portfolio – Sawari Ventures

Our Portfolio

We are investing in trailblazing companies and their founders, transforming industries, disrupting the status quo, and finding technology-based solutions for some of the critical issues their ecosystems face. To date, we have invested in 19 extraordinary startups and two seed stage vehicles in Egypt, Tunisia, and Morocco, re-shaping their respective industries and markets. We have had the privilege to work with an exceptional set of diverse founders, and always strive to bring our expertise, operational support, and value-add to the companies we work with.

ADVA

Industry: Fintech

Year founded: 2020

Location of operations: Egypt

ADVA

ADVA is a mobile application designed in a smart way to help everyone install any needed service with installment plans tailored to the customer’s needs. Customers will enjoy the best services in health, education, and insurance with the strongest network through an easy and simple process with just one click through ADVA application.

Almentor

Industry: EdTech

Year founded: 2016

Location of operations: Egypt

Almentor

Almentor is a cutting-edge online video marketplace for e-learning and professional people development throughout the Middle East and Africa. It offers video courses and motivational/informative talks in Arabic and English. Also, it curates top-rated training programs of expert-created content and guided curriculum with interactive delivery.

 

AxisPay

Industry: FinTech

Year founded: 2021

Location of operations: Egypt

AxisPay

AxisPay is an Egyptian fintech company that builds digital products to help increase accessibility to financial tools. It gives the facility to pay through one of the many options like cash, cheque, neft/rtgs, credit/debit cards, and net banking.

blnk

Industry: FinTech

Year founded: 2020

Location of operations: Egypt

blnk

Blnk is a fintech company with a mission of enabling inclusion through point-of-sale financing. Fewer than 4% of Egyptians have access to credit cards and can only afford to purchase products/services with cash that they have saved or are forced to borrow from hard money lenders at high interest rates. Blnk is changing this by enabling all consumers to instantly receive credit within minutes at their favorite merchants.

Brantu

Industry: E-commerce & enabling technology

Year founded: 2019

Location of operations: Egypt

Brantu

Brantu is a creative fashion brand made by and for the social generation. Brantu’s clothes are made to always offer cool pieces with prices that won’t break the bank. Brantu is on the mission to build the most integrated fashion operating system by digitizing the fashion demand and supply chain connecting brands, retailers, and manufacturers in frontier markets under a single technology stack.

Elves

Industry: Tourism

Year founded: 2017

Location of operations: Egypt

Elves

Elves is a travel app that helps you experience exciting destinations safely with the knowledge and support of local travel experts (the elves) available to chat 24/7. Local experts know their hometowns inside and out and are here to support you in every step of your trip – from planning to making arrangements, to giving you local insights and recommendations, the elves help you navigate from the moment you decide to travel and throughout your trip.

ExpandCart

Industry: E-commerce & enabling technology

Year founded: 2013

Location of operations: Egypt

Expandcart

ExpandCart is the fastest-growing Arabic ecommerce platform in the Middle East. Over the past couple of years, ExpandCart acquired hundreds of clients ranging from individuals & small companies to enterprise-level corporations, creating impressive traction and success for clients. One platform to sell, ship, and market your products on the web, on social media channels, and through a mobile app, with tons of built-in features, apps, tools, and services.

Fatura

Industry: FinTech

Year founded: 2019

Location of operations: Egypt

Fatura

EXITED

Fatura is a fintech-enabled B2B marketplace. Established in 2019, Fatura connects the suppliers (manufacturers, distributors, and wholesalers) with retailers across 23 governorates in Egypt, enabling price transparency, financial inclusion, and access to real-time and accurate data. In the FMCG sector alone, Fatura has more than 1000 suppliers selling to more than 40,000 retailers in a range of 10,000+ unique SKUs. Fatura is growing across
verticals as well as across industries while leading the way to become the 1st application serving the full traditional trade cycle.

Flat6Labs Cairo

Industry: Accelerator Program

Year founded: 2011

Location of operations: Egypt

Flat6Labs Cairo

Flat6Labs Cairo Seed Program fosters and invests in bright and passionate Egyptian entrepreneurs with cutting-edge ideas. Launched in 2011 as the first Flat6Labs office in the MENA region, Flat6Labs Cairo supports and encourages entrepreneurs throughout the critical first steps of development. Each cycle, Flat6Labs selects 8-10 promising teams to join the Flat6Labs Cairo Seed Program.

Flat6Labs Tunis

Industry: Accelerator Program

Year founded: 2017

Location of operations: Tunisia

Flat6Labs Tunis

Anava Seed Fund is an investment vehicle focused on investing in companies with a high potential for growth within innovation-based and knowledge-driven industries in Tunisia, investing in ICT, Education and Healthcare Technology, Digital Content and Online Media, Consumer Internet, and Solutions for Financial Services and Payments (FinTech).

