Sawari Ventures I

Sawari Ventures is a venture capital firm based in Cairo, Egypt, focused on harnessing the investment potential of the Middle East and North Africa region. Recognizing the area's unique demographic advantages, including a large population of digital natives and higher per capita GDP than many emerging markets, Sawari Ventures aims to capitalize on the growing demand for consumer technology products and services. The firm specializes in identifying and supporting local visionaries in the technology sector, particularly in mobile, internet, social media, and eCommerce. With a deep understanding of the regional culture and business landscape, Sawari Ventures leverages its extensive experience and global relationships to transform innovative local ideas into successful international ventures.

Wael Amin

Partner

Past deals in Egypt

ADVA

Seed Round in 2022
ADVA is the first online service installment platform in Egypt.

GoodsMart

Venture Round in 2021
GoodsMart is a mobile application developed to facilitate online grocery shopping and delivery. Founded in 2013 and headquartered in Cairo, Egypt, the platform aggregates local grocery stores, allowing users to purchase groceries, personal care, and home care products conveniently. GoodsMart aims to provide premium products while ensuring timely delivery, with options for next-day drop-off. The service is designed to help consumers streamline their daily errands, enjoy fresh products, and save money by bringing essential items directly to their homes.

Fatura

Seed Round in 2021
Fatura is a technology platform transforming the fast-moving consumer goods (FMCG) sector in Egypt and Africa since its inception in 2019. It serves as the first application to facilitate the entire FMCG traditional trade cycle, connecting manufacturers and wholesalers directly with retailers. By digitizing the ordering process, Fatura addresses critical challenges within the traditional FMCG framework, while also enhancing retailers' cash flow through the option of on-credit purchasing. The platform utilizes data analytics and advanced AI models to evaluate the creditworthiness of retailers efficiently. With a strong presence in Cairo and Giza, Fatura is positioned to become a leading technology provider in the FMCG industry across the region, helping to correct supply-side inefficiencies and providing valuable market intelligence.

Vimov

Series A in 2011
Vimov LLC is a mobile application development company established in 2008 and headquartered in Alexandria, Egypt. It specializes in creating sophisticated yet user-friendly software solutions that enhance the end-user experience. One of its notable products is iSimulate, which allows developers to wirelessly send multi-touch events, accelerometer and compass data, and GPS location information to the iPhone simulator. Additionally, Vimov has developed a weather forecasting application that provides users with daily temperature updates and rain forecasts, helping them stay informed about weather conditions. The company primarily serves software developers and aims to deliver innovative tools that facilitate mobile app development.
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