About Sawari Ventures
Sawari Ventures is a venture capital firm founded in 2010. It is primarily based out of Giza, Egypt. As of Oct 2023, Sawari Ventures has invested in 26 companies. It primarily invests in Series A 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 $***** Series A round of Pearl Semiconductor Overall, Sawari Ventures portfolio has seen 1 IPO and 3 acquisitions including key companies like Swvl, Fatura and ADVA. A lot of funds co-invest with Sawari Ventures, with names like Egypt Ventures sharing a substantial percentage of its portfolio. Sawari Ventures has team of 19 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 2 more
Portfolio IPOs
Portfolio Soonicorns
Sawari Ventures' List of Top Investments
Sawari Ventures has a portfolio of 26 companies. Their most notable investments are in Expand Cart and Pearl Semiconductor.Their portfolio spans across Egypt, United States, China and 5 more locations. They have invested in Enterprise Applications, Consumer, FinTech and 16 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by Sawari Ventures:_1581686511122.png?format=webp&height=120&width=120){kind=logo}
1. Swvl
App-based platform for shuttle services. It offers a platform where users can book buses and vans which can be shared by users going the same routes. It offers features like real-time tracking, variant payment options, etc. It also extends its services for businesses. The mobile app is available for iOS and Android devices.
Key facts about Swvl
- Founded Year: 2017
- Location: Cairo (Egypt)
- Stage: Public
- Total Funding till date: $100M
- Employee Count: 591 as on Mar 31, 2026
- Investors: MSA Capital, VNV Global and 28 Others
- Latest Funding Round: Post IPO, Feb 07, 2025, $*****
- Highlight: Public
2. MoneyFellows
App-based social savings and lending platform. It provides a platform for managing the rotating savings and credit groups. Its features include an online platform that allows people to form circles on the app to pool money using periodic payments. Its application is available on the Android platform.
Key facts about MoneyFellows
- Founded Year: 2014
- Location: Cairo (Egypt)
- Stage: Series C
- Total Funding till date: $60M
- Employee Count: 130 as on Jul 01, 2024
- Investors: British International Investment, Development Partners International and 17 Others
- Latest Funding Round: Series C, May 05, 2025, $*****
- Highlight: Editors' Pick
3. Adva
Provider of enterprise networking equipment. It offers products such as optical transport, packet edge, aggregation management, disaggregated networking, network virtualization, network infrastructure assurance, timing and synchronization, automated network management, and customer services.
Key facts about Adva
- Founded Year: 1994
- Location: Munich (Germany)
- Stage: Series A
- Total Funding till date: $10M
- Employee Count: 399 as on Dec 31, 2022
- Investors: EIP, HW Capital and 4 Others
- Latest Funding Round: Unattributed, Jun 10, 2022, $*****
4. Instabug
Provider of agentic mobile observability platform for application performance management. The platform captures data, errors, and user feedback to provide insights. It offers automated fixes, root cause analysis, and release management. The platform aims to detect, diagnose, and resolve issues before user impact.
Key facts about Instabug
- Founded Year: 2012
- Location: Palo Alto (United States)
- Stage: Series B
- Total Funding till date: $54M
- Employee Count: 247 as on Feb 28, 2026
- Investors: Insight Partners, Endeavor and 13 Others
- Latest Funding Round: Series B, May 17, 2022, $*****
- Highlight: Editors' Pick
5. Almentor
Online platform providing management and self-development courses. It provides video-based courses on various topics which include leadership basics, life skills, English language, project management, pricing management, and more. It also offers informative and motivational videos. The revenue is based on the pay-per-course model. Its mobile app is available for Android and iOS devices.
