Aria Ventures, a specialised venture studio focused on building startups, has announced the launch of a EGP50 million (US$1 million) fund to support promising companies in the deep-tech sector.
Aria Ventures operates as a venture studio, concentrating on deep-tech innovation across diverse sectors, which include industry, agriculture, healthcare, AI, biotech, industrial digitalisation, IoT, nanotechnology, robotics, and other fields that rely on profound scientific and technical innovation.
Its new initiative in Egypt aims to bridge the gap between pioneering research and market applications, enabling deep technological innovations to grow and flourish. Aria Ventures aims to increase this funding to EGP200 million (US$4 million) over the next four years, reinforcing its commitment to supporting deep technological innovation in the region.
“We work on building startups from the ground up by validating ideas, assembling teams, providing technical and commercial infrastructure, and supporting projects through early growth stages. The company’s model combines strategic capital deployment with direct involvement to bridge the gap between pioneering research and market-ready startups,” said Dr Amr Al-Awamry, CEO of Aria Ventures.