About Camel Ventures
Camel Ventures is a venture capital firm founded in 2020. It is primarily based out of Egypt. As of Aug 2025, Camel Ventures is an active investor, having invested in 10 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Egypt based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and FinTech. Most recently it participated in the $***** Seed round of Suplyd A lot of funds co-invest with Camel Ventures, with names like Plug and Play Tech Center sharing a substantial percentage of its portfolio. Camel Ventures has team of 7 people including 4 partners.Key Metrics
Camel Ventures' List of Top Investments
Camel Ventures has a portfolio of 10 companies. Their most notable investments are in Suplyd and Suplyd.Their portfolio spans across Egypt, Brazil, Malta and 1 more locations. They have invested in Enterprise Applications, Consumer, FinTech and 7 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Camel Ventures:
1. Bluworks
SaaS platform offering HR solutions for frontline and blue collar employees. The platform focuses on helping companies with scheduling and facilitating employee management. It aims to streamline scheduling, attendance tracking, leave management, bonuses and deductions, payroll, internal communication, and more.
Key facts about Bluworks
- Founded Year: 2022
- Location: Malta
- Stage: Seed
- Total Funding till date: $2M
- Employee Count: 37 as on May 31, 2026
- Investors: Khwarizmi Ventures, A15 and 4 Others
- Latest Funding Round: Seed, Nov 28, 2025, $*****
- Highlight: Editors' Pick
2. Cartona
Operator of a B2B e-commerce marketplace connecting retailers and suppliers. The platform enables retailers to browse and order merchandise. It facilitates connections between retailers, fast-moving consumer goods producers, and wholesalers. The platform offers an interface intended to streamline purchasing. It provides tools for suppliers to manage inventory and track orders.
Key facts about Cartona
- Founded Year: 2019
- Location: Giza (Egypt)
- Stage: Series A
- Total Funding till date: $22.1M
- Employee Count: 335 as on May 31, 2026
- Investors: Algebra Ventures, T5 Capital and 9 Others
- Latest Funding Round: Series A, Jul 30, 2024, $*****
- Highlight: Editors' Pick
3. Sylndr
Online dealer of used cars. It is an eCommerce marketplace for buying and selling used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range of high-quality used vehicles accessible across a diverse set of financing solutions.
Key facts about Sylndr
- Founded Year: 2021
- Location: Cairo (Egypt)
- Stage: Series A
- Total Funding till date: $28.3M
- Employee Count: 231 as on May 31, 2026
- Investors: Prosus, Algebra Ventures and 12 Others
- Latest Funding Round: Series A, May 19, 2025, $*****
- Highlight: Editors' Pick
4. Suplyd
Provider of cloud-based supply chain management analytics solutions. It helps operators track real-time analytics and benefit from insights pertaining to procurement.
Key facts about Suplyd
- Founded Year: 2022
- Location: Maadi (Egypt)
- Stage: Seed
- Total Funding till date: $3.6M
- Employee Count: 63 as on May 31, 2026
- Investors: Endure Capital, 4DX Ventures and 5 Others
- Latest Funding Round: Seed, Aug 04, 2025, $*****
- Highlight: Editors' Pick
5. Gabriel
Provider of AI and cloud-based integrated video surveillance systems. It offers security cameras, along with a mobile application for remote monitoring and management. Its features include access history, virtual maintenance routine, real-time videos, and cloud storage.
