CVentures is Egypt's first corporate venture capital firm, established by Commercial International Bank (CIB), Egypt's leading financial institution. It primarily focuses on investing in transformational FinTech startup companies and next-generation financial services platforms. The firm combines the speed of an independent investor with CIB's business breadth to support high-growth technologies. CVentures participated in three funding rounds totaling $29.5M from January 2020 to February 2023, all in **Health Tech** startups in **Egypt**. It invested at **Series A** (one round) and **Series B** (two rounds), backing Yodawy, a platform delivering prescriptions and OTC medicine from nearby pharmacies. Co-investors included P1 Ventures, Global Ventures, Middle East Venture Partners, and Algebra Ventures.
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