Amsterdam NL, 17 May 2022 — Hangout with VCs is back for a second edition after successfully connecting Cairo-based startups with international VCs last year. This matchmaking event is the perfect opportunity for investors to take a first step in the Egyptian market, and for startups to engage in investment talks.
SOSV investor and previous participant Oscar Ramos commented on the impact these investments had last year: "
The event was an eye-opener about the potential of the [Egyptian] market and local startups. I will say the major impact is that those were the first investments we made in Africa. Since then, we have invested in six more companies and are looking to do even more deals.Oscar Ramos, SOSV investor
In the previous edition, all investors intended to have further meetings with the startups after the event to discuss potential partnerships.
On July 7, 2022, TNW will host the second Egypt edition of Hangout with VCs to bring together top global investors and ready-to-fund Egyptian startups in an online format combining pitching and networking opportunities. The tech giant will once again leverage their knowledge of the global startup ecosystem and their vast network to spotlight new investment opportunities in Egypt.
The event will be held in partnership with the Technology Innovation and Entrepreneurship Center (TIEC) of the government of Egypt’s IT Industry Development Agency (ITIDA). The investors have been invited by TNW, and the startups were hand-selected in collaboration with ITIDA/TIEC — ensuring the highest possibility of a successful match at this invite-only event.