Pre-Seed

Series A

Seed

Others

Africa

Levant

Rest of World

Cairo

Omar Barakat

Mazen Nadim

Ziyad Hamdy

Onsi Sawiris

Hisham Elhaddad

Fady Yacoub

If you're ready to take your business to the next level with Foundation Ventures, we want to hear your pitch.

Investment in Startup

Uncover details about Foundation Ventures: portfolio highlights, funding strategy, and key sectors. Lucidity Insights has it all.

Foundation Ventures

Foundation Ventures is an early-growth stage venture capital fund that backs founders building industry-defining companies.

Debt Financing

Trella

Logistics & Storage

Transportation

Shipping

Marketplace

Trella is a b2b technology platform and trucking marketplace that connects shippers with carriers in the highly fragmented freight industry.

Capiter

E-Commerce

Fintech

Capiter is a B2B marketplace that provides a payment method that offers cash flow solutions for small to medium-sized businesses.

Amman

Abwaab

Education

EdTech

Abwaab is an online learning platform that allows secondary-school students to learn at their own pace, test themselves and get ahead with our expert tutors anytime and anywhere. By offering short, engaging video lessons, visualized learning journeys, continuous assessment and performance analytics, we are changing the way students learn outsidethe classroom.

Rabbit

Rabbit is an Egyptian company that offers fast grocery and item delivery from local fulfillment centers to customers' homes, with a promise of delivery within 20 minutes or less.

Minly

Social Networking

Minly is an online platform for celebrities and fans to connect through a new form of personalized experiences.

Swypex

Financial Services

Security

NowPay

Finance

NowPay improves the financial-wellness of corporate employees.

Kenzz

Flextock

London

Commonplace

Commonplace has making is easier for communities to influence local planning decisions.

The Fashion Kingdom

Sakneen

Real Estate

Sakneen is building an online real estate platform that will make it easier for developers, agents, and individuals to buy and sell properties mainly homes.

Aydi

Cloud Services

Software

Stealth Startup

Technology

Internet

Trella, a Cairo-based digital freight marketplace in the Middle East, North Africa and Pakistan (Menap), has closed a successful $42 million funding round, comprising $30 million new equity and $12 million debt facilities.

The equity element was led by Maersk Growth and Raed Ventures. Other participating investors include Algebra Ventures, Vision Ventures, Next Billion Ventures, Venture Souq, Foundation Ventures and Flexport. The debt facilities are being provided by Lendable - the next generation lending platform and other local financial institutions.

Founded in 2018, Trella is a technology platform ‘reinventing trucking’ across emerging markets, and has a current market presence in three countries; its home market - Egypt, Saudi Arabia and Pakistan. Its four co-founders include Omar Hagrass, Ali El Atrash, Pierre Saad and Muhammad El Garem.

Egypt's Trella raises $42 million in debt and equity

Cairo-based B2B e-commerce startup Capiter has raised $33 million Series A, co-led by Quona Capital and MSA Capital alongside additional investors Savola, Shorooq Partners, Foundation Ventures, Accion Venture Lab, and Derayah Ventures.
Founded in July 2020 by brothers Mahmoud Nouh (former COO and co-founder of SWVL) and Ahmed Nouh, Capiter brings together manufacturers, brands, wholesalers and retailers on one platform with access to financial services.

The acquired funding will help Capiter expand its service across Egypt and the Middle East region within 2022.

B2B e-commerce Capiter raises $33 million Series A

Egypt-based venture capital firm (VC) Foundation Ventures has launched an early-stage fund to back Egyptian startups, offering investments ranging from pre-seed to Series A.

The VC has so far invested in four startups companies; two in fintech (NowPay and Capiter), one in entertainment tech (Minly), and one in logistics currently operating in stealth mode.

Foundation Ventures is managed by Mazen Nadim, Omar Barakat, and Ziyad Hamdy, in partnership with US-based VC firm HOF Capital, and Egypt-based private equity firm BPE Partners. The fund is backed by some of the largest family offices and business leaders from Egypt and the Middle East and North Africa (Mena) region.  

Being part of the FV’s network, FV will help its portfolio companies scale up quickly by enabling them to access and utilise the resources of its limited partners and enterprise partners, expand their reach and product offering, access top industry experts and potential investors.

Foundation Ventures

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 3 sectors we invest in

Portfolio Companies
or Investments

Executive Team Members

About

Legal

Social Media

Foundation Ventures

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 3 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments