Falak Startups
Venture Round in 2024
Falak Startups is a Cairo-based startup accelerator established in 2018 that focuses on supporting and empowering Egyptian entrepreneurs. It offers a four-month accelerator program designed to foster the growth of startups in various sectors, including auto tech, logistics, health tech, cleantech, agri-tech, and e-commerce. Falak Startups provides essential resources such as funding, mentorship, training, and workspace to help entrepreneurs develop and expand their businesses. The organization is committed to enhancing the startup ecosystem in Egypt by equipping project owners with the necessary tools and skills to compete effectively in the global market.
EFG EV Fintech
Venture Round in 2024
EFG EV Fintech is a Cairo-based accelerator that focuses on fostering the growth of the Fintech ecosystem through investments in startups. By leveraging the financial expertise of EFG Hermes and the entrepreneurial experience of Egypt Ventures, the firm aims to support innovative companies in various sectors, including fintech, insurtech, regtech, proptech, blockchain, and infratech. EFG EV Fintech offers a comprehensive range of services to emerging startups, including funding, mentorship, training, and office space, thereby enhancing their potential for domestic growth and international expansion.
Rology is a teleradiology platform based in Cairo, Egypt, founded in 2017. The company addresses the global shortage of radiologists by providing a solution that efficiently matches radiologists with hospital cases based on their availability and specialization. This platform aims to reduce latency in reporting times, enabling patients to receive timely medical reports. Additionally, Rology enhances radiologists' productivity through an AI-powered DICOM reader, which supports the growing demand for radiology examinations such as CT and MRI. By leveraging technology, Rology facilitates quicker and more effective communication between healthcare providers and radiologists, ultimately improving patient care.
Halan
Venture Round in 2021
Halan is an Egyptian technology company established in 2017, operating a mobile application that caters to various consumer needs through a single platform. The app offers ride-hailing services for two and three-wheeler vehicles, on-demand logistics solutions, food delivery, and goods transportation via motorbikes or cargo tricycles. Halan also facilitates e-payments and microfinance services for its users. It has partnered with prominent fast-food chains in Egypt to provide last-mile delivery services using smart-tech integrated systems. The company aims to enhance convenience and safety for customers while offering incremental business opportunities for drivers, supporting both large organizations and small businesses in their distribution needs.
Fatura is a technology platform established in 2019 that aims to transform the fast-moving consumer goods (FMCG) industry in Egypt and Africa. It serves as a digital solution connecting FMCG manufacturers and wholesalers directly with retailers, streamlining the traditional trade cycle. By digitizing the ordering process, Fatura addresses significant challenges faced by retailers, such as supply-side inefficiencies and access to market intelligence. The platform enables retailers to make on-credit purchases, thereby improving their working capital. Additionally, Fatura employs advanced data analytics and artificial intelligence to assess the creditworthiness of retailers within its network, enhancing financial decision-making for both retailers and wholesalers. With notable traction in Cairo and Giza, Fatura is positioned to become a leading player in the FMCG technology landscape across the region.
Rology is a teleradiology platform based in Cairo, Egypt, founded in 2017. The company addresses the global shortage of radiologists by providing a solution that efficiently matches radiologists with hospital cases based on their availability and specialization. This platform aims to reduce latency in reporting times, enabling patients to receive timely medical reports. Additionally, Rology enhances radiologists' productivity through an AI-powered DICOM reader, which supports the growing demand for radiology examinations such as CT and MRI. By leveraging technology, Rology facilitates quicker and more effective communication between healthcare providers and radiologists, ultimately improving patient care.