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Since 2020, CVENTURES has backed 2 African startups across 4 disclosed funding rounds totaling $48.5M, most heavily in Egypt and Health Tech.
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.
Data updated · Mar 27, 2026
CVENTURES has backed 2 African startups across 4 disclosed funding rounds tracked on Liners, totaling $48.5M since 2020.
Mostly Series B: 2 of its 4 tracked rounds are at that stage, followed by Series A (2).
CVENTURES's tracked rounds are concentrated in Egypt (4).
Its tracked rounds lean toward Health Tech (3), Fintech (1).
CVENTURES most often shares rounds with Algebra Ventures (3 shared deals), P1 Ventures (2 shared deals), Global Ventures (2 shared deals).
CVentures has backed Yodawy, a Health Tech company delivering prescriptions and OTC medicine from nearby pharmacies in Egypt. It participated in Yodawy's Series A and two Series B rounds.
