Where is Avelabs located?

Avelabs is headquartered in Cairo, Egypt.

How many employees does Avelabs have?

As of Mar 31, 2026, the latest employee count at Avelabs is 243.

Is Avelabs a funded company?

Avelabs is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Avelabs rank among its competitors?

Avelabs ranks 12th amongst 99 active competitors, of which 3 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Prodrive Technologies, which secured $46.5M in Dec, 2025.

Who are the top competitors of Avelabs?

Avelabs' top competitors include Prodrive Technologies, Silicon Mobility and Eurotech. Among them, Prodrive Technologies secured the most recent funding round in December, 2025.

Avelabs - 2026 Company Profile, Team, Funding & Competitors

Avelabs is a funded company based in Cairo (Egypt), founded in 2012 by Mohamed Elshafey and Abdalla Osama. It operates as a Developer of embedded software solutions for the automotive industry. The company has 99 active competitors, including 3 funded and 17 that have exited. Its top competitors include companies like Prodrive Technologies, Silicon Mobility and Eurotech.

Company Details

Avelabs develops embedded software solutions for the automotive industry. It offers four software solutions; GASPRA (a software analysis tool for providing insights on software behavior), GASPRATM ARTiA (timing analysis tools for ensuring timing profiling and analysis), GASPRATM VD (tool for debugging the software without the hardware availability) & Aveloader (tool for customizable ECU software update). It also offers services for software development, ECU integration, timing optimization, training and consulting. It has Autostar &Comasso as its technology partners and Ford, KTM, GM, Landrover as its OEM partners.

Website: www.avelabs.com/
Social
Email ID: *****@avelabs.com
Phone Number: +20 **********

Key Metrics

Founded Year

2012

Location

Cairo, Egypt

Stage

Funding Raised

Investors

Endure Capital

Ranked

12^th among 99 active competitors

Employee Count

243 as on Mar 31, 2026

Similar Companies

Silicon Mobility & 21 more

View Avelabs' full profile

Avelabs is a funded company. Avelabs has 1 institutional investor.

View details of Avelabs's funding rounds and investors

The founders of Avelabs are Mohamed Elshafey and Abdalla Osama.

Here are the details of Avelabs' key team members:

Mohamed Elshafey: Co-Founder of Avelabs and founder of 1 other company.
Abdalla Osama: Co-Founder of Avelabs and founder of 1 other company.
Contact Info: 1 email address

View details of Avelabs's Founder profiles and Board Members

Avelabs' employee count trend

Avelabs has 243 employees as of Mar 26. Here is Avelabs's employee count trend over the years:

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Top competitors of Avelabs include Prodrive Technologies, Silicon Mobility and Eurotech. Here is the list of Top 10 competitors of Avelabs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Prodrive Technologies 1993, Eindhoven (Netherlands), Funding Raised	Manufacturer of application-specific embedded products	-	European Investment Bank, HAL & 1 others	55/100
2nd	Silicon Mobility 2015, Valbonne (France), Acquired	Developer of semiconductor and software solutions for electric vehicle powertrains	$10M	Cipio Partners, Capital E & 4 others	55/100
3rd	Eurotech 1992, Udine (Italy), Public	Infrastructure for IoT based device management	-	Herald Investment Management, Europa	49/100
4th	Adlink Technology 1995, Taipei (Taiwan), Public	Provider of embedded systems for diversified applications	-	Europa	49/100
5th	Neousys Technology 2010, Taipei (Taiwan), Public	Manufacturer focuses on self-driving technology for vehicles	-	-	47/100
6th	Klepsydra 2011, Zurich (Switzerland), Seed	Developer of high-performance edge AI software for resource-constrained devices like robots and drones	$2.27M	Spicehaus Partners, Generation Space & 7 others	46/100
7th	Active Silicon 1988, Iver (United Kingdom), Acquired	Manufacturer of imaging products and embedded vision systems	-	-	41/100
8th	RHINO Beijing (China), Series A	Developer of cloud-based embedded chips for the automotive sector	$50M	Xiaomi, Shunwei Capital & 16 others	39/100
9th	Shenzhen Fastprint Circuit Tech 1999, Shenzhen (China), Public	Prototype and low volume PCB manufacturer	-	-	39/100
10th	Magna Telemotive 2000, Muhlhausen (Germany), Acquired	Manufacturer of automotive infotainment parts	-	-	39/100
12th	Avelabs 2012, Cairo (Egypt), Funding Raised	Developer of embedded software solutions for the automotive industry	-	Endure Capital	33/100