Shorooq Partners

Shorooq Partners, established in 2017 and headquartered in Abu Dhabi, operates as a venture capital firm with additional offices in Riyadh, Manama, Cairo, and Dubai. The firm specializes in early-stage investments and venture debt, focusing on sectors such as technology, fintech, game tech, climate, cleantech, cryptocurrency, and web 3.0. Shorooq Partners has successfully built a portfolio that has generated over $1.5 billion in equity value, supported by investments from some of the world's leading sovereign wealth funds.

Tamer Azer

Partner

Kunal Savjani

Managing Partner

Omer Zabit

Principal

Past deals in Egypt

Khazenly

Seed Round in 2022
Khazenly is an on-demand digital warehousing and fulfillment management platform designed to assist merchants in streamlining their logistical and operational processes. By leveraging artificial intelligence and big data, Khazenly provides an omnichannel solution that supports merchants and social commerce retailers in optimizing their fulfillment operations. The platform enables users to manage sales across various channels, including online stores, retail locations, and marketplaces, while offering critical services such as storage, order fulfillment, order delivery, and cash collection. This comprehensive approach allows e-commerce entrepreneurs to effectively meet their logistical needs and enhance their business operations.

The Food Lab

Pre Seed Round in 2022
The Food Lab is a cloud kitchen platform but describes itself as an infrastructure company for restaurants in Egypt — about 400,000 in number — in the food & beverage (F&B) space. The company provides a full suite of end-to-end services, including cloud kitchen (kitchen as a service) and procurement.

Mozn

Series A in 2022
Developer of enterprise artificial intelligence platform designed to build advanced AI products to empower enterprises in making critical decisions. The company's platform leverages sophisticated text intelligence and AI algorithms to effectively screen and monitor customers, providing financial institutions with a robust tool for safeguarding their operations against AML and fraud threats.

Capiter

Venture Round in 2022
Capiter is a B2B e-commerce marketplace that focuses on providing cash flow solutions for small to medium-sized businesses in Egypt. Founded in 2019 and headquartered in Cairo, Capiter enables suppliers to receive immediate payment for their sales, thereby reducing collection and credit risks. The platform also offers buyers flexible payment plans, allowing them to access credit on their purchases. By streamlining transactions and enhancing cash flow management, Capiter supports the growth and financial stability of small businesses and vendors in the region.

Breadfast

Series A in 2021
Breadfast is a Cairo-based company that specializes in producing a variety of bread and bakery products, including white and brown toast, baguettes, multigrain bread, rye, and various types of buns and pastries. Established in 2017, Breadfast operates an online delivery service that ensures customers receive fresh bakery items each morning, eliminating the need for freezing or defrosting. The company's product range also includes different flavors of muffins and croissants, as well as other grocery essentials like milk, eggs, and personal care items. By offering a convenient one-stop platform for daily needs, Breadfast aims to enhance the shopping experience for its customers.

Capiter

Series A in 2021
Capiter is a B2B e-commerce marketplace that focuses on providing cash flow solutions for small to medium-sized businesses in Egypt. Founded in 2019 and headquartered in Cairo, Capiter enables suppliers to receive immediate payment for their sales, thereby reducing collection and credit risks. The platform also offers buyers flexible payment plans, allowing them to access credit on their purchases. By streamlining transactions and enhancing cash flow management, Capiter supports the growth and financial stability of small businesses and vendors in the region.

Cayesh

Pre Seed Round in 2021
CAYE$H is a Fin-Tech Company for Supply Chain stakeholders to facilitate availability, management, and mobilization of Working Capital through Technology, Know-how, and Operations

Capiter

Seed Round in 2020
Capiter is a B2B e-commerce marketplace that focuses on providing cash flow solutions for small to medium-sized businesses in Egypt. Founded in 2019 and headquartered in Cairo, Capiter enables suppliers to receive immediate payment for their sales, thereby reducing collection and credit risks. The platform also offers buyers flexible payment plans, allowing them to access credit on their purchases. By streamlining transactions and enhancing cash flow management, Capiter supports the growth and financial stability of small businesses and vendors in the region.

Capiter

Pre Seed Round in 2020
Capiter is a B2B e-commerce marketplace that focuses on providing cash flow solutions for small to medium-sized businesses in Egypt. Founded in 2019 and headquartered in Cairo, Capiter enables suppliers to receive immediate payment for their sales, thereby reducing collection and credit risks. The platform also offers buyers flexible payment plans, allowing them to access credit on their purchases. By streamlining transactions and enhancing cash flow management, Capiter supports the growth and financial stability of small businesses and vendors in the region.

Khazna

Seed Round in 2020
Khazna is an Egyptian company focused on enhancing financial services through its mobile application. The platform offers a range of services, including payments, savings, and insurance, while also allowing employers to provide cash advances to employees for unforeseen emergencies. Users can easily transfer and receive funds between each other and make cash withdrawals and deposits without incurring transaction fees. By leveraging smartphone technology, Khazna aims to deliver convenient, effective, and secure financial solutions to consumers in Egypt.

Breadfast

Series A in 2020
Breadfast is a Cairo-based company that specializes in producing a variety of bread and bakery products, including white and brown toast, baguettes, multigrain bread, rye, and various types of buns and pastries. Established in 2017, Breadfast operates an online delivery service that ensures customers receive fresh bakery items each morning, eliminating the need for freezing or defrosting. The company's product range also includes different flavors of muffins and croissants, as well as other grocery essentials like milk, eggs, and personal care items. By offering a convenient one-stop platform for daily needs, Breadfast aims to enhance the shopping experience for its customers.
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