Cairo - Mubasher: Nawah Scientific, Egypt’s deep-tech and life science company specialized in scientific and industrial testing services, has closed a $23 million Series A round, a mix of equity and debt.
The round was led by Life Ventures Holding, with participation from Den Ventures, Empire M, AfricInvest, and Elsewedy, alongside banks and angel investors, according to a press release.
Nawah will use the capital to build a 10,000-sqm global R&D center in Rwanda, double lab capacity in Egypt and Saudi Arabia, and expand across North Africa and Europe.
Founder and CEO Omar Shokry Saqr highlighted that the funding round strengthens Nawah’s research and tech backbone for its next growth phase.
Over 10 years, Nawah has tested over a million samples, employed 160 researchers, and served clients in more than 30 countries.
