AUC Venture Lab

AUC Venture Lab (V-Lab), established in 2013 by the American University in Cairo, is Egypt's first university-based incubator, focusing on early-stage and growth-stage startups. The selection process for incubated startups evaluates factors such as idea novelty, team dynamics, scalability, and commercialization potential. Once accepted, startups benefit from training sessions, mentorship, student internships, and access to the AUC School of Business. In 2016, V-Lab introduced a FinTech Accelerator Program tailored for financial technology startups. Engaging actively with the AUC community and the broader Egyptian market, V-Lab shares entrepreneurial insights with students, faculty, mentors, and investors, and connects startups with a global alumni network. The incubator leverages AUC's extensive facilities and expertise to foster innovation and business development. Recognized for its impact, V-Lab was named one of the top five promising university incubators in Africa by UBI-Index in 2014 and received accolades from UBI Global for its high-impact incubation program in MENA.

Amal Enan

Chief Investment Officer

Past deals in COMESA

CreditFins

Non Equity Assistance in 2020
CreditFins is a pioneering FinTech platform in Egypt and the surrounding region, dedicated to alleviating financial stress through an innovative debt management solution. The platform focuses on helping clients pay off their credit card debt more efficiently and affordably via a subscription-based model. CreditFins employs a proprietary scoring system and plans to incorporate machine learning to deliver tailored financial services. This approach aims to improve clients' financial well-being by providing them with the necessary tools and information to make informed decisions, thereby empowering them to manage their finances more effectively.

Dopal App

Non Equity Assistance in 2020
Dopal is an AI-powered online travel platform that focuses on providing travelers and locals with a curated selection of experiences and activities in Egypt. The platform allows users to explore, search, compare, and book various activities while offering personalized recommendations based on individual preferences and search data. By leveraging artificial intelligence, Dopal aims to enhance the planning process for users, enabling them to discover trendy hotspots and engage in exciting adventures throughout the country.

EddyPay

Non Equity Assistance in 2020
EddyPay, established in 2018 and based in Cairo, Egypt, is a fintech company specializing in mobile financial services. It offers a user-friendly application, eddy Pay, which introduces QR code and mobile payment solutions to the Egyptian market. The platform facilitates bill payments and enables both users and vendors to simplify financial transactions, contributing to the country's financial inclusion efforts.

Clickmare.com

Non Equity Assistance in 2020
Clickmare.com provides healthcare management for all levels, actions, and strategies with the leadership. Clickmare.com was founded in 2016 and was headquartered in Al Qahirah, Egypt.

PIANAT.ai

Non Equity Assistance in 2020
PIANAT.ai is an emerging AI startup focused on democratizing data and AI-driven Environmental, Social, Governance, Risk, and Compliance (ESGRC) solutions, particularly in emerging markets. Operating as a G2B2B data exchange network, the company initially targets the non-banking financial services sector in Egypt, with plans to expand throughout the Middle East and Africa. PIANAT.ai offers a platform that integrates various risk management services, linking internal and external organizational activities to enhance compliance and auditing practices. By providing a single version of truth through managed data and AI-driven ESGRC strategies, PIANAT.ai aims to help organizations improve their operational efficiency, reduce costs, and enhance profitability. The company employs a scalable and flexible SaaS model to deliver the necessary resources, processes, and solutions, ultimately driving sustainability and competitiveness in the market.

Electrobekia

Non Equity Assistance in 2019
Electrobekia is an electronics company based in Qena Governorate, Egypt, founded in 2018. It specializes in electrical waste recycling, focusing on innovative technology solutions. The company collects and purchases old electronic devices, including computers, phones, keyboards, and printers, for recycling. To facilitate this process, Electrobekia is developing a mobile application that allows individuals to easily access recycling services, including door-to-door collection and secure data destruction. By promoting responsible e-waste disposal, Electrobekia aims to contribute to environmental sustainability and raise awareness about the importance of recycling electronic waste.

JLOOD

Non Equity Assistance in 2019
Jlood is an online shopping portal designed to support global designer brands, particularly in Egypt. The platform specializes in offering authentic designer footwear, bags, handbags, and accessories, providing customers with easy access to stylish and contemporary products. By promoting international designer companies, Jlood aims to enhance the shopping experience for consumers seeking genuine luxury items.

VisGo

Non Equity Assistance in 2019
VisGo is a startup that provides travelers with location-based audio guides. The company's platform enables content creators to generate their location-based audio guides and make money sharing their stories. Founded by Ahmed Raafat and Mohamed Ahmed in 2019, VisGo is headquartered in Cairo, Egypt.

