way to discover the most suitable product and apply for it in a matter of minutes.

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.

Portfolio highlights

• Craydel — Get Professional career guidance based on Psychometric Assessments and get scholarships to the best MBA, Engineering, Medical, Education online and on campus courses in Africa and Abroad.
• EMTECH — For Modern Central Banking
• Terragon Group — Terragon is a leading Data and Marketing Technology company that uses data and analytics to help companies focused in Africa, intelligently connect at scale to their customers. We use an aggregation of online and offline data, and predictive scoring to help brands, marketing agencies and platforms accurately target people across channels anddevices. Headquartered in Lagos; Nigeria, we also have a presence in Kenya, South Africa, Ghana and India.