Acasia Ventures is a venture capital firm established in 2011 and headquartered in Cairo, Egypt, with additional offices in Dubai, United Arab Emirates. The firm specializes in investing in early-stage companies across the Middle East and Africa, focusing on innovative and scalable solutions. Acasia Ventures primarily targets seed and early-stage investment opportunities, particularly in tech-driven and tech-enabled startups at the pre-Seed to pre-Series A stages. Additionally, Acasia Angels, an affiliated angel investing platform, facilitates investments from a global network of angel investors who support early-stage startups in the region. Through these initiatives, Acasia Ventures aims to foster entrepreneurship and contribute to the development of future market leaders.
Pharmacy Mart is an online business-to-business marketplace established in 2021 and based in Cairo, Egypt. The platform facilitates pharmacists in obtaining daily prescriptions and medications from various suppliers, allowing them to access a wide range of pharmacy supplies efficiently. By integrating fintech and logistics, Pharmacy Mart provides a user-friendly interface where medical suppliers can list their products, enabling pharmacists to find suitable offers for their daily supply needs. The service also includes discounts and eliminates delivery charges, making it a cost-effective solution for pharmacy operations.
The Fashion Kingdom
Seed Round in 2022
The Fashion Kingdom is an online e-commerce platform specializing in apparel, health, and beauty products. The company offers a diverse range of items, including shirts, jeans, jackets, sweatshirts, hoodies, knitwear, swimwear, activewear, liquid lipstick, fragrances, and accessories. Catering to various age groups and genders, The Fashion Kingdom aims to provide customers in Egypt with quality outfits and value-for-money products. Customer inquiries are efficiently handled through online applications, enhancing the shopping experience.
Kashat
Seed Round in 2022
Kashat is a mobile financial services company in Egypt that focuses on meeting the financial needs of the unbanked and underbanked populations. It offers instant, small loans through a user-friendly mobile app, allowing customers to access microloans conveniently. By utilizing alternative cellular data for underwriting, Kashat serves individuals who have never had access to credit, helping them establish a financial identity and build a credit history. Once approved for a loan, customers can withdraw funds via mobile wallets and other digital payment methods. Kashat's operations are fully digital and are regulated by the Financial Regulatory Authority in Egypt, ensuring compliance and security in its financial services.
Orcas
Seed Round in 2022
Orcas is a hybrid tutoring platform with tailored learning plans for K-12 students in MENAP (Egypt, KSA, and Pakistan).
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