Riyadh - Sharikat Mubasher: The Saudi-Egyptian venture capital company Edafa Venture plans to invest $10 million in Egyptian startups in 2026 to deepen its presence in the MENA region and strengthen engagement with high-growth ventures.

The company has invested around $8 million in Egypt over the past 18 months, supporting more than 20 startups at various stages from Pre-Seed to Series A, CEO Essam Ali stated in a recent interview with Daily News Egypt.

Ali highlighted that Edafa initially planned to invest $13 million in this period, but it adopted a more selective strategy, prioritizing opportunities that meet the company’s strategic and financial criteria.

“For this year, we are targeting around $10m in Egypt, representing growth of more than 25% compared to last year,” the CEO said, adding that Egypt remains a strategic market for the company thanks to its strong entrepreneurial talent base and large consumer market.

Edafa’s broader strategy includes expanding into Oman, Bahrain, Switzerland, Kenya, and the UAE to build a diversified, regionally integrated investment platform.

Edafa Venture was established to support entrepreneurs, empower startups, and provide them with the tools that enable sustainable growth and global competitiveness in an environment that demands boldness and creativity. It aspires to reshape the investment landscape and become one of the region’s most influential investment forces and a leading advocate for innovation and entrepreneurship.

The company also targets investing in young talent and enabling them to deliver innovative solutions that diversify the economy and strengthen its global competitiveness, in alignment with Saudi Vision 2030.