Morpho closes its first two transactions: Newly-launched private equity firm Morpho Investments has deployed capital into two agriculture projects, according to a statement (pdf). These investments follow Morpho Investment’s first USD 55 mn close of its inaugural fund earlier this week.

The first project: Morpho — in partnership with Hassan Allam Holding — will co-invest in the Jinet Agriculture, an agricultural development park covering 14.2k feddans in West Minya that aims to “bolster Egypt’s food security, drive export capabilities, and foster industrial-scale agricultural processing,” according to the statement. The project will provide farmers and exporters with access to land plots, as well as modern technology and infrastructure, to support crop cultivation, Bloomberg reports.

The second project: Morpho also invested in Agriventures, a berry-focused precision agriculture company, to support its expansion into Saudi Arabia and Oman. The fresh funds will help Agriventures secure exclusive rights to grow, sell, and market berries in both countries.

What they said: “We are proud to have transitioned from fundraising to value creation within the same early phase of our journey. In regions undergoing dynamic economic reform, disciplined deployment is critical. We remain steadfast in partnering with businesses that can navigate these changes and emerge as future regional leaders,” Co-Founder and Managing Partner Ayman Soliman said.

And there’s more to come: Morpho is currently conducting due diligence on a healthcare services company, having recently signed a term sheet. The target firm has plans to grow its footprint across Saudi Arabia, Morocco, and Romania. Details about the company and the size of the investment have not been disclosed.

REMEMBER- The PE focuses on sectors underpinning real economic growth — manufacturing, food, logistics, and healthcare.

What’s next? The firm will get started on Morpho Fund I’s second close in 4Q 2025, Co-Founder and Managing Partner Ihab Rizk previously told us. It aims to raise an additional USD 45 mn to hit the USD 100 mn mark, Soliman told us.

An eye on Africa: Morpho Investments is eyeing potential investments in North Africa and the wider African continent, Rizk added.