Cubit Ventures

Cubit Ventures is a venture capital investment firm established in 2021 and based in Cairo, Egypt. The firm specializes in backing seed-stage and early-stage technology startups, particularly those driving digital transformation in North Africa and the Middle East. With a focus on sectors such as financial services, healthcare, information technology, and consumer products, Cubit Ventures aims to support companies that contribute to the region's rapid economic growth. The firm maintains a strategic partnership with the Founder Institute, providing its portfolio companies access to a vast network of mentors and investors, enhancing their potential for success in the competitive tech landscape.

Rafeh Saleh

Founding Partner

Ehab Shoukry

Partner

Past deals in Egypt

Rology

Seed Round in 2022
Rology is a teleradiology platform based in Cairo, Egypt, founded in 2017. The company addresses the global shortage of radiologists by efficiently matching hospitals with available radiologists based on their specializations. This service aims to reduce latency in reporting times for medical examinations such as CT and MRI scans, which have seen increased demand. Rology's platform enhances radiologists' productivity by incorporating an AI-powered DICOM reader, allowing for quicker case reviews and improved patient outcomes. By facilitating timely and remote consultations, Rology plays a crucial role in ensuring that patients receive prompt diagnostic reports regarding their health issues.

ILLA

Seed Round in 2021
ILLA is a logistics company based in El Dokki, Egypt, specializing in middle-mile delivery services for fast-moving consumer goods (FMCG) companies. Founded in 2017, ILLA employs a digitized approach to manage the delivery process, enhancing efficiency from planning to execution. The company offers services tailored to both modern and traditional trade, as well as internal supply needs. By leveraging a diverse network of trucks with varying capacities, ILLA functions as an internal fleet for its clients, providing them with complete control and visibility over their logistics operations. This dynamic solution enables FMCG companies to effectively navigate the challenges of delivering products to various retail and non-retail outlets, ultimately driving sales growth.
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