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Egyptian life science startup Nawah Scientific secures undisclosed investment for expansion.

The Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East and Africa, has announced its second investment, this time in a dedicated round for CASF, in the Life Sciences and Biotechnology startup Nawah Scientific.

Nawah Scientific is a core hub of advanced research equipment specializing in natural and medical sciences that delivers its services online and on-demand. It was founded by Dr. Omar Sakr. Nawah has analyzed over 200K samples from 12 countries in its 6 years of operation.

Nawah’s business strategy, as one of Egypt’s premier pharmaceutical formulation and analysis centers, is transforming the scientific research ecosystem, allowing scientists to do world-class research regardless of the technology available in their laboratories.

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“We had the honor of having individual angel investors from the Cairo Angel Network as early investors. They came in when we needed them the most, provided us with capital, networking, support, and most importantly – with faith in what we are building. Now, Cairo Angels come with their Syndicate Fund to double down on the success we have built together, and I’m very excited about what is yet to come” stated Dr. Omar Sakr, Founder and CEO of Nawah.

This round of fundraising is geared towards helping the startup maintain its compelling growth and onboarding new projects.

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In light of this recent dedicated investment, given that The Cairo Angels network first invested in Nawah Scientific in 2020, CEO of the Cairo Angels Syndicate Fund Aly El Shalakany concluded, “Dr. Omar is a perfect example of what I call ‘brain regain’; a super talented and ambitious founder who, if truth be told, we would have lost in previous years to North America or Europe, were it not for the recent changes that have made it possible for entrepreneurs to succeed at home. Not only has Dr. Omar built an amazing, globally competitive and impactful business, but he has created a virtuous cycle for top scientists from Egypt to also succeed at home. We are immensely proud that we can continue to support Nawah Scientific in its mission.” 

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Weddy Thuranira
Weddy Thuranira
Weddy profiles new startups and innovators across Africa and announces funding rounds, mergers, acquisitions and startup partnerships across Africa. She is based in Nairobi, Kenya. Reach her and the entire news desk at [email protected]

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