Sawari Ventures

Sawari Ventures is an Egyptian venture capital and private equity firm based in Cairo that focuses on early-to-growth-stage technology investments across the Middle East and North Africa. Founded in 2009, the firm backs software and information technology and other tech-enabled sectors across the MENA region, leveraging deep local knowledge and international partnerships to help regional founders scale globally.

Ahmed Alfi

Co-Founder, Partner and Chairman

Wael Amin

Partner

Fatima Bennani

Principal

Farah El-Gawad

Principal

Ibrahim Ramadan

Partner

Jennifer Schoeberlein

Partner, ESG and Impact

31 past transactions

Pearl Semiconductor

Seed Round in 2023
Pearl Semiconductor specializes in developing high-performance reference clocks and timing integrated circuits. Utilizing piezoelectric MEMS resonators built on CMOS, the company caters to industries such as industrial, networking, telecom, and automotive.

Axis

Seed Round in 2023
Axis is a digital banking alternative for small businesses and solopreneurs in Egypt. It offers a seamless payment management system that handles employee payroll, salary advances, and business payments to suppliers and vendors. Axis's fully interoperable mobile wallet enables users to send and receive money from any mobile wallet in Egypt.

almentor

Series C in 2023
Almentor is a prominent continuous e-learning platform that focuses on personal and professional development for individuals in the Middle East and Africa. Launched in January 2018, it boasts the largest library of high-quality Arabic video content, featuring a wide range of paid courses, free talks, crash courses, and books. The platform offers educational resources in both Arabic and English, delivered by experts across various fields, including management, technology, languages, marketing, sales, art, wellness, parenting, and design. By catering to both B2C and B2B markets, Almentor aims to meet the educational needs of Arab learners worldwide, providing them with valuable digital knowledge for their professional growth.

WaterSec

Seed Round in 2022
WaterSec manufactures IoT devices that communicate with gateways to monitor and track real-time water consumption. Their products enable businesses and citizens to optimize water use efficiency by detecting leaks, generating usage reports, and providing insights into conservation opportunities.

Blnk

Seed Round in 2022
Blnk is a fintech firm that provides lending, financing, affordability, commission, reporting and settlement, and e-commerce services.

Money Fellows

Series B in 2022
Money Fellows operates a digital platform facilitating collaborative group lending and savings. It leverages social networks to provide interest-free credit and enhance saving capabilities, promoting financial inclusion.

ADVA

Seed Round in 2022
ADVA is an innovative company based in Egypt that offers a mobile application for service installations with customized installment plans. As the first online service installment platform in the country, ADVA enables users to access a variety of essential services, including health, education, insurance, home finishing, and wedding expenses. The application streamlines the process, allowing customers to complete their transactions with just one click, making it easier for them to manage their financial commitments while accessing necessary services.

Proteinea

Seed Round in 2022
Proteinea develops a protein engineering platform that uses proprietary AI models and computational tools to design next-generation antibodies with enhanced efficacy, safety, and convenience. The company aims to make biotherapeutics development smarter, safer, and faster.

Kashier

Venture Round in 2022
Kashier is a payment management platform that provides commerce and retail businesses with tools to streamline invoicing, subscription billing, and online payments. The platform supports professional, customized invoices, regular billing, and subscription payment automation, allowing companies to accept payments from customers, vendors, and partners across multiple payment methods and channels. Designed to adapt to the evolving needs of fast‑growing businesses, Kashier serves both small startups and large enterprises.

ExpandCart

Series B in 2022
ExpandCart is an online platform established in 2013 and based in Cairo, Egypt, that facilitates the creation of professional online stores. Recognized as the fastest growing Arabic e-commerce platform in the Middle East, ExpandCart serves a diverse clientele, ranging from individuals and small businesses to enterprise-level corporations. The platform provides users with an intuitive interface to build websites, blogs, or online stores, allowing them to incorporate various media, including images and videos. This enables entrepreneurs to effectively showcase their products and stories, connect with potential buyers, and establish authority in their respective fields. ExpandCart's commitment to affordability and user-friendly design has contributed to its significant traction and success among its clients.

GoodsMart

Venture Round in 2021
GoodsMart is a mobile application developed to facilitate the online shopping of groceries and household products. Founded in 2013 and based in Cairo, Egypt, the company aggregates local grocery stores within its platform, allowing users to purchase a range of items including groceries, personal care, and home care products. GoodsMart offers a premium shopping experience with next-day delivery, enabling consumers to enjoy fresh products delivered directly to their homes. By streamlining the grocery shopping process, GoodsMart helps users save both time and money, making daily errands more manageable.

