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StartupOverviewLast roundTotal raisedFounded
1.

MNT-Halan

Egypt

MNT-Halan is Egypt’s largest and fastest growing lender to the unbanked.

Debt Financing

$270,000,000.00

2018

2.

Swvl

Egypt

Swvl is revolutionising the transportation scene in emerging markets, through providing a technology based alternative to public transportation

Funding Round

$123,000,000.00

2017

3.

Fawry

Egypt

Fawry is the leading Egyptian platform for digital transformation & e-payments

Private Equity

$122,000,000.00

2008

4.

Edita Food Industries

Egypt

Edita Food Industries manufactures croissants, cakes, bakery products and distributes imported sweeteners, olive oils and pasta.

Private Equity

$102,000,000.00

1996

5.

Juhayna

Egypt

Juhayna Food Industries is a leading Egypt-based manufacturer of milk, yoghurt, juice and juice concentrate.

Debt Financing

$73,000,000.00

1983

6.

Paymob

Egypt

Paymob runs millions of transactions for different business sizes across the Middle East and Africa.

Series B

$68,500,000.00

2015

7.

Opontia

Egypt

Opontia is the next-generation consumer holding group in the Middle East & Africa.

Series A

$62,000,000.00

2021

8.

MaxAB

Egypt

MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies.

Series A

$61,200,000.00

2018

9.

Vezeeta

Egypt

Vezeeta is a digital healthcare powerhouse that serves and empowers patients in every step of their healthcare journey through data and technology.

Series D

$54,230,000.00

2012

10.

Cequens

Egypt

Cloud Communication Platform offering Customer Engagement and 2 Factor Authentication Services to Enterprises and Developers Globally

Series B

$54,000,000.00

2011

11.

Instabug

Egypt

Instabug is a crowd-sourcing platform designed to provide application feedback to developers

Series B

$53,120,000.00

2012

12.

Mo'men Group

Egypt

Mo'men Group operates Egypt's largest independent chain of quick service restaurants under its household brand name.

Private Equity

$48,500,000.00

1988

13.

Tribal Credit

Egypt

Tribal Credit powers startup growth in emerging markets by providing corporate cards and financial solutions

Series A

$43,440,000.00

2016

14.

Trella

Egypt

Trella is a technology platform that connects shippers to carriers to move freight intelligently.

Debt Financing

$42,750,000.00

2018

15.

Brimore

Egypt

Brimore is a parallel distribution platform allowing local suppliers have nationwide coverage through a network of distributors.

Series A

$40,356,000.00

2017

16.

Homzmart

Egypt

Homzmart is an online home furniture/Goods shopping platform in Egypt.

Venture

$39,300,000.00

2018

17.

Khazna

Egypt

Khazna is a FinTech platform that enables convenient, effective and secure financial transactions through mobile application.

Series A

$38,095,000.00

2019

18.

ArabyAds

Egypt

ArabyAds is the largest advertising and marketing intelligence platform. Fuel Your Business Performance.

Series B

$36,500,000.00

2014

19.

B.TECH

Egypt

B.TECH is Egypt’s household appliances and consumer electronics retailer.

Private Equity

$34,000,000.00

1997

20.

Capiter

Egypt

Capiter is a B2B marketplace that brings FMCGs, wholesalers & merchants to the same platform

Series A

$33,000,000.00

2019

MNT-Halan

Giza

Founded

2018

Overview

MNT-Halan is Egypt’s largest and fastest growing lender to the unbanked.

Last round

Debt Financing

Total raised

$270,000,000.00

Employee

10,001+

Swvl

Al Qahirah

Founded

2017

Overview

Swvl is revolutionising the transportation scene in emerging markets, through providing a technology based alternative to public transportation

Last round

Funding Round

Total raised

$123,000,000.00

Employee

251-500

Fawry

Al Qahirah

Founded

2008

Overview

Fawry is the leading Egyptian platform for digital transformation & e-payments

Last round

Private Equity

Total raised

$122,000,000.00

Employee

251-500

Edita Food Industries

Ash Sharqiyah

Founded

1996

Overview

Edita Food Industries manufactures croissants, cakes, bakery products and distributes imported sweeteners, olive oils and pasta.

