What has Acasia invested in recently?

Recent investments include Precision Cardiovascular Ltd., Swaplanet and TFK.

Where is Acasia based?

Acasia is headquartered in Cairo, Egypt. It has 3 other offices.

How do I contact Acasia?

Partner names, emails and LinkedIn profiles for Acasia are on the Capital Atlas Pro and Team plans, which also draft outreach and track replies. Check the stages and cheque size above first, so you pitch a firm that fits your round.

Acasia

Venture Capital FirmCairo, EgyptFounded 2011acasia.group

Est. dry powder

$340K

Raised, not yet invested

AUM

—

Not reported

Latest fund

$3M

Cairo Angels Syndicate Fund

Est. cheque size

$100K–$1.2M

From fund sizes

Deals, last 12 months

—

Not reported

About Acasia

Acasia (formerly Cairo Angels) is an Egypt based private equity firm supporting entrepreneurs across the Middle East and Africa. The firm targets startups with a developed product and a high growth potential. The firm has got additional offices in Lagos and Dubai. In September 2024, Sultan Ventures, a U.S.-based venture capital firm, acquired Acasia Group.

Type: Venture Capital Firm
Headquarters: Cairo, Egypt
Stages: AngelSeedSeries AVenture DebtEarly Stage
Est. cheque size: $100K–$1.2M
Sectors: Diversified, Information Technology
Regions: Africa
Strategies: Pre-Seed, Seed, Series A

Where they invest

From deals and portfolio companies on record

Most frequent rounds

Seed11
Angel2
Series A2
Venture Debt1

Across 28 deals

Portfolio sectors

Financial Services4
Internet4
Consumer Services3
Software3
Biotechnology1

Across 22 companies

Portfolio countries

Egypt12
United Arab Emirates2
US2
Greece1
Kenya1

Across 22 companies

Recent investments

Newest 5 of 28

May 2023
Precision Cardiovascular Ltd.
May 2023 · Seed
Seed$750K—
Apr 2023
Swaplanet
Apr 2023 · Seed
Seed$530KZeno Capital, Alumni Ventures Group, StartTech Ventures, Genesis Ventures +1
Jul 2022
TFK
Jul 2022 · Seed
Seed$2.6MCVentures, A15, Lotus Capital, Raba +2
Jun 2022
Crednet Technologies Limited
Jun 2022 · Unspecified Round
Unspecified Round——
May 2022
Fin Africa
May 2022 · Unspecified Round
Unspecified Round——

Offices

4 locations

Cairo, EgyptHQ
Cairo, Egypt
Lagos, Nigeria
Dubai, United Arab Emirates

Questions about Acasia

How much does Acasia invest per deal?

Based on the size of its funds, Acasia writes estimated cheques of $100K–$1.2M. Lead cheques usually sit at the top of that range and follow-on cheques lower.

What stages does Acasia invest in?

Acasia has invested at Angel, Seed, Series A, Venture Debt and Early Stage. Its most frequent rounds on record are Seed, Angel and Series A.

How much capital does Acasia have left to invest?

Acasia has an estimated $340K in dry powder: capital it has raised but not yet invested.