Doctoorum

Seed Round in 2019
Doctoorum LLC, founded in 2018 and based in Cairo, Egypt, operates a curated online marketplace for medical tourism. This platform allows patients to compare and book various treatments from healthcare providers around the world. In addition to facilitating medical tourism, Doctoorum provides healthcare management solutions, enabling individuals and companies to book clinic appointments, surgeries, radiology services, and medical tests. The company also offers home delivery of medications and remote medical consultations, making healthcare services more accessible and affordable for its customers.

XPay

Non Equity Assistance in 2018
XPay is a mobile application company based in Cairo, Egypt, founded in 2018. It specializes in developing a payment and management platform that facilitates cashless transactions for various communities, including universities, schools, and social and sports clubs. XPay aims to promote financial empowerment by providing users with complete control over their financial activities. Its platform enables secure management of spending, allowing customers to book and pay for activities directly from their phones while eliminating the need for cash handling. By focusing on a customer-centric approach, XPay adapts to the evolving financial needs of its users, offering simplicity and order in their everyday financial management.

KlickIt

Non Equity Assistance in 2018
KlickIt is a comprehensive platform focused on digitizing payment services in Egypt, addressing the challenges associated with cash-based transactions in various sectors, particularly education and sports. The company offers a fee management and digital collection solution that streamlines financial and operational processes for academic institutions and sports organizations. By facilitating the processing of substantial transaction volumes, KlickIt empowers its clients to manage payments effectively while enhancing customer engagement. The platform provides valuable insights into business operations through an intuitive interface, thereby supporting clients in navigating their financial activities more efficiently.

7keema

Non Equity Assistance in 2018
7keema is a provider of on-demand nursing services based in Nasr City, Egypt, established in 2017. The company offers a diverse range of home-based care solutions, including basic care, post-intensive care unit support, hospice care, elderly care, ostomy care, and post-pregnancy assistance. Additionally, 7keema provides specialized services such as catheter and Ryle's tube care, wound care, child care, and vaccinations for children. With a focus on delivering quick, safe, and efficient nursing services, 7keema employs highly-trained nurses to ensure that patients receive professional care tailored to their needs, particularly during emergencies. The company also develops a home nursing application to enhance service accessibility for clients.

Rology

Non Equity Assistance in 2017
Rology is a teleradiology platform based in Cairo, Egypt, founded in 2017. The company addresses the global shortage of radiologists by providing a solution that efficiently matches radiologists with hospital cases based on their availability and specialization. This platform aims to reduce latency in reporting times, enabling patients to receive timely medical reports. Additionally, Rology enhances radiologists' productivity through an AI-powered DICOM reader, which supports the growing demand for radiology examinations such as CT and MRI. By leveraging technology, Rology facilitates quicker and more effective communication between healthcare providers and radiologists, ultimately improving patient care.

Nozol

Non Equity Assistance in 2017
Nozol, founded in 2016 and based in Cairo, Egypt, specializes in developing customer relationship management (CRM) software tailored for real estate brokers and development companies. The platform enables users to efficiently capture and manage leads, maintain detailed records of prospects, and track communication history, activities, and property listings. Additionally, Nozol provides analytical reports to help users assess their performance and make informed decisions. The software integrates technology with services to enhance work efficiency and improve results for real estate professionals, offering tools for collaboration and a centralized dashboard that facilitates lead management and marketing efforts, ultimately aiming to increase conversion rates.

Netsahem

Non Equity Assistance in 2017
Netsahem operates a digital fundraising platform that facilitates electronic donations to non-profit organizations. By offering a variety of innovative e-payment methods, Netsahem enables NGOs, particularly those that operate offline, to expand their reach and increase fundraising efforts. The platform is designed to support charitable initiatives across the Egypt region, helping organizations raise essential funds to assist those in need.

ZeroPrime Technologies

Non Equity Assistance in 2017
ZeroPrime Technologies (LLC) is an Egyptian startup that design and implement smart cities infrastructure to help creating the world we want to live in.

EasyKash

Non Equity Assistance in 2017
EasyKash is an online payment platform based in Cairo, Egypt, established in 2019. The platform facilitates online payments by offering diverse options, making it easy, safe, and straightforward for customers to complete transactions. By providing a secure payment gateway for websites and mobile applications, EasyKash aims to empower small and medium businesses and foster financial inclusion within the local digital economy. Its focus on simplicity and security helps businesses effectively sell products online while ensuring a positive customer experience.

