About StartEgypt
StartEgypt, an accelerator and incubator program founded in 1970, is based in Giza, Egypt. With a presence in 9 countries, it has supported around 36 startups in sectors like Consumer, Enterprise Applications. Most notable companies in
its portfolio include Chefaa, TeKeya and Smart Farm. The program primarily supports Grant (prize money) startups based in Egypt. Its latest investment was a Undisclosed Grant (prize money) round in Chefaa on 2018.
Key Metrics
Founded Year
1970
Location
Giza, Egypt
Sectors of Investment
Stages of Investment
Grant (prize money)
Locations of Investment
StartEgypt's List of Top Investments
StartEgypt has a portfolio of 36 companies. Their most notable investments include Chefaa and TeKeya.Their portfolio spans across Egypt, United States, Australia and 6 more locations. They have invested in Consumer, Enterprise Applications, Food and Agriculture Tech and 22 other sectors, across stages such as Grant (prize money) stage. Here is the list of top investments by StartEgypt:1. Chefaa
Pharmacy delivery app. It has developed an app to search for medicines and order online. The app provides reminders for medical appointments. The medicines are delivered to the user. The user can make an online payment. The app also offers discounts on medicines. The app is available for iOS and Android devices. It includes a marketplace for non-pharmaceuticals, dosage reminders, 24/7 support with free consultations from licensed pharmacists as well an Arabic speaking pharmaceutical blog to help educate the public.
Key facts about Chefaa
- Founded Year: 2017
- Location: Cairo (Egypt)
- Stage: Series A
- Total Funding till date: $5.25M
- Employee Count: 56 as on Jul 01, 2024
- Investors: Newtownpartners, Womena and 10 Others
- Latest Funding Round: Series A, Dec 17, 2023, $*****
- Highlight: Editors' Pick

2. TeKeya
TeKeya is an online marketplace for surplus food delivery. It offers a marketplace platform that allows hotels, restaurants, charity organizers, and grocery providers to donate their surplus food products to the consumers.
Key facts about TeKeya
- Founded Year: 2019
- Location: Egypt
- Stage: Funding Raised
- Employee Count: 11 as on Jul 01, 2024
- Investors: StartEgypt
3. Smart Farm
Smart Farm is a Nicholasville Kentucky based smart farming company, Company website claims that it provides farmers valuable, real-time, actionable information regarding the status of equipment and crops. Smart Farm’s large area 900 MHz wireless network and its intuitive, analytics-based user interface allow farmers to remotely monitor and analyze soil conditions. In parallel, farmers can monitor and control field-based equipment, such as irrigation pumps and grain silos.
Key facts about Smart Farm
- Founded Year: 2013
- Location: Nicholasville (United States)
- Stage: Seed
- Total Funding till date: $5.5M
- Employee Count: 6 as on Jul 01, 2024
- Investors: Keyhorse Capital, Innovators Program and 4 Others
- Latest Funding Round: Seed, Jul 23, 2021, $*****
- Highlight: Editors' Pick

4. RED
Provider of a mobile app for finding blood donors and receivers. The company has developed an application that connects the donors to the receivers who are in need of blood. Receivers can make requests for blood donations using the app.
Key facts about RED
- Founded Year: 2020
- Location: Egypt
- Stage: Funding Raised
- Investors: StartEgypt
- Highlight: Editors' Pick

5. Konsolto
Provider of a platform for healthcare providers and patients for consultation and medication delivery. The platform enables users to access both health care providers and pharmacies for consultation and online delivery of prescribed medicines. Also, it offers an AI-based platform to determine the nearest pharmacy where order is available at the best price.
Key facts about Konsolto
- Founded Year: 2020
- Location: Maadi (Egypt)
- Stage: Deadpooled
- Employee Count: 6 as on Jul 01, 2024
- Investors: Flat6Labs, Innoventures and 1 Other
- Latest Funding Round: Seed, Dec 02, 2020, $*****
StartEgypt's Year-on-Year Investment Trends
Its most recent first time investment was in Chefaa.StartEgypt's Investments by Stage
StartEgypt has made 1 investment in Grant (prize money) stage.StartEgypt's Investments by Sector
StartEgypt has a diverse portfolio, with companies operating in the Consumer and HealthTech. Notably, it has invested in 21 Tech companies, 17 Consumer (B2C) companies, 8 Software companies and at least 6 companies focusing on Enterprise (B2B).StartEgypt's Investments by Geography
StartEgypt has made most investments in Egypt (1).StartEgypt's recent investments
StartEgypt has not made any investment in 2026 so far.Here are the most recent investments by StartEgypt:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
2018 | Egypt | Grant (prize money) | 8481 | - |
Co-investors of StartEgypt
Over the past 8 years, 11 investors have co-invested in StartEgypt's portfolio companies. This includes only funds.
- Invested before StartEgypt: Flat6Labs has invested before StartEgypt.
- Invested after StartEgypt: A total of 10 investors have invested in StartEgypt's portfolio after their investments. Top Investors include GMS Capital (1 company) and Global Brain (1 company).
Recent News related to StartEgypt
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Egyptian e-health startup Chefaa closes seed funding roundDisrupt Africa•Aug 13, 2019•Chefaa, 500 Global, Flat6Labs Cairo, StartEgypt and 1 other