Egyptian Startups Secure $228 Million in Funding Over Five Months

Deal News | Jun 02, 2025 | Zawya

Egyptian Startups Secure $228 Million in Funding Over Five Months

In the first five months of 2025, Egypt's startup ecosystem has attracted significant venture capital and debt financing investments totaling $228 million, as reported by the Ministerial Group for Entrepreneurship. This reflects a robust 130% increase compared to the same period in 2024. Within these months, 16 deals were executed, including investments of $156 million across 11 deals and substantial debt financing for startups Nawy and MNT-Halan, amounting to $23 million and $49 million, respectively. The Egyptian startup scene has not only seen funding but also notable merger and acquisition activities, such as Dubizzle's acquisition of Hatla2ee and MaxAB-Wasoko's acquisition of Fatora. The proptech sector led in investment volume, contributing 33% to the total funding, while the fintech sector was prominent in deal volume with five transactions, accounting for 32% of the total investments.

Sectors

  • Venture Capital
  • Technology
  • Finance

Geography

  • Egypt – The article discusses the Egyptian startup ecosystem and regional venture capital activities.

Industry

  • Venture Capital – Egypt's startup ecosystem is a key focus for both venture capital and debt financing investments.
  • Technology – Startups involved span multiple tech sectors including proptech and fintech, driving substantial investments.
  • Finance – The deal volume and investment figures are indicative of financial sector activity.

Financials

  • 228 million – Total venture capital and debt financing received by Egyptian startups from January to May 2025.
  • 156 million – Total investments across 11 deals within the 16 deals executed.
  • 23 million – Debt financing received by the startup Nawy.
  • 49 million – Debt financing received by the startup MNT-Halan.

Participants

NameRoleTypeDescription
NawyDebt-financed StartupCompanyReceived $23 million in debt financing.
MNT-HalanDebt-financed StartupCompanySecured $49 million in debt financing.
DubizzleAcquirerCompanyAcquired the online car trading platform Hatla2ee.
Hatla2eeTarget CompanyCompanyOnline car trading platform acquired by Dubizzle.
MaxAB-WasokoAcquirerCompanyAcquired the company Fatora.
FatoraTarget CompanyCompanyAcquired by MaxAB-Wasoko.
Ministerial Group for EntrepreneurshipSourceGovernmentProvided the funding report details.