Ordera

Non Equity Assistance in 2017
Ordera is a mobile application that enhances the takeaway experience in the food and beverage industry. Founded in 2017 and headquartered in Cairo, Egypt, the app allows users to order and pay for coffee and breakfast in advance, enabling them to pick up their items quickly, either from the store or directly from their cars, similar to a virtual drive-thru. The application also features a built-in loyalty program, rewarding users with free items from their favorite venues as they make more purchases. Additionally, Ordera provides benefits to venue owners by helping increase sales, understand customer preferences, and retain loyal patrons.

Faggala.com

Grant in 2017
Faggala.com is an online e-commerce platform specializing in stationery products, named after Faggala Street, a renowned commercial hub in Egypt for this industry. The platform offers a diverse range of items, including papers, pens, markers, calculators, and inks, catering to the needs of school students, art students, and businesses. By providing a smooth and convenient shopping experience, Faggala.com aims to deliver affordable stationery solutions to its customers.

Noto LMS

Non Equity Assistance in 2016
Noto is an online educational platform designed to enhance communication and organization among faculty, students, and university administrators. Founded in 2017, it offers a user-friendly learning management system that facilitates effective data sharing and collaboration within academic institutions. Noto aims to make university education more accessible and streamlined, allowing all stakeholders to interact seamlessly. The company has undergone incubation at the AUC Venture Lab and participated in the pre-incubation phase of Injaz in Egypt, further solidifying its commitment to improving educational experiences through technology.

La Reina

Non Equity Assistance in 2016
La Reina is an online fashion rental platform based in Heliopolis, Cairo, Egypt, that specializes in the rental of designer wedding and evening dresses, along with accessories. Founded in 2016, the company creates a marketplace where women can rent their evening and bridal gowns to one another. The platform features a diverse collection of designer dresses available in various sizes, allowing users to access high-quality fashion at discounted rates. This innovative approach not only promotes sustainable fashion practices but also provides an economical alternative for special occasions.

Raye7

Non Equity Assistance in 2016
Raye7 is a carpooling mobile application based in Cairo, Egypt, founded in 2014. The application is available on Android, iOS, and Web platforms, allowing users to easily organize and incentivize daily carpooling among employees. By facilitating carpooling, Raye7 aims to reduce traffic congestion and its associated impacts in urban areas.

GBarena

Non Equity Assistance in 2016
GBarena, Inc. is an esports tournament platform and gaming community established in 2015 and headquartered in Giza, Egypt. The company facilitates connections among gamers by enabling them to challenge one another and participate in various local and global tournaments. GBarena serves as a central hub for the esports ecosystem, linking stakeholders such as publishers, gamers, tournament organizers, sponsors, teams, and media partners. By leveraging data analysis, GBarena enhances the gaming experience and provides valuable tools for organizing tournament challenges and fostering community engagement among gaming enthusiasts.

Omash.com

Non Equity Assistance in 2015
Omash.com is an online marketplace that curates a diverse selection of fabrics sourced from tailors throughout Egypt, making them accessible for customers seeking materials for design projects. By providing an extensive online directory, Omash.com allows users from various governorates to explore and purchase a wide range of quality fabrics. The platform simplifies the ordering process by offering cash-on-delivery payment options, and customers can request fabric samples to aid in their selection. This service enables designers and hobbyists to focus on their creative endeavors while minimizing concerns about sourcing materials.

The Dog's Network

Non Equity Assistance in 2015
The Dogs Network is a centralized, interactive and review-based hub that helps dog owners locate and rate service providers. It provides a socially conscious network that solves the problem of unstructured, scattered and illusive information. The Dogs Network aims to build and strengthen the community of dog owners and spread awareness in Egypt.​

Square Art Gallery

Non Equity Assistance in 2015
Square Art Gallery is a unique company in Egypt, that offers a varied collection of fine art masterpieces from different museums around the world, printed with Museum-Quality on canvas. Their clients have additional options to customize the size of the paintings and choose from a wide variety of framing & finishing styles.

CairoSitters

Non Equity Assistance in 2015
CairoSitters is Egypt�s first babysitting and tutoring agency, introducing services in German, English French and Arabic to the greater Cairo Area. We provide classic babysitting and tutoring packages, as well as our newly introduced Language Service, which includes scholastic babysitting sessions in Arabic, English, German or French, with the ultimate goal of making the child fluent in the selected language.

Gymawy

Non Equity Assistance in 2014
Gymawy is an "Egyptianized" personal trainer application on your smartphone. It provides trainings, diet, and hints that you need in your day in order to reach your healthy life style target. The uniqueness of our application is driven by localized content for Egypt that is otherwise unavailable on other fitness mobile applications on the app store.​

Cryptyd Games

Non Equity Assistance in 2014
Cryptyd Games is a game development company founded in 2015 and headquartered in Alexandria, Egypt. The company specializes in creating computer and online games, with notable titles including Baloot Quest, The Fairy Games, Wrecking Ball, Havoc Edge, Mindless, and Ginger Rangers. Cryptyd Games is driven by a passion for mobile gaming and aims to create immersive experiences that allow players to engage deeply with the game worlds they inhabit.

