Egypt’s startups have witnessed a remarkable leap forward in the first five months of 2025, attracting a total of $228 million in venture capital and debt financing.

The announcement came through a press release issued by the Ministerial Group for Entrepreneurship, which confirmed that the Egyptian startup scene has continued to gain strong investor momentum.

Between January and May, 16 deals were recorded, including 11 with disclosed investment values totaling $156 million—marking a 130% increase compared to the same period in 2024.

 In addition to equity investments, startups like Nawy and MNT-Halan secured substantial debt financing of $23 million and $49 million, respectively.

Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation and Chair of the Ministerial Group, emphasized the government’s deep-rooted commitment to supporting the entrepreneurial sector and enhancing the investment climate.

Al-Mashat highlighted that startups and entrepreneurship are supported by President Abdel Fattah El-Sisi and all concerned authorities.

She noted that the Ministerial Group is currently finalizing the long-awaited Startup Charter, along with funding programs and new facilities designed to foster innovation and attract larger volumes of venture capital.

The government has also introduced significant tax incentives for small and early-stage companies, particularly those generating less than EGP 20 million in annual revenue. These measures aim to reduce the financial burdens on startups and enhance their ability to scale.

The Minister added that the Group adopts an integrated approach that seeks to empower Egyptian youth and elevate Egypt’s global position as a competitive hub for entrepreneurship.

Meanwhile, Egypt’s startup sector also recorded several notable exits and acquisitions during the same period.

 Among the most significant were Dubizzle’s acquisition of Hatla2ee, a leading online car marketplace, and the acquisition of digital invoicing platform Fatora by MaxAB-Wasoko.

These deals reflect increasing maturity in the local market and a growing appetite for mergers and strategic consolidations.

On the sectoral level, PropTech (property technology) attracted the highest share of venture capital funding, accounting for 33% of the total investment volume.

FinTech (financial technology), on the other hand, led in deal activity, with five transactions representing 32% of the total volume. These figures highlight the diversified nature of Egypt’s startup ecosystem and the dynamic opportunities it presents across sectors.