Key facts about Gabriel
- Founded Year: 2019
- Location: Rio de Janeiro (Brazil)
- Stage: Series A
- Total Funding till date: $19.1M
- Employee Count: 488 as on May 31, 2026
- Investors: SoftBank Group, SoftBank Latin America Fund and 12 Others
- Latest Funding Round: Series A, Jan 11, 2024, $*****
Camel Ventures' Year-on-Year Investment Trends
Camel Ventures has invested in 10 companies over the last 5 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 3 investments. Its most recent first time investment was in Flend and most recent follow-on round was in Suplyd.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 1 | 3 |
2024 | 2 | 0 | 2 |
2023 | 0 | 0 | 0 |
2022 | 4 | 0 | 4 |
2021 | 2 | 0 | 2 |
Camel Ventures' Investments by Stage
Camel Ventures has made 7 investments in Seed stage with an average round size of $2.1M, 2 investments in Series A stage with an average round size of $13.8M and 1 investment in Conventional Debt stage with an average round size of $2.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 7 |
Series A | 2 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
Camel Ventures' Investments by Sector
Camel Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Retail, Consumer, FinTech and Food and Agriculture Tech. Notably, it has invested in 8 Tech companies, 7 Enterprise (B2B) companies, 6 Software companies and at least 3 companies focusing on Marketplace.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Retail | 4 |
Consumer | 3 |
FinTech | 2 |
Food and Agriculture Tech | 2 |
Others | 6 |
Note: We have considered here, only first round of investments
Camel Ventures' Investments by Geography
Camel Ventures has made most investments in Egypt (7), followed by Brazil where it has made 1 investment.Country | No. of Investments |
|---|---|
Egypt | 7 |
Brazil | 1 |
Malta | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Camel Ventures' recent investments
Camel Ventures has not made any investment in 2026 so far.Here are the most recent investments by Camel Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 04, 2025 | Egypt | Seed | 4984 | [+2] | |
Jul 22, 2025 | United States | Seed | 3984 | [+4] | |
May 19, 2025 | Egypt | Series A | 2249 | ||
Jul 30, 2024 | Egypt | Conventional Debt | 2090 | ||
Apr 22, 2024 | Malta | Seed | 4109 | [+1] |
Team profile of Camel Ventures
Camel Ventures has a team of 7 members including 4 Partners, 1 Venture Partner and 1 Principal located in Egypt. Camel Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Camel Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Cairo | - | ||
Partner | Egypt | - | ||
Partner | Egypt | - | - | |
Partner | Cairo | - | - | |
Venture Partner | Egypt | - | - | |
Principal | Egypt | - |
Co-investors of Camel Ventures
Over the past 5 years, 69 investors have co-invested in Camel Ventures's portfolio companies. This includes only funds.
- Invested before Camel Ventures: Silicon Badia, SANAD and 16 others have invested in rounds before Camel Ventures. There is 1 company where Silicon Badia has invested before Camel Ventures and 1 company where SANAD has invested before Camel Ventures.
- Top Co-investors of Camel Ventures: 41 investors entered a company along with Camel Ventures. These include investors like Plug and Play Tech Center (2 companies).
- Invested after Camel Ventures: A total of 10 investors have invested in Camel Ventures's portfolio after their investments. Top Investors include A15 (1 company), Enza Capital (1 company) and Beltone (1 company).
Recent News related to Camel Ventures
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Suplyd Secures $2M to Revolutionize Egypt’s Restaurant Supply ChainTechgist Africa•Aug 19, 2025•Camel Ventures, 4DX Ventures, Seedstars, Suplyd
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Suplyd Raises $2M to Expand Restaurant Procurement Services in EgyptStartup Scene•Aug 04, 2025•Plus VC, Camel Ventures, 4DX Ventures, Seedstars and 4 others
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Flend Secures $3 Million Seed Funding to Expand Digital SME Lending in EgyptTechgist Africa•Aug 04, 2025•Flend, Plus VC, Sukna Ventures, Camel Ventures and 2 others
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Flend raises $3M seed to digitally transform SME lending in EgyptInnovation-village•Jul 22, 2025•Flend, Egypt Ventures, Camel Ventures, Sukna Ventures and 3 others
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Flend Secures $3M Seed Funding to Expand Digital SME Finance in EgyptMeatechwatch•Jul 22, 2025•Flend, Egypt Ventures, Camel Ventures, Sukna Ventures and 1 other
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Sylndr Secures $15.7M Series A Funding to Revolutionize Egypt's Used Car MarketIncubees•May 23, 2025•Sylndr, Development Partners International, Algebra Ventures, Nuwa Capital and 4 others
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Egypt’s Cartona Raises An $8.1m Series A Extension To Provide Retailers With Working CapitalTechpoint.Africa•Jul 30, 2024•Cartona, Algebra Ventures, SANAD, GlobalCorp and 2 others
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Egypt’s Cartona raises $8.1M as investors shy away from B2B e-commerce in Africanewsnetdaily.com•Jul 30, 2024•Cartona, Algebra Ventures, Silicon Badia, SANAD and 3 others
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Bluworks Secures $1 Million in Initial Funding to Expand HR Tech InnovationsTech In Africa•May 17, 2024•Bluworks, Khwarizmi Ventures, Camel Ventures, Acasia Ventures
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Bluworks, an Egyptian HR tech startup, has raised $1 million in a pre-seed funding roundTechgist Africa•May 04, 2024•Bluworks, Khwarizmi Ventures, Camel Ventures, Acasia Ventures and 1 other
