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Since 2020, Foundation Ventures has backed 9 African startups across 13 disclosed funding rounds totaling $114.3M, most heavily in Egypt and Logistics & Supply Chain.
Foundation Ventures is a venture capital firm focused on early-stage companies. The firm is based in Cairo, Egypt, according to multiple verified profiles and its official site, which highlights portfolio companies such as Flextock. In Africa, Foundation Ventures has backed startups primarily in Egypt, with its recorded activity concentrated in seed and Series A rounds. Based on the investment data provided, its portfolio spans logistics and supply chain, fintech, quick commerce, agri tech, e-commerce and retail, real estate and property, and the creator economy. Its recorded deals include Flextock, Aydi, Rabbit, Swypex, Kenzz, Trella, NowPay, Sakneen, and Minly, showing a strong preference for Egypt-based companies. The firm’s tracked co-investors include MSA Capital, Access Bridge Ventures, Alter Global, Raed Ventures, TLcom Capital, and Global Founders Capital, among others. Its official website also emphasizes support for companies building logistics infrastructure in Egypt.
Data updated · Aug 6, 2026
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Foundation Ventures has backed 9 African startups across 13 disclosed funding rounds tracked on Liners, totaling $114.3M since 2020.
Mostly Seed: 8 of its 13 tracked rounds are at that stage, followed by Series A (3).
Foundation Ventures's tracked rounds are concentrated in Egypt (13).
Its tracked rounds lean toward Logistics & Supply Chain (4), Fintech (3), Quick Commerce (2), and 4 more sectors.
Foundation Ventures most often shares rounds with MSA Capital (5 shared deals), Access Bridge Ventures (3 shared deals), Alter Global (3 shared deals).
Foundation Ventures’ recorded geographic focus is Egypt. All 13 of its tracked investments in the provided data are Egypt-based.
Its tracked portfolio in the provided data includes Flextock, Aydi, Rabbit, Swypex, Kenzz, Trella, NowPay, Sakneen, and Minly.
The data provided shows Foundation Ventures was active from October 2020 through February 2026. Over that period, it participated in 13 funding rounds across 12 companies.