{"id":591807,"date":"2019-12-17T04:44:43","date_gmt":"2019-12-17T04:44:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/innoventures-launches-egp-100-mn-tech-startup-investment-fund\/"},"modified":"2019-12-17T04:44:43","modified_gmt":"2019-12-17T04:44:43","slug":"innoventures-launches-egp-100-mn-tech-startup-investment-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/innoventures-launches-egp-100-mn-tech-startup-investment-fund\/","title":{"rendered":"Innoventures launches EGP 100 mn tech startup investment fund"},"content":{"rendered":"<p>Innoventures has established a EGP 100 mn investment fund to invest in local tech startups, partner Rafik Dalala <a href=\"http:\/\/bit.ly\/2rIu2jV\">told Al Mal<\/a>. The fund has raised EGP 12 mn so far, with EGP 4 mn coming from the Information Technology Industry Development Agency. The company plans to launch another USD 50 mn fund in Mauritius, Dalala said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Innoventures has established a EGP 100 mn investment fund to invest in local tech startups, partner Rafik Dalala told Al Mal. The fund has raised EGP 12 mn so far, with EGP 4 mn coming from the Information Technology Industry Development Agency. The company plans to launch another USD 50 mn fund in Mauritius, Dalala [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,72,3095,1635,639],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591807","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","tag-innoventures","tag-itida","tag-technology","wpautop","entry"],"acf":{"mongo_id":"94937171-3845-44df-96ff-02409b1b2f28","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[591774],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Innoventures launches EGP 100 mn tech startup investment fund - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/innoventures-launches-egp-100-mn-tech-startup-investment-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innoventures launches EGP 100 mn tech startup investment fund\" \/>\n<meta property=\"og:description\" content=\"Innoventures has established a EGP 100 mn investment fund to invest in local tech startups, partner Rafik Dalala told Al Mal. The fund has raised EGP 12 mn so far, with EGP 4 mn coming from the Information Technology Industry Development Agency. The company plans to launch another USD 50 mn fund in Mauritius, Dalala [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/innoventures-launches-egp-100-mn-tech-startup-investment-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-17T04:44:43+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/innoventures-launches-egp-100-mn-tech-startup-investment-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/innoventures-launches-egp-100-mn-tech-startup-investment-fund\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Innoventures launches EGP 100 mn tech startup investment fund\",\"datePublished\":\"2019-12-17T04:44:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/innoventures-launches-egp-100-mn-tech-startup-investment-fund\/\"},\"wordCount\":60,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\",\"Innoventures\",\"ITIDA\",\"technology\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/innoventures-launches-egp-100-mn-tech-startup-investment-fund\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/innoventures-launches-egp-100-mn-tech-startup-investment-fund\/\",\"name\":\"Innoventures launches EGP 100 mn tech startup investment fund - 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Bringing this investor aboard would allow the fund to invest in GCC-based startups alongside its focus on Egypt, Dalala\u2026","rel":"","context":"In &quot;SPEED ROUND: STARTUP WATCH&quot;","block_context":{"text":"SPEED ROUND: STARTUP WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/443.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571601,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/innoventures-in-talks-with-potential-lps-to-raise-usd-100-mn-fund-for-food-startups\/","url_meta":{"origin":591807,"position":1},"title":"Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups","author":"enterpriseam admin","date":"18 May 2020","format":false,"excerpt":"INVESTMENT WATCH- Innoventures in talks with potential LPs to raise USD 100 mn fund for food startups: Local startup investor Innoventures is raising a USD 100 mn fund targeting food startups and is in talks with potential limited partners including UK\u2019s CDC Group and global giant Blackstone, co-founder Rafik Dalala\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554019,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/aim-technologies-closes-sequence-ventures-led-seed-round\/","url_meta":{"origin":591807,"position":2},"title":"AIM Technologies closes Sequence Ventures-led seed round","author":"enterpriseam admin","date":"16 December 2021","format":false,"excerpt":"AIM Technologies closes Sequence Ventures-led seed round: Cairo-based AIMTechnologies has raised an undisclosed amount during a seed round led by local VC firm Sequence Ventures, according to a joint statement (pdf) out yesterday.This is the first investment in Sequence\u2019s Egypt Deep-Tech fund, which was launched earlier this quarter to channel\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/367.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591723,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/15\/eleven-startups-to-graduate-from-startup-reactors-seventh-cycle\/","url_meta":{"origin":591807,"position":3},"title":"Eleven startups to graduate from Startup Reactor\u2019s seventh cycle","author":"enterpriseam admin","date":"15 December 2019","format":false,"excerpt":"Eleven startups will graduate from the seventh cycle of Innoventures\u2019 Startup Reactor program at the Startup Nova conference tomorrow in Alexandria, according to the local press. 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