Generally, there are two types of investors willing to accepting a risk rate. The first are the ones looking for small risky projects that have low profits expectations. The second are investors accepting high risky projects or startups that have high-profit expectancy.
Venture capital is a type of financing that has been displayed recently from investors and incubators, who fund small businesses that have no long history in the market, but they believe in their success. Looking at the feasibility study, investors see that the startups have high growth rates that encourage them to reap the opportunity.
These words motivate the entrepreneurs to build up their startups efficiently and believe that they can find the appropriate incubator one day. To clarify these words and prove that it is not just some quotes, we will explain some successful startups that have been funded in Egypt and list well-known investors that often fund attractive ideas.
Cairo Angels is one of the most influential groups that invest in the growing projects with brilliant angels, who have a bright vision that enables them to choose and support strongly emerging projects.
Cairo Angles consists of more than 80 angles, of which half are active. The size of the investment is $1.5 million in over 15 companies. The focus of Cairo Angels is on tech-based companies; however, this is an ecosystem-driven trend rather than an official mandate. El Wafeyat and Integreight are among the most successful investments of Cairo Angels.
The list of investors cannot be made without mentioning Flat6labs, which dedicated 10 to 15 percent of its equity to fund startups around the world such as Egypt, UAE, Tunisia, Saudi Arabia, and more.
Flat6labs has supported more than 200 entrepreneurs and 90 companies, and the support is not only financial, but it also offers technical and financial consultations to complement the supporting sides. Moreover, Flat6labs has the right to take managerial decisions in some outstanding projects, which increased the confidence of people in it to be one of the best investors in Egypt.
In the last decade, Tamkeen started its operations and defined itself as a capital venture company, when the definition is not commonly known among the entrepreneurs, but has quickly proved itself and became popular in Egypt.
Tamkeen Capital offers the most extended incubation in Egypt as most of the companies incubate by about six to eight months; however, Tamkeen incubates by a full year with all supporting facilities like a business, technical, and financial consultations.
The founders of Tamkeen are very professional investors as they choose the best ideas and support them with all required facilities, including Edfa3ly, which is one of the most successful fintech startups in Egypt and the Arab region.
You can read more about the rest of the most successful fintech startups in Egypt here.
Eventually, for all small entrepreneurs, there are many incubators in Egypt, and only by your effort and innovative ideas, you can achieve your dream projects and transform the ideas into actions.
What other venture capitalists have you seen?
- Wamda here.