Egypto based Aria Ventures, a specialized venture studio focused on building startups, launches a $1 million (50 million EGP) investment to support promising companies in the Deep-Technology sector between 2025 and 2026, which it then aims to grow to a $4 million ( 200 million EGP).
As per the press release, the initiative aims to bridge the gap between pioneering research and market applications, enabling deep technological innovations to grow and flourish. The sectors include industry, agriculture, healthcare, Artificial Intelligence (AI) and machine learning, Biotechnology, industrial digitalization, Internet of Things (IoT), Nanotechnology, robotics, and other fields that rely on profound scientific and technical innovation.
Dr Amr Al-Awamry, CEO of Aria Ventures, stated, “We work on building startups from the ground up by validating ideas, assembling teams, providing technical and commercial infrastructure, and supporting projects through early growth stages.” He added, “The company’s model combines strategic capital deployment with direct involvement to bridge the gap between pioneering research and market-ready startups.”
In line with its commitment to fostering innovation, Aria Ventures recently launched the DeepTecher competition. This competition aims to discover and nurture technological research and transform it into promising Deep-Technology projects. The competition provides a platform for innovators to showcase their technologies and receive the necessary support to turn them into successful startups. It includes several evaluation and mentoring stages and offers valuable prizes and funding opportunities for winning projects through Aria Ventures.
Al-Awamry added that this step underscores Aria Ventures’ commitment to supporting deep technological innovation in the region, contributing to a knowledge-based economy driven by advanced technologies, and enhancing the position of Egyptian startups in the global Deep-Technology landscape.
Earlier The Hashgraph Association also launched the Africa Hedera Hackathon with prizes over $1 million, as well as a deeptech studio in Saudi Arabia in 2024.