Last round

Private Equity

Total raised

$102,000,000.00

Employee

5001-10000

Juhayna

Giza

Founded

1983

Overview

Juhayna Food Industries is a leading Egypt-based manufacturer of milk, yoghurt, juice and juice concentrate.

Last round

Debt Financing

Total raised

$73,000,000.00

Employee

1001-5000

Paymob

Cairo

Founded

2015

Overview

Paymob runs millions of transactions for different business sizes across the Middle East and Africa.

Last round

Series B

Total raised

$68,500,000.00

Employee

51-200

Opontia

Cairo

Founded

2021

Overview

Opontia is the next-generation consumer holding group in the Middle East & Africa.

Last round

Series A

Total raised

$62,000,000.00

Employee

2-10

MaxAB

Al Qahirah

Founded

2018

Overview

MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies.

Last round

Series A

Total raised

$61,200,000.00

Employee

11-50

Vezeeta

Al Qahirah

Founded

2012

Overview

Vezeeta is a digital healthcare powerhouse that serves and empowers patients in every step of their healthcare journey through data and technology.

Last round

Series D

Total raised

$54,230,000.00

Employee

201-500

Cequens

Al Qahirah

Founded

2011

Overview

Cloud Communication Platform offering Customer Engagement and 2 Factor Authentication Services to Enterprises and Developers Globally

Last round

Series B

Total raised

$54,000,000.00

Employee

101-250

Instabug

Cairo

Founded

2012

Overview

Instabug is a crowd-sourcing platform designed to provide application feedback to developers

Last round

Series B

Total raised

$53,120,000.00

Employee

51-200

Mo'men Group

Al Qahirah

Founded

1988

Overview

Mo'men Group operates Egypt's largest independent chain of quick service restaurants under its household brand name.

Last round

Private Equity

Total raised

$48,500,000.00

Employee

5001-10000

Tribal Credit

Cairo

Founded

2016

Overview

Tribal Credit powers startup growth in emerging markets by providing corporate cards and financial solutions

Last round

Series A

Total raised

$43,440,000.00

Employee

51-200

Trella

Al Qahirah

Founded

2018

Overview

Trella is a technology platform that connects shippers to carriers to move freight intelligently.

Last round

Debt Financing

Total raised

$42,750,000.00

Employee

51-200

Brimore

Cairo

Founded

2017

Overview

Brimore is a parallel distribution platform allowing local suppliers have nationwide coverage through a network of distributors.

Last round

Series A

Total raised

$40,356,000.00

Employee

11-50

Homzmart

Cairo

Founded

2018

Overview

Homzmart is an online home furniture/Goods shopping platform in Egypt.

Last round

Venture

Total raised

$39,300,000.00

Employee

11-50

Khazna

Cairo

Founded

2019

Overview

Khazna is a FinTech platform that enables convenient, effective and secure financial transactions through mobile application.

Last round

Series A

Total raised

$38,095,000.00

Employee

11-50

ArabyAds

Al Qahirah

Founded

2014

Overview

ArabyAds is the largest advertising and marketing intelligence platform. Fuel Your Business Performance.

Last round

Series B

Total raised

$36,500,000.00

Employee

51-200

B.TECH

Al Qahirah

Founded

1997

Overview

B.TECH is Egypt’s household appliances and consumer electronics retailer.

Last round

Private Equity

Total raised

$34,000,000.00

Employee

1001-5000

Capiter

Cairo

Founded

2019

Overview

Capiter is a B2B marketplace that brings FMCGs, wholesalers & merchants to the same platform

Last round

Series A

Total raised

$33,000,000.00

Employee

501-1,000

Browse Egypt's startup stats

195519551983198319841984198819881991199119961996199719972000200020012001200220022003200320042004200520052006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022Year Founded1111111212211127741015121616386313985266Egypt startup growth in Africa139139125125111111989884847070565642422929151511# of Startups
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Jul '19Jul '1920202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '22Egypt Funding Activity in AfricaShowing historic funding chart$160000000$160000000$120000000$120000000$80000000$80000000$40000000$40000000$0$0
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