# Foundation Ventures

> Foundation Ventures is a VC fund in Cairo backing E-Commerce and Software. See 25 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Cairo, Egypt
- Total investments: 25
- Last investment: Jul 2026
- Lead investor: 20%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/foundationventures/
- X (Twitter): https://twitter.com/foundation_vc
- Website: https://www.foundationventures.com

Foundation Ventures is an early-growth stage venture capital fund that backs founders building industry-defining companies. The firm unlocks massive growth for our portfolio companies by giving them access to the largest network of distribution channels across the region. Foundation Ventures was established in 2018 and is based in Cairo, Egypt.

## Contacts

5 contacts available for Foundation Ventures. Shizune tracks 3 team members at Foundation Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/foundationventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.1M–$7.5M |
| Pre-Seed | $585k–$11M |
| Series A | $1M–$33M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 6 | 24% |
| Software | 4 | 16% |
| Internet | 3 | 12% |
| Retail | 2 | 8% |
| Marketplace | 2 | 8% |

31 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 10 | 40% |
| Pre-Seed | 5 | 20% |
| Series A | 4 | 16% |
| Funding Round | 1 | 4% |
| Venture - Series Unknown | 1 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Egypt | 10 | 40% |
| United Kingdom | 3 | 12% |
| United States | 2 | 8% |
| Jordan | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Mazen Nadim | Managing Partner | 4 | https://shizune.co/investors/profile/mazen-nadim |
| Ziyad Hamdy | Co-Founder / Managing Partner | 0 | https://shizune.co/investors/profile/ziyad-hamdy |
| Omar Barakat | Managing Partner | 1 | https://shizune.co/investors/profile/omar-barakat-13c8 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Prolo | Procurement within the construction industry is traditional, analogue and ripe for disruption. We’re on a mission to help construction companies reduce costs and save time through our new AI procurement tool, Prolo.Our service leverages cutting-edge AI, including Large Language Models (LLMs), Natural Language Processing (NLP), and voicetranscription, to bypass outdated practices in the construction industry. This technology enhances decision-making, increases efficiency, and delivers a superior user experience. | $5.6M | Seed | Jul 14, 2026 |  |
| Flextock | Flextock is a provider of on-demand warehousing and logistics platforms to help businesses efficiently scale their operations. | $12.6M | Series A | Feb 17, 2026 |  |
| Aydi | Aydi is an IT company that enables agriculture companies to source, manage, train, and pay seasonal workers through a single platform. They intend to create a "new paradigm of work" by giving employees year-round employment, skill development, and financial services. | $7.5M | Seed | Sep 30, 2025 |  |
| Rabbit | At Rabbit, we plan to change how the world shops.Retail has witnessed one revolution before with the introduction of E-Commerce that changed how customers order stuff and the second revolution is here! We are proud to be among the pioneers, a handful of global entrepreneurs that are leading and shaping the retail's second revolutionWe arefunded by amazing VCs that are helping us build the next big thingYou feel it is vague? that's intended as we are still building in stealth. but trust us, it is COOL! |  | Seed | Apr 15, 2025 |  |
| OpenFi | OpenFi's goal is to provide consistent, responsible, and exceptional conversational AI. The market-leading conversational AI enables the customers to safely harness the potential of Generative AI to automate client interactions and set new benchmarks. | $585K | Pre-Seed | Jul 02, 2024 |  |
| Swypex | Swypex develops spend management software designed to spend intelligently, fast, and effortlessly. The company's platform includes real-time expense tracking, easy transfers, and security. | $4M | Seed | May 07, 2024 |  |
| Aydi | Aydi is an IT company that enables agriculture companies to source, manage, train, and pay seasonal workers through a single platform. They intend to create a "new paradigm of work" by giving employees year-round employment, skill development, and financial services. |  | Seed | Jan 01, 2024 |  |
| Commonplace | Commonplace has making is easier for communities to influence local planning decisions.As a team of entrepreneurs, designers, technologists and urban planners, we're making engagement smarter. We are helping developers, councils, city managers and their communities to understand each others’ needs and communicate better. Traditionalconsultation can be manual, time intensive and a one-off snapshot. Our tools aim to provide an ongoing channel of understanding and collaboration. Customers use Commonplace to reveal issues and suggest solutions, as well as for statutory consultation and formal planning applications. We also help communities plan their neighbourhoods, co-design solutions and analyse the social impact of new development.By making local participation easy, we reach wider audiences and provide real-time dashboards to see ‘the heartbeat’ of an area. We encourage companies to adopt these approaches, and to be more open to collaboration – because it benefits them. After all, even major developers strive to meet less opposition and to become more agile in responding to people's needs. | $2.7M | Venture - Series Unknown | Jun 14, 2023 |  |
| Kenzz | Kenzz is an e-commerce platform bringing shopping to the mass market in Egypt and MENA. | $3.5M | Seed | Oct 18, 2022 |  |
| 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 |  |

10 of 25 investments shown.

## Co-investors
- [MSA Capital](https://shizune.co/investors/profile/msacap) — VC Fund, 6 deals together
- [Raed Ventures](https://shizune.co/investors/profile/raed-ventures) — VC Fund, 6 deals together
- [BECO Capital](https://shizune.co/investors/profile/beco-capital) — VC Fund, 5 deals together
- [Algebra Ventures](https://shizune.co/investors/profile/algebra-ventures) — VC Fund, 4 deals together
- [Endure Capital](https://shizune.co/investors/profile/endure-capital) — VC Fund, 4 deals together
- [Flexport](https://shizune.co/investors/profile/flexport) — VC Fund, 4 deals together

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## FAQ

### What does Foundation Ventures invest in?

Foundation Ventures invests primarily in E-Commerce, Software and Internet startups, most often at Seed and Pre-Seed stage. Most of the 25 investments tracked by Shizune back companies in Egypt. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Foundation Ventures's check size?

Foundation Ventures typically joins rounds of $1.1M–$7.5M at Seed, $585k–$11M at Pre-Seed and $1M–$33M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Foundation Ventures participates in.

### How do I contact Foundation Ventures?

Public channels for Foundation Ventures 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 Foundation Ventures?

The team at Foundation Ventures includes Mazen Nadim (Managing Partner), Ziyad Hamdy (Co-Founder / Managing Partner) and Omar Barakat (Managing Partner). 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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