TLDR:
Key points from the article:
- Egypt has over 160 venture capital firms and investors supporting its startup ecosystem.
- These players have participated in over 800 deals worth over US$2 billion in the past five years.
Egypt’s investor landscape includes local, regional, and international players. The top three in the MENA VC landscape due to a strong entrepreneurial culture and supportive environment. The list of most active investors consists of local investors in lower rounds and both local and regional players in later rounds. The investor landscape has more presence of international investors than regional VC firms. The nature of business differs between incubators/accelerators and venture capital firms.
Egypt’s Most Active Investors: Here Are The Global, Regional, And Local Players Fueling the Country’s Startup Ecosystem
Egypt’s investor landscape boasts a mix of local, regional, and international players supporting the startup ecosystem. With over 160 venture capital firms and investors, Egypt has seen over 800 deals worth over US$2 billion in the past five years. The strong entrepreneurial culture in Egypt, supported by various stakeholders, has placed the country’s startup ecosystem in the top three within the MENA VC landscape.
The most active investors in Egypt are a combination of local investors participating in lower rounds, such as seed and pre-seed levels, and local/regional players involved in later rounds that require larger funding amounts. Despite the prevalence of local investors, international firms have financed more Egyptian startups than regional VC firms in recent years.
Incubators and accelerators, such as Flat6Labs and Falak Startups, play a significant role in the Egyptian startup ecosystem by supporting a large number of portfolio companies. In contrast, venture capital funds primarily focus on seed and growth stage funding.
For more insights on Egypt’s entrepreneurial ecosystem, refer to the report, Investing in Egypt’s Startup Ecosystem, available on Lucidity Insights.
