Egypt’s Nawah Scientific secures $23m
Nawah Scientific, an Egyptian deep-tech and life sciences group, has closed a $23 million Series A round.
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Nawah Scientific, an Egyptian deep-tech and life sciences group, has secured a $23 million Series A round. The company, which specialises in scientific and industrial testing, raised the funds through a mix of equity and debt.
The round was led by Life Ventures Holding, with participation from Den Ventures, Empire M, AfricInvest, and Elsewedy, alongside banks and angel investors. Nawah will use the funds to finance a 10,000 sqm global R&D centre in Rwanda, while doubling capacity in Egypt and Saudi Arabia and pushing into European and North African markets.
Founder and CEO Omar Shokry Saqr said the round strengthens Nawah’s research and tech backbone for its next growth phase.
Founded in 2015, Nawah utilizes a 'cloud lab' model that allows clients to conduct remote testing. The business is structured around four pillars: a core life sciences research platform; a food and agriculture unit focused on safety and export compliance; a pharma division handling R&D and formulation; and a specialized unit for certified reference materials.
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