Sequence Ventures, an Egyptian deep-tech investment firm, aims to launch its $50 million “Africa Deep Tech” fund by 2026. The fund will focus on investing in emerging technology companies across Africa, particularly in sectors such as healthcare, education, agriculture, logistics, and climate.
The firm expects to close its “SV Deep Tech Investment” fund, valued at EGP 500 million, by the end of Q1 this year. The fund is expected to be deployed across around 20 deals over the next two years, with backing from local banks, financial institutions, and private sector companies.
Sequence Ventures, which specializes in early-stage deep-tech investments, targets companies working in areas like AI, robotics, advanced materials, synthetic biology, future computing, and renewable energy. Despite the regional decline in venture capital funding, Sequence Ventures is committed to supporting startups working on transformational technologies to drive innovation in Africa.
