Cubit Ventures

Founded in 2021, Cubit Ventures is a Cairo-based venture capital firm focusing on seed and early-stage technology companies across North Africa. It manages a USD10m fund dedicated to backing startups driving digital transformation in Egypt's fast-growing economy.

Rafeh Saleh

Founding Partner

Ehab Shoukry

Partner

Past deals in Egypt

Rology

Seed Round in 2022
Rology operates a teleradiology platform that connects hospitals with radiologists to reduce reporting latency. Founded in 2017 and based in Cairo, it addresses radiologist shortages by remotely matching hospitals with radiologists according to availability and subspecialty, supported by an FDA-cleared AI-assisted toolkit and an AI-powered DICOM reader. The platform integrates with hospital information systems, offers a network of subspecialized radiologists, and utilizes multiple AI models to improve accuracy, speed, and capacity while lowering operational costs. The company serves healthcare providers in the Middle East and Africa, enabling faster reporting and broader access to high-quality radiology interpretation.

ILLA

Seed Round in 2021
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.
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