News

a forum for investors to find high potential start ups.

  • September 22, 2014
    Will this be the year of Egypt’s $100M deal?new

    The number and size of deals is rising, as is the number of investors. Cairo Angels is about to close its biggest deal ever and is now planning to cap its membership at 100, while venture capital firm Ideavelopers has locked in $16 million USD in investments for three companies in the last year and a half. Will this be

    Read More...

  • April 3, 2014
    Angel investor networks emerging across Africa – Meet the Cairo Angels, Egyptnew

    VC4Africa connects local and global networks of angel investors interested in Africa’s greatest startups. Recently we also had a chance to speak with Hossam Allam, Founder and President of Cairo Angels, the first formal angel investor network in Egypt. Read the interview below. Angel investor networks emerging across Africa – Meet the Cairo Angels, Egypt

    Read More...

  • March 23, 2014
    Egypt’s Women Leaders on the Risenew

    Programs supporting entrepreneurship like Cairo Angels and Wamda have been very successful regionally. Wamda organised “Wamda for Women” roundtables this year in Cairo, Doha, Riyadh and Amman. Rise Egypt, a first major entrepreneurial summit was held in Cairo on November 24-25 was a resounding success. Egypt’s Women Leaders on the Rise

    Read More...

  • December 8, 2013
    Financing Innovation in Egypt: New Models for Engagementnew

    Cairo Angels in 2012 as a not-for-profit introduction service for interested investors to meet and ultimately invest in high-potential Egyptian startups. Cairo Angels’ has in the past 2 years received scores of applications and invested almost $1 million (USD) in eight Egyptian start-ups. Financing Innovation in Egypt: New Models for Engagement

    Read More...

  • November 27, 2013
    Egypt on the rise – How the revolution created a new generation of entrepreneursnew

    Angel investors have also stepped in on the scene and for the first time in Egypt we saw the launch of Cairo Angels headed by Hossam Allam an investor and entrepreneur himself who saw a financial gap in the market and formed the group who are now successfully investing in young promising start-ups. Even private

    Read More...

  • November 27, 2013
    Engaging Egyptians Abroad for Investment: What Will it Take?new

    A recent roundtable discussion hosted by the World Bank and Mercy Corps provided an opportunity to engage with a group of successful Egyptian-Americans with the aim to better understand their perspectives on the opportunities and challenges of investing in Egypt. Impact investors like Mercy Corps and the Cairo Angels work with Egyptian entrepreneurs and start-up

    Read More...

  • November 27, 2013
    Egyptian Startup Makes It Easier To Consume Audio Content In Arabicnew

    Now, the app has announced its second round of investment from KI Angels, Cairo Angels, and an undisclosed third party. Previously, the company took seed angel investment from KI Angels in June 2012. Its new app is available on iOS, Android, Blackberry, and Windows 8 on both mobile and desktop Egyptian Startup Makes It Easier

    Read More...

  • November 27, 2013
    Rise Up Egypt summit brings Egyptian entrepreneurs togethernew

    Injaz-Egypt, Flat6labs, Endeavor Egypt, MIT Enterprise Forum, Cairo Angels, AUC EIP, CultArk, and Mercy Corps Egypt are all among the participating companies in the summit to offer knowledge that pertains to their specific area of expertise. Rise Up Egypt summit brings Egyptian entrepreneurs together

    Read More...

  • November 19, 2013
    RISEUP SUMMITnew

    A few phone calls later we had the buy-in of Hossam Allam at the Cairo Angels, Fares Ghandour at Wamda, Hala Fadel at MiT Pan-Arab Forum, Heba Gamal from Endeavor Egypt and Ramez Mohamed at Flat6Labs. With that core support on-board, bringing everyone else on-board was easy.” RISEUP SUMMIT

    Read More...

