Launched in March 2020 at the kick-off of the pandemic in Egypt, SoTech currently develops digital transformation systems and software that help medical staff to better manage clinics
Investments in the MENAPT region have nearly reached $2 billion this year, with almost $150 million raised in October alone
Egypt’s heavy participation at the international tech event aims to enforce Egypt's position on the global map of innovation and entrepreneurship
In its recent Egypt Venture Investment Report 2020, MAGNITT looked at the Egyptian startup ecosystem that pushed forward during an unexpected global upheaval
Algebra stated that the $90 million fund is aiming for a first close in Q3 2021, however has not disclosed when it will begin drawing on the fund