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Falak Startups

Egypt Cairo Governorate Founded 2018 Website LinkedIn
Cheque SizeUp to $2M
Stages3
Industries5
Markets1
Stated Portfolio2
Operating Since2018 (8y)

About Falak Startups

Falak Startups is an accelerator program dedicated to empowering early-stage tech entrepreneurs in Egypt. Backed by Egypt Ventures, the venture capital arm of the Egyptian Ministry of International Cooperation, Falak Startups focuses on identifying and nurturing high-potential startups across various sectors, including technology, FinTech, HealthTech, MobilityTech, and SaaS. The program offers comprehensive support, including equity investment, growth hacking, networking, mentorship, training, and a wide array of benefits to help startups scale successfully in the Egyptian market and beyond. The accelerator operates a sector-agnostic approach, aiming to improve startups' product-market fit, refine their business and revenue models, expand their customer base, and secure follow-on investments. With a ticket size of up to 2,000,000 EGP, Falak Startups provides the necessary resources and guidance to help entrepreneurs navigate the challenges of the rapidly evolving entrepreneurial landscape. The program also offers specialized tracks, such as a fintech-focused track, to cater to the diverse needs of startups in different industries. Falak Startups is committed to being a constant advisor and advocate for all its portfolio companies, offering ongoing support throughout their journey. By fostering a collaborative environment and leveraging its extensive network, the accelerator plays a pivotal role in advancing Egypt's position as a regional innovation hub, contributing to the growth and success of the country's entrepreneurial ecosystem.

Investment Mandate

Investment Stages3

Asset Classes1

Geographical Focus

Requirements

Innovative tech startups in Egypt, Early-stage companies seeking funding and mentorship

Stated Portfolio2

As reported by the investor. 2 of 2 names match a profile on this platform and links through. The rest are printed as stated.

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Profile

TypeVenture Capital
CountryEgypt
CityCairo Governorate
Founded2018
Maximum Cheque$2M