  • November 18, 2013
    RiseUp Summit to pamper Egypt’s entrepreneursnew

    A fusion of Injaz Egypt, Flat6Labs, Cairo Angels, Wamda, Endeavor Egypt, MCSBE and many others – could an entrepreneur ask for more? In Egypt’s first entrepreneurial summit, RiseUp plans to bring members of the ecosystem together to provide opportunities for startups. RiseUp Summit to pamper Egypt’s entrepreneurs

    Read More...

  • October 28, 2013
    Egyptian online bookstore focuses on Arabic titlesnew

    Founded in 2010 by Mostafa Abolnasr and Khaled Imam, Books.com.eg raised seed funding from Wamda Capital and Cairo Angels. Egyptian online bookstore focuses on Arabic titles

    Read More...

  • October 24, 2013
    VC4Africa meetup in Cairo, Egypt, “the most vibrant startup scene in the MENA region”new

    “Every kind of entrepreneur is in our network. From the ones who attend competitions to those that get into accelerators, and quite a few that are not in the usual places, but seek us out. In terms of investors we have a close relationship with the Cairo Angels, and we meet regularly with VCs and

    Read More...

  • October 22, 2013
    Cairo Angel @ Rise Up | November 24th at 6pm (invite only)new

    The Cairo Angels will select 8-10 startup teams at Rise Up Summit and many of actively investing angels. The angels are attending to give feedback and, if the opportunity feasible possibly investment. The teams will be chosen in advance by a panel of judges. Cairo Angel @ Rise Up | November 24th at 6pm (invite

    Read More...

  • October 21, 2013
    Egyptian events platform eases networking processnew

    Eventtus, started in June 2011 by three co-founders, is now a team of seven, which last month closed its first funding round – from Vodafone Ventures and Cairo Angels – of EGP 1.2 million (US$175,000). Egyptian events platform eases networking process

    Read More...

  • October 10, 2013
    Egyptian startups unaffected by political turmoil – Cairo Angelsnew

    Egyptian investment group Cairo Angels believes the political situation in Egypt has not affected the country’s techpreneurs as much as might have been expected, with companies innovating around the turmoil. Egyptian startups unaffected by political turmoil – Cairo Angels

    Read More...

  • October 10, 2013
    Cairo Angels Impact Fund to launch this yearnew

    HumanIPO reported last week Cairo Angels had invested almost US$1 million in eight startups since its 2012 formation and had grown into a community of 50 investors. Cairo Angels Impact Fund to launch this year

    Read More...

  • October 7, 2013
    Egyptian event platform Eventtus goes premium after investment from Vodafone, Cairo Angelsnew

    Now they have just secured their first round of funding at EGP 1.2 million (US $174,145) from Vodafone Ventures Egypt and Cairo Angels, which they hope to use to begin formal marketing, launch a new monetization strategy, and expand their reach across the region and the globe. Egyptian event platform Eventtus goes premium after investment

    Read More...

  • October 7, 2013
    Eventtus Raises EGP1.2 mln from Vodafone Ventures Egypt, Cairo Angelsnew

    Vodafone Ventures’ Fund , the investment arm of Vodafone Egypt in cooperation with ‘Cairo Angels’ has pumped EGP 1.2 million investments in ‘Eventtus’ website to organize and present the events on the internet. Eventtus Raises EGP1.2 mln from Vodafone Ventures Egypt, Cairo Angels

    Read More...

  • October 7, 2013
    Cairo Angels invests almost $1m in Egyptian tech startupsnew

    Egyptian investment group Cairo Angels has invested almost US$1 million in eight startups in the last 18 months, and has plans to expand from its predominantly tech interests. Cairo Angels invests almost $1m in Egyptian tech startups

    Read More...

  • October 7, 2013
    Egypt’s Entrepreneurial Revolution: A Community Of Startups Rises From The Ashesnew

    “When the business is not working, they leave the country–that is a worrying development. These are some of the brightest people in the country, they are not satisfied with regular jobs,” says Hossam Allam, founder of Cairo Angels, Egypt’s first network of angel investors. “It does show the magnitude of stakes.” Egypt’s Entrepreneurial Revolution: A

    Read More...