Fulfillment Bridge

Industry: Logistics & transportation

Year founded: 2016

Location of operations: Tunisia

Fulfillment Bridge

Fulfillment Bridge is a leading all-in-one logistics provider for eCommerce businesses. Not only does Fulfillment Bridge facilitate the supply management process, but it empowers sellers all around the world to initiate, develop, and expand their businesses with smart technology, world-class support, and powerful solutions.

Goodsmart

Industry: E-commerce & enabling technology

Year founded: 2013

Location of operations: Egypt

Goodsmart

GoodsMart offers you access to order a wide variety of products covering almost everything your household needs through its smart app. GoodsMart also provides you with reliable daily delivery for your orders while ensuring your safety through its innovative unattended delivery solutions.

Kashier

Industry: Fintech

Year founded: 2017

Location of operations: Egypt

Kashier

Kashier is a digital payment platform that aims
to grow your business by enabling fast, easy and secure acceptance of digital payments from your customers and partners. Kashier celebrates achievement when digital services enable your business to interact with the growing digital economy, adding direct value to your bottom line.

MoneyFellows

Industry: FinTech

Year founded: 2018

Location of operations: Egypt

MoneyFellows

MoneyFellows is a collaborative Group Lending and Savings Platform. It is a trusted and more convenient way of finding and managing Money Circles online, by digitizing the traditional, informal offline ROSCA (Rotating Savings and Credit Association) Model, allowing users to meet their financial and saving needs.

Pearl

Industry: Deeptech

Year founded: 2020

Location of operations: Egypt

Pearl

A fabless semiconductor company specializing in high-performance Reference Clocks and Timing ICs. Pearl’s products are based on innovative manufacturing and patented IC design technologies achieving outstanding performance. Pearl Semiconductor aims to be the leading supplier of high performance reference clocks and Timing ICs serving the most demanding industrial, networking, telecom, and automotive applications.

Proteinea

Industry: Deeptech

Year founded: 2020

Location of operations: Egypt

Proteinea

Proteinea is making protein-therapeutics accessible
to everybody through innovative protein design and production methods using nature’s own machinery. Through Proteinia’s state-of-the-art platform technology, we’re catalyzing the jump from bench to market. From Data and AI-guided protein design to soft bioreactor protein production, Proteinea integrates engineering with biology and molecular sciences to accelerate building with biology.

Si-Ware

Industry: Deeptech

Year founded: 2004

Location of operations: Egypt, International

Si-Ware

Si-Ware’s NeoSpectra all-in-one, universal material analysis solution platform, built on a family of single-chip FT-NIR spectrometers, enables businesses to bring the lab to the field and makes the concept of analyzing anywhere with high return on investment a reality. Combining portable analyzers that have unprecedented performance and accuracy with the NeoSpectra Lab Store, a secure place to discover and download test methods developed by FT-NIR technology experts such as laboratories, researchers, universities, and companies, Si-Ware’s solutions deliver instant insights to industries such as agriculture, food, life sciences, and others.

SWVL

Industry: Logistics & transportation

Year founded: 2017

Location of operations: Egypt, Kenya, Pakistan

SWVL

Swvl is a global provider of transformative tech-enabled mass transit solutions that enhance mass transit safety, reliability, and convenience in some of the world’s most challenging and complex emerging markets. The differentiated proprietary technology stack features dynamic routing of high-capacity vehicles allowing unprecedented vehicle utilization and earnings levels for drivers and massively reduced walk to station distances and prices for riders.

Legacy Investments

KNGINE

Year founded: 2008

ACQUIRED

KNGINE is a natural language search engine that seeks to return meaningful and direct results to its users’ inquiries based upon its semantic technologies. After winning a startup competition, Kngine approached Sawari Ventures for investment. Kngine used the funding to launch a beta mobile application in June 2012 to showcase core technologies. In 2013, the product was further developed and achieved superior performance evaluations when compared to EVI, SIRI and Wolfram Alpha in third party benchmark testing. The company attracted international attention from investors and technology companies and was eventually acquired by Samsung in 2018.

Instabug

Year founded: 2012

Location of operations: Egypt

EXITED

Instabug is a software company that provides mobile app creators with tools such as bug detection, performance monitoring, crash reports, and more. The company joined the second batch of start-ups in the Flat6Labs Cairo acceleration program in 2012. In 2013, Instabug entered the MIT Enterprise Forum start-up competition, winning first place. In 2016, Instabug was accepted into the Y-Combinator program and later that year raised funding. Since then Instabug has reached over 25,000 companies and established numerous reputable partnerships with companies like Verizon, Airbnb, Spotify and more.