Disruptech Ventures, one of Egypt’s most active fintech-focused venture capital funds, is preparing to accelerate its impact in 2025 and 2026. The fund is doubling down on portfolio support, fresh investments, and an expanded emphasis on artificial intelligence (AI) alongside cross-sector collaborations that drive scalable innovation.
Founded in 2020 by Mohamed Okasha, former managing director of Egypt’s digital payments giant Fawry, Disruptech has invested in 21 early-stage startups, managing a $36 million fund. Okasha reveals that about two-thirds of the capital is already deployed, with continued investments planned through 2026. Strategic exits are anticipated to begin in 2027, as portfolio companies reach key growth milestones.
“Egypt is not just a large market — it’s a deep reservoir of talent,” Okasha notes. “We see Egyptian entrepreneurs building regionally competitive startups that are also delivering globally innovative solutions. Our strategy remains rooted in backing local talent, within Egypt and across the diaspora.”
Institutional Backing and Capital Leverage
The fund’s backers include global development finance institutions like Proparco and the IFC, each contributing $5 million. Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) also invested $4 million early on, catalyzing over $400 million in follow-on funding for Disruptech-backed ventures. This combination of public and private capital reflects a maturing ecosystem where early-stage VC is successfully de-risked and scaled.
Disruptech’s investment range spans from $250,000 to $1.25 million, averaging $1.2 million per company. Collectively, its portfolio has generated over $450 million in revenues and created 50,000+ jobs across 12 markets — an impressive footprint for a relatively young fund.
From Fintech Roots to AI-Driven Innovation
While fintech remains its core focus, Disruptech has broadened its definition to include adjacent sectors and digital infrastructure. Okasha categorizes portfolio investments across four pillars:
- Financial Infrastructure: Companies like BanknBox and Connect Money develop critical backend rails powering Egypt’s digital finance revolution.
- Financial Services: Startups such as MNT-Halan, Khazna, Lucky, MalBazaar, and Bokra provide consumer credit, insurance, and Sharia-compliant investment products targeting underbanked populations.
- Strategic Sectors: Ventures at fintech intersections including Mozare3 (agritech), i’SUPPLY (healthtech), and Sprints (edtech) highlight cross-sector innovation.
- Emerging Technologies: AI startups like WideBot, an Arabic chatbot builder, and blockchain innovators such as Hamilton exemplify the fund’s forward-looking approach.
“Artificial intelligence will be a central theme for us moving forward,” Okasha emphasizes. “Its capacity to boost operational efficiency, scale solutions, and expand economic participation aligns perfectly with our long-term mission.”
Building an Integrated Innovation Ecosystem
Beyond deploying capital, Disruptech positions itself as an ecosystem enabler. Partner Yahya Abu Al-Wafa highlights emerging synergies among portfolio companies as markers of maturity. For example:
- Bokra partnered with i’SUPPLY to create a revenue-based financing model for pharmacies.
- Connect Money teamed up with agritech Mozare3 to launch a “Farmers Card,” offering digital payments and credit to rural agricultural workers.