  • September 25, 2013
    Eventtus Raises LE 1.2 Million from Vodafone Ventures Egypt and Cairo Angelsnew

    An outstanding LE 1.2 million has been raised by Eventtus, an event engagement organization, in first-round funding from Vodafone Ventures Egypt and investors from Cairo Angels. Eventtus Raises LE 1.2 Million from Vodafone Ventures Egypt and Cairo Angels

    Read More...

  • September 25, 2013
    Photos: Egypt’s Entrepreneurs Try to Build a New Tech Hub Amid Unrestnew

    As the country has undergone massive political shifts, a new startup culture has bloomed. http://www.theatlantic.com/international/archive/2013/09/photos-egypts-entrepreneurs-try-to-build-a-new-tech-hub-amid-unrest/279792/#”>Photos: Egypt’s Entrepreneurs Try to Build a New Tech Hub Amid Unrest

    Read More...

  • August 25, 2013
    Dancing With Angelsnew

    MENA does not yet have this class of financiers to support young Arab start-ups – although the Cairo Angels are gaining some momentum, as are other bands of angels in the Levant and in the Maghreb region of North Africa. Dancing with Angels

    Read More...

  • August 22, 2013
    Do You Really Need to Write a Business Plan? [poll results]new

    Out of 27 responses, many agreed that startups should prepare a business plan as a set of guidelines to keep the team on track, especially if they’re looking for investment. “If you’re looking for investment, of course,” replied Ivana Daher, the Executive Assistant at The Cairo Angels. “Yes, without a business plan you will get

    Read More...

  • August 20, 2013
    The Cairo Angels in Beirut Telling Their Storynew

    Founder and President of Cairo Angels, Hossam Allam, shared his experiences with around 15 angels in the Arab World over lunch in Beirut, organized by Hala Fadel, chair of the MIT Enterprise Forum Pan Arab, on July 25. He stressed over the importance of the angel network in the region, and the necessity for collaboration

    Read More...

  • August 20, 2013
    Cairo’s ‘Start-up Revolution’new

    Hossam Allam, the founder of Cairo Angels, a group of 50 angel investors who fund high-potential Egyptian startups such as Instabug, said that while the political climate gives some investors cause for concern, “it also makes startups cheap to invest in, and prevents overvaluing of startups”. Compared with Beirut, Dubai or Israel, Allam said he

    Read More...

  • July 7, 2013
    The Cairo Angels Are Looking For a Few Good Startupsnew

    The Cairo Angels are here. No, it’s not a local remake of Charlie’s Angels (can you imagine), but a group of business angels based in Cairo and looking to invest in early stage startups. Many people, not least me, have been saying Egypt needs an organized Angel group to fill the funding gaps Venture Capital

    Read More...

  • July 7, 2013
    Egypt’s Angels Get Serious: Behind the Scenes at a Cairo Angels Pitch Eventnew

    The Cairo Angels (CA) business angel group has been going for about a year now, and I was happy to attend their latest regular pitch session to see how things work behind the scenes. Everyone in attendance agreed not to divulge any details relating to the pitches, so I will of course respect that agreement

    Read More...

  • July 7, 2013
    Investors in Egypt: Who’s Hot, Who’s Notnew

    I’ve spent some time recently finding out what Egyptian entrepreneurs really think about the main players in Egypt’s early stage investment firms, and have created a ranking that offers an honest snapshot of the investment ecosystem. Investors in Egypt: Who’s Hot, Who’s Not

    Read More...

  • July 7, 2013
    Innovators value presence of angels at the tablenew

    The Cairo Angels (CA) business angel group has been going for about a year now, and I was happy to attend their latest regular pitch session to see how things work behind the scenes. Everyone in attendance agreed not to divulge any details relating to the pitches, so I will of course respect that agreement

    Read More...