Key facts about Almentor
- Founded Year: 2016
- Location: Dubai (United Arab Emirates)
- Stage: Series C
- Total Funding till date: $24.5M
- Employee Count: 51 - 200 as on Jul 01, 2024
- Investors: e&, Partech Partners and 5 Others
- Latest Funding Round: Series C, Mar 16, 2023, $*****
- Highlight: Editors' Pick
Sawari Ventures' Year-on-Year Investment Trends
Sawari Ventures has invested in 27 companies over the last 15 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Pearl Semiconductor and most recent follow-on round was in Almentor.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 1 | 2 |
2022 | 4 | 2 | 6 |
2021 | 3 | 1 | 4 |
2020 | 4 | 2 | 6 |
2019 | 1 | 1 | 2 |
2018 | 1 | 0 | 1 |
Sawari Ventures' Investments by Stage
Sawari Ventures has made 8 investments in Series A stage with an average round size of $4.58M, 5 investments in Seed stage with an average round size of $6.39M, 2 investments in Series B stage with an average round size of $16.8M and 1 investment in Unattributed stage.Stage of entry | No. of Investments |
|---|---|
Series A | 8 |
Seed | 5 |
Series B | 2 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Sawari Ventures' Investments by Sector
Sawari Ventures has a diverse portfolio, with companies operating in the Consumer, FinTech, Retail, Enterprise Applications and Financial Services. Notably, it has invested in 23 Tech companies, 13 Consumer (B2C) companies, 12 Enterprise (B2B) companies and at least 6 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 6 |
FinTech | 3 |
Retail | 3 |
Enterprise Applications | 2 |
Financial Services | 2 |
Others | 17 |
Note: We have considered here, only first round of investments
Sawari Ventures' Investments by Geography
Sawari Ventures has made most investments in Egypt (9), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Egypt | 9 |
United States | 2 |
China | 1 |
Germany | 1 |
Netherlands | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Sawari Ventures' recent investments
Sawari Ventures has not made any investment in 2026 so far.Here are the most recent investments by Sawari Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 16, 2023 | Netherlands | Series A | 7653 | [+1] | |
Mar 16, 2023 | United Arab Emirates | Series C | 1948 | [+4] | |
Nov 10, 2022 | Egypt | Seed | 2889 | ||
Nov 10, 2022 | China | Seed | 9229 | [+1] | |
Oct 30, 2022 | Egypt | Series B | 5146 | [+7] |
IPOs and Publicly Listed companies in Sawari Ventures' Portfolio
1 of Sawari Ventures' portfolio company became public - Swvl. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Mar 2021 at marketcap of $4.77MHere are Sawari Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 31, 2021 | Nov 22, 2018 | Series B | 9812 |
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Acquired companies in Sawari Ventures' Portfolio
3 companies from Sawari Ventures' portfolio have been acquired. The most recent acquisition were Fatura in May 2025 by Maxab.Here are Sawari Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 19, 2025 | Jul 24, 2021 | Series A | 2719 | |
Apr 03, 2025 | Jun 09, 2022 | Seed | 7600 | |
Oct 01, 2017 | May 30, 2012 | Seed | 6340 |
Team profile of Sawari Ventures
Sawari Ventures has a team of 19 members including 4 Partners and 3 Principals located in Egypt, France and 1 more location. Sawari Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Sawari Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Egypt | - | ||
Partner | Egypt | - | ||
Partner | Egypt | - | ||
Partner | Egypt | - | ||
Principal | Egypt | - | ||
Principal | Paris | - | ||
Principal | Dakar | - |
Co-investors of Sawari Ventures
Over the past 15 years, 65 investors have co-invested in Sawari Ventures's portfolio companies. This includes funds and angels.
- Invested before Sawari Ventures: Dubai Angel Investors, BECO Capital and 22 others have invested in rounds before Sawari Ventures. There are 2 companies where Dubai Angel Investors has invested before Sawari Ventures and 1 company where BECO Capital has invested before Sawari Ventures.
- Top Co-investors of Sawari Ventures: 14 investors entered a company along with Sawari Ventures. These include investors like Egypt Ventures (3 companies).
- Invested after Sawari Ventures: A total of 27 investors have invested in Sawari Ventures's portfolio after their investments. Top Investors include VNV Global (1 company), Endeavor (1 company) and Autotech Ventures (1 company).
Recent News related to Sawari Ventures
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InfiniLink, an Egyptian Semiconductor Startup Raises $10 Million in Seed FundingTechgist Africa•Apr 17, 2025•InfiniLink, Silicon Badia, Global Ventures, Sawari Ventures
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Sawari Ventures set to launch its second fund with a target of $200 millionTechMoran•Nov 04, 2024•Sawari Ventures
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Sawari Ventures to back more African startups with new $200 million fundTechpoint.Africa•Oct 22, 2024•Sawari Ventures
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Sawari Ventures Bets on Egyptian Startups with Upcoming $150 Million FundBitcoinke•Feb 28, 2024•Sawari Ventures
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Almouneer, an Egyptian healthtech company, has raised $3.6 million in a seed roundTechgist Africa•Nov 08, 2023•Almouneer, Thebridgefund, Proparco, Digital Africa and 5 others
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Egypt’s Axis launches AxisPay mobile wallet after its $8.25m seed roundWAYA Media•May 23, 2023•AxisPay, Visa, Tiger Global Management, Sawari Ventures and 4 others
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Almentor raises $10 million to accelerate its growth in North Africa and the Middle EastEcofin Agency•Mar 17, 2023•Almentor, e&, Endure Capital, Partech Partners and 3 others
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almentor secures a $10mn investment round led by e& capital to bridge the education gap for 10 million Arabic speakers.Almentor•Mar 16, 2023•Almentor, e&, Partech Partners, Sawari Ventures and 5 others
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Egyptian fintech Blnk raises $32 million in equity, debt fundingTechMoran•Nov 11, 2022•Blnk, Sawari Ventures, Banque du Caire
