Cairo – Foundation Ventures (FV) is a regional venture capital firm founded in 2019 and is managed by Mazen Nadim, Omar Barakat, and Ziyad Hamdy, in partnership with HOF Capital, a US-based VC firm, and BPE Partners, Egypt’s leading private equity company.
Foundation Ventures (FV) backs the best-in-class founders building high-impact new technology companies.
FV aims to add value with its investment strategy revolving around leveraging the resources of its Limited Partners and Enterprise Partners allowing companies to unlock immediate growth.
The network includes some leading enterprises across a wide range of industries that help the portfolio companies expand their geographical and market reach, product offering, access to industry experts and leaders, and business development.
By working closely with the founders, FV is also able to support the startups’ fundraising activities.
Foundation Ventures’ first fund is focused on early-stage investments ranging from Pre-Seed to Series A.
The fund is backed by some of the largest family offices and business leaders from Egypt and the MENA region.
The strategy is the first of its kind in Egypt, utilizing local know-how and private capital to support & build solid foundations for its portfolio.
FV has Lead and Co-Lead four highly sought after deals during its initial deployment, investing in two Fintech companies, Capiter & Nowpay, one in consumer internet/entertainment, Minly, and one in logistics (operating in stealth).
FV is pleased to have co-invested alongside an exceptional syndicate of 12 regional and international VCs.