Sawari Ventures Launches First Fund, Makes Two Investments
Sawari Ventures LLC of Cairo, Egypt, announced the launch and initial investments of its first fund. Sawari Ventures I will focus on early and growth stage technology companies. It is seeded by the partners and sponsored by Naguib Sawiris. The firm also made its first two investment, namely in ALZWAD Mobile Services and in vimov. ALZWAD provides content and mobile application developers with a platform to reach mobile users in the Middle East. Vimov develops iPhone and iPad applications.
19 January 2011•3 mins read
