Averroes Ventures

Magma is a sportswear company that specializes in creating advanced athletic apparel designed for high-performance workouts. The firm utilizes innovative technology and research to develop specialized fabrics that offer features such as breathability, antibacterial properties, odor resistance, fast drying, and sweat-wicking capabilities. By emphasizing ultra-light materials and flattering styles, Magma aims to enhance the comfort and confidence of athletes during their most challenging activities. Through its e-commerce platform, the company serves a global customer base, empowering individuals to push their limits and achieve their personal best.

Khazenly is an on-demand digital warehousing and fulfillment management platform that offers omnichannel solutions to help merchants digitize their businesses. The company leverages artificial intelligence and big data to address the logistical and operational challenges faced by merchants and social commerce retailers. Khazenly's platform optimizes fulfillment processes for online sales, retail stores, marketplaces, cross-border transactions, or a combination of these channels. Services include storage, order fulfillment, delivery, and cash collection, enabling e-commerce entrepreneurs to efficiently manage their logistics needs.

ILLA is a logistics company based in El Dokki, Egypt, specializing in middle-mile delivery services for fast-moving consumer goods (FMCG) companies. Founded in 2017, ILLA operates an asset-light model that digitizes the delivery process, allowing for comprehensive planning and execution. The company monitors logistics activities to enhance efficiency and drive sales growth for its clients. By connecting FMCG companies with a diverse network of trucks, ILLA provides a dynamic solution that addresses the complexities of delivering products to various retail and non-retail outlets. This approach ensures full control and visibility over the logistics process, enabling clients to navigate daily market challenges effectively.

Nawah Scientific, founded in 2015 and based in Cairo, Egypt, operates as a core hub for advanced scientific research in natural and medical sciences. The company offers a comprehensive range of analytical services, including chromatographic analysis, bioassays, spectrophotometric analysis, and phytochemical services. It enables researchers to conduct experiments through an online platform that facilitates the booking of high-tech scientific equipment such as dissolution testers and spectrophotometers. This innovative approach allows Nawah's scientists to perform experiments and deliver results online, making world-class research accessible to scientists and universities regardless of their laboratory capabilities. In its first three years, Nawah analyzed over 10,000 samples for numerous institutions across the MENA region, Malaysia, the UK, and Switzerland. Additionally, the company provides training courses in advanced techniques, further supporting the scientific community.

Nawah Scientific, founded in 2015 and based in Cairo, Egypt, operates as a core hub for advanced scientific research in natural and medical sciences. The company offers a comprehensive range of analytical services, including chromatographic analysis, bioassays, spectrophotometric analysis, and phytochemical services. It enables researchers to conduct experiments through an online platform that facilitates the booking of high-tech scientific equipment such as dissolution testers and spectrophotometers. This innovative approach allows Nawah's scientists to perform experiments and deliver results online, making world-class research accessible to scientists and universities regardless of their laboratory capabilities. In its first three years, Nawah analyzed over 10,000 samples for numerous institutions across the MENA region, Malaysia, the UK, and Switzerland. Additionally, the company provides training courses in advanced techniques, further supporting the scientific community.

TruKKer is a technology-enabled truck aggregator based in Abu Dhabi, UAE, founded in 2016. The company operates a logistics and fleet management platform that simplifies road freight and logistics operations by integrating demand and supply for land freight services. TruKKer's platform connects shippers and carriers in real time, ensuring maximum utilization of available trucks and reducing overall transportation costs. The company's network, powered by real-time data analytics, enhances reliability and transparency while creating opportunities for data monetization and consolidated procurement. By offering end-to-end coverage and a comprehensive service portfolio, TruKKer facilitates cross-border transportation services for various end markets, benefiting both shippers and transporters alike.

Breadfast is a Cairo-based company that specializes in producing a wide range of bread and bakery products, including various types of loaves, buns, and pastries. Founded in 2017, the company offers an extensive selection of items, such as white and brown toast, baguettes, multigrain bread, and different flavors of croissants and muffins. In addition to its bakery offerings, Breadfast operates an online delivery service that provides customers with a quick and convenient way to access household essentials, groceries, and over 3,000 items, including fruits, vegetables, and personal care products. This service aims to meet the daily needs of consumers by delivering fresh products directly to their doorsteps.