Stebn

Non Equity Assistance in 2014
STEBN is an Egyptian company that addresses traffic congestion and mobility challenges through an innovative bike-sharing system. This system features a network of electronic bike stations, allowing users to conveniently access bikes using a smart card. Customers can pick up a bike from the nearest station, ride to their destination, and return the bike to any station once they have finished. By providing this service, STEBN aims to meet the growing transportation needs in Egypt and offer a sustainable alternative amidst the country's oil scarcity and mobility issues.

Tumbleweed

Non Equity Assistance in 2014
Tumbleweed app is the first activity based travel platform in Egypt. Tumbleweed helps you revolutionize your travel plans through showing you unseen destinations and guiding you to breathtaking activities. Apart from assisting you in exploring new places and activities, Tumbleweed is a social platform that connects you to your fellow explorers and adventurers.

Madad

Non Equity Assistance in 2014
Madad is a social business that operates an online crowdfunding platform focused on sustainable development in Egypt. By combining technology with a strategic approach, Madad provides crucial access to information for stakeholders in the civil society sector. The platform facilitates funding for creative projects that aim to create long-term impacts in various governorates and villages. This approach promotes transparency and accountability, transforming the traditional model of short-term charitable giving into strategic investments that foster a brighter future for communities across Egypt.

Axology

Non Equity Assistance in 2014
Axology designs and manufactures B2B products ranging from mini gadgets and security solutions to production line add-ons. It operates through a well defined product innovation process that involves a multidisciplinary team assigned to each project. Axology enhances client businesses performance by creating tailor-made processes and products that increase the business efficiency and enable the manufacturing of new or improved products. Vision: Axology’s vision is to be businesses’ first choice for customized products in Egypt, and to have a strong presence in the MENA region. Mission: Our mission is to provide customized, and yet, affordable innovative products/services that simplify the operational complications that businesses face on a consistent basis. Our main market is Egypt for the time being which sets us up for making a strong presence in the MENA region. With a team that gets inspired by new challenging problems, Axology’s core values of innovation, quality, and above all, customer satisfaction shine through to our treasured customers Our philosophy to be considered a learning organization has pushed us to create extensive training programs for our associates and employees. Those programs seek and demand continuous improvement from employees at every organizational level. We are also committed to adhere to the strictest of ethical standards in everything we do. Furthermore, we aim at providing healthy and lucrative rewards for our investors. Our everlasting social commitment is to contribute in reviving the Egyptian economy by manufacturing most of our products in Egypt through local suppliers, and by being a paragon of success and excellence for new startups.

DoubleVee

Non Equity Assistance in 2014
DoubleVee specializes in software testing services, focusing on ensuring the quality of software products for a diverse range of industries. With extensive knowledge and experience, the company assists business owners in evaluating solutions from suppliers and engages with software providers as an independent Verification and Validation service, ensuring that business outcomes meet established quality targets. DoubleVee offers various technical and consultancy testing services, specifically in the areas of functionality, performance, security, and operability. Their initial base in Egypt, complemented by a team of multilingual professionals fluent in Arabic, English, German, and French, positions them to effectively serve clients across different cultures and global locations, delivering cost-effective and world-class services that align with clients' time, cost, and quality objectives.

Bus Pooling

Non Equity Assistance in 2014
Bus Pooling is an Egyptian company focused on enhancing the commuting experience in Cairo by addressing the city's escalating traffic congestion. The company offers a crowd-sourced transportation solution designed for daily commuters, facilitating connections among individuals who reside in the same area and share similar work schedules. By grouping these commuters, Bus Pooling provides private, comfortable small buses tailored to their specific routes for a monthly subscription fee. This service aims to reduce the number of vehicles on the road, thereby alleviating traffic jams while delivering a secure, reliable, and economical transit option for users.

KarmSolar

Non Equity Assistance in 2013
Karmsolar is a solar technology and integration company based in Cairo, Egypt, founded in 2011. It specializes in providing solar energy solutions across various sectors, including agriculture, industry, tourism, and business. The company develops and operates both off-grid solar energy stations and grid-connected utility-scale installations, focusing on customized systems that replace diesel-powered processes with affordable and environmentally friendly solar energy. Karmsolar also offers services such as solar water pumping, hybrid pumping for irrigation, and energy infrastructure management. By leveraging a multidisciplinary approach, the company aims to deliver reliable and sustainable energy alternatives tailored to the specific needs of its clients.
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