Flat6Labs is Sawari Ventures’ dedicated startup accelerator for seed stage investments. Launched in Cairo in 2011, it assists and encourages entrepreneurs throughout the critical first steps of development. Every four months, it funds and mentors a number of carefully selected start-ups from Egypt and the MENA region, providing them with seed capital and physical hosting at its premises. In addition, it offers interaction-based mentorship and educational experiences, organized in conjunction with the American University in Cairo. Flat6Labs’ philosophy is centered on immersing entrepreneurs into the real-world challenges of creating and managing successful enterprises in an open, collaborative and value-added environment. In May 2012, Flat6Labs joined the Global Accelerator Network (GAN), as the first member from Africa.
Algebra Ventures is a venture capital firm based in Cairo, Egypt, that focuses on early-stage and growth capital investments primarily in the Fintech sector. Founded in 2015, the firm targets technology-driven startups across various domains, including consumer internet, e-commerce, enterprise software, and advanced digital technologies. Algebra Ventures typically invests between $0.1 million and $4 million, seeking minority stakes of 15% to 30% in the companies it supports. While its primary focus is on Series A and Series B funding rounds in Egypt, it is open to earlier-stage investments and opportunities in other parts of the MENA region, including Jordan, Lebanon, UAE, Tunisia, and Morocco. The firm looks for high-growth companies led by passionate teams with a unique value proposition and the capability to generate significant economic returns.
BECO Capital is a venture capital firm based in Dubai, United Arab Emirates, that specializes in providing growth capital and operational support to early-stage technology companies. Founded in 2012 by Dany Farha and Amir Farha, the firm focuses on investing in sectors such as business and consumer internet services, mobile services, SaaS, technology infrastructure, and digital media. BECO Capital primarily targets small to medium-sized enterprises in the MENA region, particularly in the UAE, Saudi Arabia, Levant, Egypt, and other GCC countries. The firm typically invests between $0.25 million and $3 million per round, aiming to take on the role of a lead investor while also co-investing. In addition to financial backing, BECO Capital offers hands-on operational mentorship to its portfolio companies, emphasizing support for socially responsible businesses with early adopter users and some revenue.
The International Finance Corporation (IFC) is a key member of The World Bank Group, dedicated to fostering sustainable economic growth in developing countries through private sector investments. It provides a wide array of financial products, including loans, equity, and quasi-equity investments, to startups and established companies across various sectors such as agribusiness, financial services, healthcare, education, infrastructure, and technology. IFC aims to mobilize capital in international financial markets while also offering advisory services to enhance corporate governance and environmental performance. The organization focuses on projects that are majority-owned by the private sector in developing countries, with typical investment amounts ranging from $1 million to $100 million. IFC does not invest in certain sectors, including weapons and munitions, tobacco, and gambling. Founded in 1956 and headquartered in Washington, D.C., IFC plays a crucial role in creating jobs, generating tax revenues, and improving the quality of life in the communities it serves, particularly for those who are most in need.
Global Ventures is an international venture capital firm, investing in founders and ideas across emerging markets. They back global-minded founders that are leading growth-stage companies and using technology to transform emerging markets and the world. The Global Ventures team is a diverse, collaborative, talented and curious group of professionals who, combined, have years of experience and expertise building and scaling companies.
Sawari Ventures is an Egyptian private equity firm founded in 2009 that specializes in early-to-growth stage investments in technology businesses across the Middle East and North Africa (MENA) region. With a focus on leveraging the high-growth potential of the Middle East, Sawari Ventures capitalizes on the region's large population of 'digital natives' with a strong appetite for consumer technology products and services. By understanding the local culture, context, and business climate, Sawari Ventures works with technology and investment leaders worldwide to translate local visionaries into global success stories in mobile, internet, social media, and eCommerce services. With a deep knowledge of the MENA region and a track record of fostering partnerships for expansion, Sawari Ventures is well-positioned to capitalize on the booming tech sector in the region.
Endeavor is a non-profit organization dedicated to supporting high-impact entrepreneurs globally. Founded in 1997 and headquartered in New York City, Endeavor aims to foster long-term economic growth by selecting, mentoring, and accelerating top entrepreneurs. With a presence in 25 countries, including Argentina, Brazil, Egypt, and Turkey, Endeavor focuses on entrepreneurs in developing markets. The organization also operates Endeavor Catalyst, a co-investment fund established in 2012 that invests in equity financing rounds of $5 million or more raised by Endeavor Entrepreneurs. Endeavor Catalyst seeks to contribute to the sustainability of the organization while specializing in sectors such as agriculture, fintech, and healthcare. Through its various initiatives, Endeavor plays a vital role in nurturing entrepreneurial ecosystems and driving economic development.
MEVP is a Middle East-focused venture capital firm that invests in the early and growth stages of innovative companies run by talented entrepreneurs in the Middle East Region with a focus on the GCC and Levant countries. With offices in Beirut, Dubai, Bahrain and Riyadh and more than USD 260 million in Assets Under Management, MEVP is the largest and most established VC firm in this region, with clear cross border investment appetite.
Endure Capital is an early stage investment fund headed by entrepreneurs looking for startup teams. They look for founders who are relentlessly resourceful and imaginative, solving genuine problems that matter to a lot of people and building high growth companies that endure.
Flourish Ventures is an early-stage global venture fund founded in 2019 that focuses on investing in entrepreneurs whose innovations promote financial health and prosperity for individuals and small businesses. With a particular interest in fintech infrastructure, consumer and small business lending, insurtech, and digitizing money, Flourish provides patient capital with a long-term perspective. The firm collaborates with industry experts in research, policy, and regulation to better serve the underserved and contribute to a more inclusive economy. Managed by a global team with offices in Silicon Valley, Washington DC, London, and India, Flourish Ventures aims to support startups in Asia, Africa, Latin America, and the United States. To learn more about their mission and investments, visit www.flourishventures.com.