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Thursday, 3 February 2022

Cairo Angels makes second investment in Nawah Scientific

Cairo Angels Syndicate Fund (CASF) has made a second investment in scientific research startup Nawah Scientific, it announced in a statement (pdf) this week, without disclosing the ticket size. Cairo Angels previously invested in Nawah in its USD 1 mn pre-series A round that closed last year. The round brought the Nawah’s total investment to USD 2 mn, having raised USD 1 mn in pre-series A funding in 2018.

About the company: Founded in 2015, Nawah Scientific provides lab testing services to scientific researchers. This is particularly important in a country like Egypt, where universities often don’t have the range of lab facilities and equipment required by researchers.

Expansion plans: “This round of fundraising is geared towards helping the startup maintain its compelling growth and onboarding new projects,” the statement said.

** We recently chatted to Nawah founder Omar Shoukry about his business, his personal interests, and of course, his morning routine.

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