The Cairo-based health tech revealed plans for the company’s future expansion across MENA and Africa as a whole. Nawah Scientific starts 2021 with an extra $1million after securing a second pre-series A fundraise of debt and equity funding. The announcement was publicly shared on January 7.
Funding was primarily led by Egypt Ventures, alongside contributions from Alex Angels, Alexandria Fund, Cairo Angels, and other undisclosed angels from the Hult Business School alumni network, and international angel investors.
Since Nawah Scientific’s founding in March 2015, they have now cumulatively raised $2 million. Its mission is to support scientific and medical research across the region. The company offers a multitude of services on its online platform, especially its top-caliber scientists and strong logistical network.
On its website, Nawah Scientific describes itself as Egypt’s first, private, multidisciplinary research center. You can check out more on Nawah Scientific here