Fatura

Seed Round in 2021
Fatura is a technology platform established in 2019 that aims to transform the fast-moving consumer goods (FMCG) industry in Egypt and Africa. It serves as a digital solution connecting FMCG manufacturers and wholesalers directly with retailers, streamlining the traditional trade cycle. By digitizing the ordering process, Fatura addresses significant challenges faced by retailers, such as supply-side inefficiencies and access to market intelligence. The platform enables retailers to make on-credit purchases, thereby improving their working capital. Additionally, Fatura employs advanced data analytics and artificial intelligence to assess the creditworthiness of retailers within its network, enhancing financial decision-making for both retailers and wholesalers. With notable traction in Cairo and Giza, Fatura is positioned to become a leading player in the FMCG technology landscape across the region.

almentor

Series B in 2021
Almentor is a prominent continuous e-learning platform that focuses on personal and professional development for individuals in the Middle East and Africa. Launched in January 2018, it boasts the largest library of high-quality Arabic video content, featuring a wide range of paid courses, free talks, crash courses, and books. The platform offers educational resources in both Arabic and English, delivered by experts across various fields, including management, technology, languages, marketing, sales, art, wellness, parenting, and design. By catering to both B2C and B2B markets, Almentor aims to meet the educational needs of Arab learners worldwide, providing them with valuable digital knowledge for their professional growth.

Empoweromics

Seed Round in 2021
Empoweromics is a property tech company that leverages AI and ML to provide real estate consultants with end-to-end business solutions.

Si-Ware Systems

Venture Round in 2021
Si-Ware Systems is a technology company specializing in the design and manufacture of integrated circuits and micro electro mechanical systems. The company operates in two primary sectors: ASIC Solutions, which focuses on custom ASIC development with expertise in analog/mixed-signal and RF design, and Optical MEMS Technology, which enables the fabrication of multiple optical components on silicon substrates. Si-Ware is also known for its NeoSpectra platform, an all-in-one material analysis solution that employs single-chip FT-NIR spectrometers to facilitate on-site analysis across various industries, including agriculture, food, and life sciences. The company is headquartered in Menlo Park, California, with additional research and development facilities in Paris, France, and Cairo, Egypt.

Docspert Health

Seed Round in 2021
Docspert Health is a telemedicine platform that connects patients in the Middle East and Africa with international medical experts through video consultations. The company aims to provide inclusive and accessible healthcare by leveraging technology to facilitate appointments with healthcare professionals. Its services include telehealth consultations and access to medical equipment, allowing patients to initiate treatment promptly and effectively. By focusing on patient-centered care, Docspert Health enhances the healthcare experience for individuals seeking specialized medical advice and support from experts across the globe.

ExpandCart

Series A in 2020
ExpandCart is an online platform established in 2013 and based in Cairo, Egypt, that facilitates the creation of professional online stores. Recognized as the fastest growing Arabic e-commerce platform in the Middle East, ExpandCart serves a diverse clientele, ranging from individuals and small businesses to enterprise-level corporations. The platform provides users with an intuitive interface to build websites, blogs, or online stores, allowing them to incorporate various media, including images and videos. This enables entrepreneurs to effectively showcase their products and stories, connect with potential buyers, and establish authority in their respective fields. ExpandCart's commitment to affordability and user-friendly design has contributed to its significant traction and success among its clients.

Brantu

Series A in 2020
Brantu AB is a fashion technology company based in Stockholm, Sweden, founded in 2016. It operates a digital marketplace that focuses on enhancing the fashion sales experience for both consumers and brands. The company specializes in women's shoes, apparel, and accessories, including dresses, jackets, and skirts. Brantu aims to digitize the fashion supply chain by connecting brands, retailers, and manufacturers, facilitating a seamless shopping experience through a mobile-first platform. The services offered include strategic planning, payment solutions, and logistics support, ensuring efficient delivery and convenient returns. By simplifying the onboarding process, Brantu enables local and global fashion brands to effectively reach consumers across various markets.

Money Fellows

Series A in 2020
Money Fellows operates a digital platform facilitating collaborative group lending and savings. It leverages social networks to provide interest-free credit and enhance saving capabilities, promoting financial inclusion.

almentor

Series A in 2019
Almentor is a prominent continuous e-learning platform that focuses on personal and professional development for individuals in the Middle East and Africa. Launched in January 2018, it boasts the largest library of high-quality Arabic video content, featuring a wide range of paid courses, free talks, crash courses, and books. The platform offers educational resources in both Arabic and English, delivered by experts across various fields, including management, technology, languages, marketing, sales, art, wellness, parenting, and design. By catering to both B2C and B2B markets, Almentor aims to meet the educational needs of Arab learners worldwide, providing them with valuable digital knowledge for their professional growth.

Swvl

Series B in 2019
Swvl is a technology-driven mobility company that offers an app for booking fixed-route bus trips, providing users with a cost-effective alternative to traditional public transportation and ride-sharing services. Founded in 2017, Swvl operates in Egypt, Kenya, Pakistan, and has its headquarters in Dubai. The company's core product is the B2C Swvl Retail offering, which allows commuters to book rides on minibuses and other vehicles running on fixed or semi-fixed routes within cities through a mobile application. This service enables users to share rides during peak commute times for a flat fare with no surge pricing, promoting environmentally responsible mass transit solutions.

