The A15 Insider - Q2 2025 Edition
Dear friends,
As we enter the second half of 2025, venture capital activity across MENA continues its rebound. In H1, the region secured between $1.5 billion to $2.1 billion (based on different reports) in capital across 300+ companies, the strongest start to the year since 2022.
Saudi Arabia drove much of the momentum, contributing the majority of MENA funding. Egypt’s ecosystem also roared back to life; raising about $179 million, up 106% year-on-year. It’s the country’s strongest H1 in years.
Anyone who’s been around A15 for a while knows we don’t get carried away by big funding numbers. We’ve always believed the real win is building companies that can grow fast without losing their footing; sustainable businesses with the potential to scale big.
But there’s no denying that; if nothing else, they signal investor confidence. And in Egypt right now, that signal couldn’t be stronger. The past few months have brought a noticeable shift in energy, with the ecosystem showing a level of confidence and momentum we haven’t seen in at least a couple of years.
We’ve always been advocates of building with resilience; staying the course through cycles and coming out stronger. We’re now seeing ecosystems across the region regain momentum, and Egypt stands out among them. The renewed investor appetite and the ambition we’re seeing from founders are reminders that the fundamentals here are as strong as ever.
Against this backdrop, our portfolio posted meaningful momentum across new rounds, partnerships, and product milestones in Q2. Here are some of the highlights.
Gail: Seed Round
Gail has raised an $8.2 million seed round to further their mission of bringing AI to financial services. The company is building the world's best AI for financial services and will launch GailGPT. Gail has quickly established itself as a leading AI platform dedicated exclusively to financial services, trusted by over 200 companies, and handling millions of daily interactions across calls, SMS, and chat. Investors in this round include Act One Ventures, HTwenty, Mangusta Capital, NextView Ventures, and A15. Check the full story here.
Milango: Official Giza Pyramids App
Milango is building the official Great Pyramids of Giza app. Amr Mostafa, CEO of Milango, expressed his honor and responsibility in this endeavor, aiming to make Egypt proud. This project signifies a major step in digitalizing historical experiences. Check the full story here.
RemotePass: API Updates & Arabic Support
RemotePass has launched new APIs, enabling developers to automate workflows and seamlessly sync team data from onboarding to offboarding. Additionally, RemotePass is now fully available in Arabic, offering a localized experience across product, sales, support, and account management. This makes RemotePass the first platform of its kind with full functionality in both English and Arabic, enhancing accessibility and inclusivity for Arabic-speaking teams across the GCC. Check the full story here.
Paymob: Strategic Partnership with UnionPay International
Paymob has signed a strategic cooperation protocol with UnionPay International, enabling UnionPay acceptance across Egypt. This partnership will provide seamless and secure digital payments for millions of international cardholders, advancing financial inclusion, driving global trade, and accelerating Egypt’s digital economy. The Central Bank of Egypt has supported this initiative, empowering innovation and financial progress. Check the full story here.
Valify: Introducing KNFRM
Valify has introduced KNFRM, Egypt’s FRA-approved platform for secure digital contract management. This platform aims to eliminate fraud, paperwork delays, and compliance risks by allowing users to create dynamic contracts, sign with biometrics, track and verify via blockchain, and ensure 100% compliance with local regulations. KNFRM is ideal for businesses seeking streamlined and efficient contract operations, complementing Valify’s existing eKYC and eKYB products, and enabling a fully digitised customer onboarding experience. Check the full story here.
WaffarX: Partnership with DGTERA
WaffarX has partnered with DGTERA, an innovator in the F&B space. This collaboration aims to expand WaffarX’s reach across Egypt and KSA, enhance customer experience in the F&B sector, blend operational excellence with customer engagement and loyalty tools, and create new opportunities for businesses and consumers. DGTERA offers integrated, smart solutions that empower F&B business owners to operate efficiently and scale faster. Check the full story here.
Quantum Dice: Global Distribution Partnership with Astute Group
Quantum Dice has announced a global distribution partnership with Astute Group, a leading electronics distributor. This partnership will expand access to Quantum Dice’s DISC™-protected QRNG chip products across security-critical sectors, including defence-grade systems, aerospace, space, and critical infrastructure. This collaboration is particularly timely given the recent UK Strategic Defence Review.
It was also named the South Central regional winner of KPMG UK’s Tech Innovator in the UK 2025. Check the full story here.
SehaTech: All-in-one app for healthcare providers
SehaTech has launched the SehaTech Provider App, giving healthcare providers a faster way to check patient coverage, request approvals, and track claims; all in real time. The launch marks a major step toward digitizing healthcare workflows across the region. Check the full story here.
Reme-D wins AfricaTech Award at VivaTech 2025 for healthtech innovation
Reme-D was named Grand Winner of the AfricaTech Awards at VivaTech 2025 in Paris, recognized for its affordable, efficient, and temperature-resilient diagnostic solutions designed for underserved communities.
On a different note, its products are now widely used in Sudan, where they’re helping improve healthcare outcomes by providing more reliable and affordable tools for disease diagnosis. Check the full story here.
New Investments
Bluworks
Company Overview: Mobile-first all-in-one HR automation tool for frontline/blue collar employees.
Why we invested: Blue collar workforce management is a large and overlooked segment still reliant on pen/paper, spreadsheets or, at best, clunky software. Bluworks is solving this by streamlining and automating shift management, attendance tracking, payroll rules and calculations, and more. With employees in the app at least twice per day, to log attendance and departure, it’s a high-engagement platform for a captive user base, creating a rare wedge into an underserved customer segment and a strong foundation for broader workflow, fintech, or services expansion.
Portfolio Jobs
We’re introducing a new section to spotlight career opportunities across A15’s portfolio. To apply, send your CV to the email address listed with each role.
Global Sales Director – Cloudcom – Global – Remote - hr@cloudcom.io
Sales Director – Cloudcom – Egypt – On-site - hr@cloudcom.io
Legal Manager – ARPU Plus – Egypt – On-site - hr@arpuplus.com
Senior Marketing Manager – Shofha – Egypt – On-site - hr@shofha.com
Software Development Manager – Shofha – Egypt – Hybrid - hr@shofha.com
Tech Lead / Head of Engineering – SehaTech – Egypt – On-site - info@sehatech.org
HR Manager – SehaTech – Egypt – On-site - info@sehatech.org
Presales Manager – Link Data Center – Egypt – On-site - recruitment@linkdatacenter.net
As we wrap up Q2, we’re proud of the progress our portfolio has made; from securing strategic wins at home to stepping confidently onto global stages. The market backdrop remains challenging, but great companies are built in times like these.
We're continuing to look for founders with the grit to scale across borders and the clarity to build deliberately. If you're building something that can redefine a category in MENA or beyond, we’d love to hear from you.
Here’s to an even stronger second half of 2025.
Team A15