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Sawari Ventures to launch $150 million fund to back Egyptian startups

Sawari Ventures to launch $150 million fund to back Egyptian startups
techmoran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techmoran.com Daily Mail and Mail on Sunday newspapers.

Al Sanbati , Ahmed Alfi , Hany Al Sonbaty , Wael Amin , Hani Al Sanbati , Sawari Ventures , Sawari Venture ,

Sawari Ventures to launch $150 million fund to back Egyptian startups

Egypt-based venture capital (VC) firm Sawari Ventures intends to launch a $150 million fund to back Egyptian startups.
According to. ....

Hany Al Sonbaty , Wael Amin , Ahmed Alfi , Hani Al Sanbati , Al Sanbati , Sawari Ventures , Sawari Venture ,

Seed-stage accelerator Flat6Labs closes $13.2M fund for startups in Egypt – TechCrunch

Seed-stage accelerator Flat6Labs closes $13.2M fund for startups in Egypt – TechCrunch
techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.

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Egyptian VC firm Sawari Ventures finally closes $71M fund for North African startups – TechCrunch

Egyptian VC firm Sawari Ventures finally closes $71M fund for North African startups
Egyptian-based VC firm Sawari Ventures has closed its $71 million fund for North Africa’s rapidly growing startup ecosystem.
The firm first announced its fund in 2018, when it closed an initial $35 million (which subsequently increased to $41 million) in hopes to close at $70 million, per Menabytes. The investors in the first tranche included CDC (which forked over $12 million), European Investment Bank, Proparco and the Dutch Good Growth Fund.
Having closed an additional $30 million, Sawari Ventures’ total raise is $1 million more than its original target. And it has added a range of new backers that includes Banque Misr, Banque du Caire, Ekuity, Misr Insurance Group, National Bank of Egypt and Suez Canal Bank. ....

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