Strong Egyptian Startups Presence at Web Summit in Lisbon as it Returns In-Person
Tuesday 2 November 2021 14:09 - الثلاثاء ٢٧ ربيع الأوّل ١٤٤٣
The Web Summit launches today in Lisbon, Portugal, with strong Egyptian participation and a dedicated exhibit pavilion hosting eighteen Egypt-based startups, in addition to ten visiting local tech companies. The Egyptian Ministry of Communications and Information Technology (MCIT), represented by the Information Technology Industry Development Agency (ITIDA) sponsors and supports Egypt’s participation in the largest tech conference in the world, in cooperation with the Digital Economy and Technology General Division (DETGD) of The Federation of Egyptian Chambers of Commerce. The country’s participation in the global tech event aims to enforce Egypt's position on the global map of innovation and entrepreneurship, promote the innovative solutions of the local tech startups, and highlight the incentives and benefits that Egypt offers in this field. Additionally, Egypt’s ITIDA aims to attract more investments to the thriving local tech-enabled innovation ecosystem, expand the base of venture capital funds, major investors, and specialized platforms in supporting entrepreneurs in Egypt.
The Egyptian exhibiting companies under the pavilion include 5 companies in their growth stages and 13 other companies in their alpha and beta stages. The list of Egyptian startups includes: Trella Trella is a platform that connects shippers to carriers in the widely fragmented road freight industry, with the aim of creating transparency, efficiency and reliability. www.trella.app Pylon Pylon is a utility management platform for water and electricity companies in emerging markets. www.pylonump.com Koinz Next Generation platform for F&B industry, merging online and offline worlds, Koinz helps the brands gain and retain customers online and offline. www.koinz.app Money Fellow Offers the masses access to affordable credit and attractive saving options, via digitizing the traditional RoSCA model. www.moneyfellows.com GoodsMart A tech logistics company that provides a subscription-based service to deliver household needs in a pre-installed box at your doorstep. www.goodsmartegypt.com Pravica Pravica is a private and secure blockchain-based digital communication suite. www.pravica.io zVendo zVendo is a subscription e-commerce platform that allows retailers and restaurants to set up their online ordering web store and mobile applications. www.zvendo.com DentaCarts A Marketplace for Medical Supplies that helps healthcare facilities in managing their inventories and purchases through utilizing RFID, loT & Al. www.dentacarts.com CardoO The fastest-moving consumable goods, we utilize this fact to create products that enhance the day-to-day lives of thousands, and even millions, of consumers every day. www.cardoo.co Rology for medical technology A B2B Teleradiology platform matching between Provico radiology scans and radiologists to report them remotely and instantly. Rology.helath Chefaa Patient-centric, GPS-enabled pharmacy benefits platform helping patients to order, schedule & refill recurring prescriptions by connecting patients & pharmacies nation-wide. www.chefaa.com Amjaad Technology Working in loT solutions, Infrastructure optimization and developing smart city platforms for managing all utilities (Electricity, water, and gas) meters with a push of the button "ioMeter". www.amjaadiot.com SURVV Aggregating delivery fleet operators under a single platform and then streamlining connectivity between merchants, aggregators and customers. www.survv.com Adzily Adzily network helps you reach thousands of target audience out of home using our digital screens. www.adzily.com Interact Labs Interact Labs develop TACT, a device that transforms any monitor (TV Screen or Projector) into an interactive touch surface! www.interact-labs.com CreditGO A free mobile application for electronic payments and introducing cashless payments & digitalization. www.creditgo.app Amanleek The startup company helps insurance enterprises penetrate Egypt's lower middle class of 50 million people through reinventing how insurance is sold and managed. www.amanleek.com iSchoola iSchool provides trending educational programs and coding for kids via online interactive sessions. www.ischooltech.com It’s worth noting that Egypt has witnessed unprecedented growth in the number of startups, amid significant and increased interest from both regional and international VCs, global accelerators, as well as tech incubators. This all comes in line with an array of private and governmental support services available to Egyptian entrepreneurs, including nationwide digital innovation hubs, incubators, and initiatives executed by the government, multinational corporations, and universities to instill entrepreneurial spirit and innovation among Egypt’s youth. Web Summit is the largest tech conference in the world, bringing together start-ups and high-level speakers from the tech community. The summit returns this year to its real-world form for 4 days, from 1st to 4th of November.