Beltone Launches New Venture Capital Fund to Support Early-Stage Tech Startups in Egypt

Beltone, a prominent investment bank in the region, has recently unveiled a new venture capital fund called Beltone Venture Capital (BVC). This fund aims to provide sustainable funding for early-stage tech startups in Egypt.

BVC will primarily focus on supporting startups in their early stages and will continue to back the best-performing companies in follow-up rounds. Ali Mokhtar, CEO of Beltone Venture Capital, emphasizes the company's commitment to promoting collaboration and mentorship to help startups reach their full potential.

The fund is sector-agnostic and seeks investments that offer inclusion to under-served and untapped customer segments. With a team of experienced professionals and an extensive network in the region, BVC can actively support its portfolio companies in building strong teams capable of achieving sustainable and scalable businesses.

Egypt's tech startup ecosystem has been growing rapidly, attracting significant investments from local and foreign investors. The launch of the Beltone Venture Capital Fund is a significant development in the Egyptian startup ecosystem, providing much-needed capital and support for early-stage startups.