# Acasia Group

> Acasia Group is a VC fund in Cairo backing Mobile and E-Commerce. See 40 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Cairo, Egypt
- Total investments: 40
- Last investment: Aug 2024
- Lead investor: 35%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/cairo-angels
- X (Twitter): http://twitter.com/cairoangels
- Website: http://www.cairoangels.com/
- Facebook: http://www.facebook.com/cairoangels

Acasia Group is a VC fund in Cairo focused on Mobile and E-Commerce. Cairo Angels is an angel investment network that invests in and supports early-stage startups it convenes regular investment meetings to review pre-selected potential investees.

## Contacts

5 contacts available for Acasia Group. Shizune tracks 1 team members at Acasia Group. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/cairo-angels?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $50k–$2.6M |
| Angel | $200k–$300k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Mobile | 6 | 15% |
| E-Commerce | 6 | 15% |
| Financial Services | 6 | 15% |
| FinTech | 5 | 13% |
| EdTech | 3 | 8% |

65 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 17 | 43% |
| Angel | 7 | 18% |
| Venture - Series Unknown | 4 | 10% |
| Pre-Seed | 2 | 5% |
| Series A | 2 | 5% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Egypt | 21 | 53% |
| United States | 3 | 8% |
| Nigeria | 2 | 5% |
| Kenya | 1 | 3% |
| Lebanon | 1 | 3% |

7 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Nader Aboushadi | Advisory Board Member | 2 | https://shizune.co/investors/profile/nader-aboushadi |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Tagaddod | Tagaddod is a renewable Energy and Waste Management Egyptian company, started in February 2013 and operating in Cairo –Egypt. Currently focusing on clean fuels, Tagaddod is working on Biodiesel production from Vegetable Oils. Biodiesel is a fuel alternative that is produced from waste vegetable oils and used in conventional diesel engines, whichcan directly substitute for or extend supplies of traditional petroleum diesel. | $1.3M | Venture - Series Unknown | Aug 30, 2024 |  |
| EFG EV Fintech | EFG EV Fintech is investing in startups and bolstering the Fintech ecosystem in the process. EFG EV Fintech combines the financial know-how of EFG Hermes and entrepreneurial expertise of Egypt Ventures to launch the a Fintech-focused startup accelerator.They invest in rising Fintech startups with the potential to grow domestically and expandbeyond the Egyptian market. EFG EV Fintech also provides innovators with the fully integrated services they need to thrive – from funding to mentorship, to training, and office space. |  | Venture - Series Unknown | Jan 06, 2024 |  |
| Fez | Fez will commit to selling peace to customers —sender and recipient. Delivering the package is their duty; making it stress-free is why they do it. | $1M | Seed | Mar 28, 2023 |  |
| The Fashion Kingdom | TFK is a fashion e-commerce platform. The company sells clothing, health, and beauty products. That products include shirts, jeans, jackets, sweatshirts, hoodies, knitwear, swimwear, activewear, liquid lipstick, fragrances, and accessories. Their customers' inquiries are addressed through online applications. | $2.6M | Seed | Jul 26, 2022 |  |
| Credpal | Credpal is an innovative solution that allows businesses and individuals to buy anything and pay for it in installments across online and offline merchants by providing them with access to credit at the point of checkout. It provides a platform that offers transparency in services facilitating users to set up their accounts and choose their paymentplan to minimize risk and connect to multiple financial institutions that provide credit for customers.Credpal was launched in 2018 by Fehintolu Olaogun and Olorunfemi Jegede and is headquartered in Lagos, Nigeria. |  | Venture - Series Unknown | Jun 13, 2022 |  |
| Finclusion Group | Finclusion is a FinTech accelerating company that provides financial services and credit products using AI-powered and data-driven lending for fraud prevention and credit granting. The company also offers buy-now-pay-later (BNPL) services, salary advance schemes, loan services, and transactional banking to individuals and SMEs across 5countries—South Africa, Eswatini, Namibia, Kenya, and Tanzania. |  | Seed | May 29, 2022 |  |
| Flexpay | Flexpay Technologies is a company that offers an automated platform to enable merchants and their customers manage flexible payments for both goods and services across mobile money and bank transfer platforms. Flexpay helps you break down your payments for purchases into smaller chunks that you can pay over a period of time. | $50K | Seed | May 16, 2022 |  |
| Sprints | Sprints graduates exceptional techies, not just to be employable locally, but to compete globally At Sprints, we promise a "Guaranteed-Hiring" learning journey where learners only pay when hired. With a community of 100K+ techies, Sprints is the ultimate platform for employers to assess, hire, and pay their global tech talents! | $1.2M | Seed | Apr 10, 2022 |  |
| Nawah Scientific | Cutting edge research is available exclusively to those with high tech equipment in their labs. Nawah is a core hub of advanced equipment specialized in natural and medical sciences. Nawah's online platform receives experiments requests, Nawah's scientists carry them out and return results online. Thus, researchers can do much advancedresearch regardless of their location and available facilities in their labs. In 3 years, we analyzed 10K+ samples for 25 universities and companies in the MENA, Malaysia, UK and Switzerland. | $7M | Series A | Feb 02, 2022 |  |
| Orcas | Orcas is an education platform that provides 1-on-1 tutoring for students from pre-school to high school. It offers online and in-person sessions across multiple subjects, with progress tracking and flexible learning plans for different school systems. | $2.1M | Seed | Jan 16, 2022 |  |

10 of 40 investments shown.

## Co-investors
- [Alex Angels](https://shizune.co/investors/profile/alex-af5a) — VC Fund, 7 deals together
- [Egypt Ventures](https://shizune.co/investors/profile/egypt-ventures) — VC Fund, 6 deals together
- [Acasia Ventures](https://shizune.co/investors/profile/acasia-ventures-22) — VC Fund, 5 deals together
- [AUC Angels](https://shizune.co/investors/profile/auc-angels) — VC Fund, 4 deals together
- [Acasia Ventures](https://shizune.co/investors/profile/the-cairo-angels-syndicate-fund) — VC Fund, 3 deals together
- [Alexandria Fund](https://shizune.co/investors/profile/alexandria-fund) — VC Fund, 2 deals together

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## FAQ

### What does Acasia Group invest in?

Acasia Group invests primarily in Mobile, E-Commerce and Financial Services startups, most often at Seed and Angel stage. Most of the 40 investments tracked by Shizune back companies in Egypt. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Acasia Group's check size?

Acasia Group typically joins rounds of $50k–$2.6M at Seed and $200k–$300k at Angel. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Acasia Group participates in.

### How do I contact Acasia Group?

Public channels for Acasia Group include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Acasia Group?

The team at Acasia Group includes Nader Aboushadi (Advisory Board Member). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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