Wasoko

Seed Round in 2019
Wasoko is an e-commerce platform that connects small retail shops in Africa to the digital economy, enhancing their access to essential goods and services. By facilitating seamless transactions, the platform allows informal retailers to conveniently order products via SMS or a mobile app, ensuring they receive free same-day delivery to their stores. This approach not only simplifies the sourcing process for shopkeepers but also helps manufacturers maintain consistent product availability for consumers. Through this model, Wasoko aims to boost sales and market coverage for companies operating in emerging markets, thereby fostering trade and economic growth across the continent.

Kashier

Seed Round in 2019
Kashier is a payment management platform that provides commerce and retail businesses with tools to streamline invoicing, subscription billing, and online payments. The platform supports professional, customized invoices, regular billing, and subscription payment automation, allowing companies to accept payments from customers, vendors, and partners across multiple payment methods and channels. Designed to adapt to the evolving needs of fast‑growing businesses, Kashier serves both small startups and large enterprises.

Swvl

Series B in 2018
Swvl is a technology-driven mobility company that offers an app for booking fixed-route bus trips, providing users with a cost-effective alternative to traditional public transportation and ride-sharing services. Founded in 2017, Swvl operates in Egypt, Kenya, Pakistan, and has its headquarters in Dubai. The company's core product is the B2C Swvl Retail offering, which allows commuters to book rides on minibuses and other vehicles running on fixed or semi-fixed routes within cities through a mobile application. This service enables users to share rides during peak commute times for a flat fare with no surge pricing, promoting environmentally responsible mass transit solutions.

Financial Services Company

Venture Round in 2012
FSC is a market leader in retail based financial services. Our professional team and widespread service teams enable our clients to attain the utmost satisfaction. FSC was founded in 2008 with the idea of providing a suite of field based services to banks and financial sectors. Quickly, FSC proved its success and creative approach and diversity. FSC today operates Vodafone One loyalty system as well as having launched Egypt’s first anonymous prepaid cards nationwide, in collaboration with SAIB bank. FSC is currently operating in Egypt with a strategic plan to expand in the MENA region, specifically into North Africa and GCC markets. Our regional expansion is driven by our success and our belief that FSC has the capability and resources to serve its customers wherever and whenever required.

Zoomaal

Seed Round in 2012
Zoomaal is a crowdfunding platform serving the Arab world and the MENA region. Launched in July 2013, it focuses on funding creative, social, and youth projects by connecting local initiatives with Arab expatriate communities to raise funds from a regional audience. The platform has been recognized for Arab crowdfunding, including a MIT Arab Enterprise Forum semifinalist nomination and backing from Middle Eastern venture capital firms, with coverage by CNN, Wamda, and the International Herald Tribune.

Kngine

Seed Round in 2011
Kngine, Inc. is an intelligent assistant and answer engine that provides users with direct answers to their inquiries. Founded in 2008 and headquartered in San Mateo, California, with an engineering office in Cairo, Egypt, Kngine is designed for developers and businesses to create smart applications. Its platform incorporates advanced natural language understanding and utilizes deep learning, big data, and knowledge-based approaches to deliver accurate responses. Kngine’s technology extracts factual information from web content to enhance its knowledge graph, allowing it to comprehend and process user questions effectively. The platform is capable of automating customer service, powering voice interfaces, and enhancing enterprise search functionality, ensuring that users receive meaningful results. Kngine also offers a beta application for iOS and Android devices, further extending its accessibility. As of 2017, Kngine operates as a subsidiary of Samsung Research America, Inc.

Vimov

Series A in 2011
Vimov LLC is a mobile applications development company founded in 2008 and based in Alexandria, Egypt. The company specializes in creating sophisticated yet user-friendly software solutions aimed at enhancing the end-user experience. Among its notable products is iSimulate, an application that enables developers to wirelessly send multi-touch events, accelerometer and compass data, and GPS location information to the iPhone simulator. Additionally, Vimov has developed a weather forecasting application that provides users with daily temperature updates and rain forecasts, helping them stay informed about weather conditions. The company primarily serves software developers, focusing on innovative applications that improve functionality and usability.

Alzwad Mobile Services

Venture Round in 2011
ALZWAD Mobile Services (ZMS), founded in 2009, started with a small team that had a collective vision of creating a mobile application and content platform, meeting all the possible needs of mobile users while enriching their lifestyles. Our team is driven by our passion for innovation and trendsetting while providing customers with the best value-added services today. And realize the dream of being the first platform for contents & apps targeting Arabic speaking communities globally.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.