Aria Ventures, a specialised venture studio, has launched a USD 1 million (EGP 50 million) investment fund aimed at supporting early-stage startups in the deep technology sector. The initiative focuses on accelerating innovations in AI, biotechnology, robotics, and other cutting-edge fields by bridging the gap between pioneering research and real-world applications.
The fund forms part of Aria Ventures’ broader mission to foster deep technological innovation across industries such as agriculture, healthcare, industrial digitalization, IoT, and nanotechnology. CEO Dr. Amr Al-Awamry explained that the company’s model combines strategic capital deployment with hands-on involvement, including validating ideas, assembling teams, and providing technical and commercial infrastructure to help startups scale.
Looking ahead, Aria Ventures plans to expand its funding to approximately USD 4 million (EGP 200 million) over the next four years. To nurture innovation further, the venture studio recently launched the DeepTecher competition, offering researchers the chance to transform their ideas into viable startups through mentoring, evaluation stages, prizes, and funding opportunities.
