Acasia Group
Overview
Acasia Group is a prominent investing and impact platform dedicated to empowering technology entrepreneurs across the Middle East and Africa. Established in 2011 as Cairo Angels, the organization has evolved into a multifaceted entity comprising Acasia Ventures, Acasia Impact, and Acasia Angels. This transformation reflects its commitment to fostering innovation and supporting the next generation of tech leaders in the region. The group's investment strategy spans various stages, including seed, early, and growth stages, with a focus on sectors such as technology, healthcare, financial services, and education. Acasia's geographical reach extends beyond Egypt, with offices in Dubai and Lagos, and investments in countries like Kenya, South Africa, Morocco, and Tunisia. This expansive footprint underscores its dedication to nurturing startups across diverse markets. Acasia's impact is evident through its support of numerous successful startups, including Pharmacy Marts, a digital marketplace connecting pharmacies and medical suppliers in Cairo. The group's acquisition by U.S.-based Sultan Ventures in September 2024 has further bolstered its capacity to scale operations and amplify its impact, creating new opportunities for founders seeking to bring innovative ideas to market.
Investment Focus
- Innovative technology solutions
- Scalable business models
- Strong founding teams
- Market potential in the Middle East and Africa
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Acasia Group
What sectors does Acasia Group invest in?
Acasia Group invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Real Estate, and is based in Cairo Governorate, Egypt. Acasia Group is listed as a venture capital in the ConnectSafely investor database.
What stage does Acasia Group invest at?
Acasia Group backs companies at Seed, Early Stage, Series A, Series B, Growth and Late Stage, writing cheques of 500K - 5M.
Which regions does Acasia Group invest in?
Acasia Group invests across United Arab Emirates, Indonesia, Ghana, Kenya, Egypt and Tunisia.
What companies has Acasia Group invested in?
Acasia Group's portfolio includes Swvl, Pharmacy Marts and Credable.
Last updated · Source: ConnectSafely investor database
