AUC Angels, the first university based investment network in the Middle East, has announced its investment in dental 3D printer manufacturer, Mogassam and AR furniture startup, Furnwish. The network led the pre-seed round for Mogassam, and participated in the seed round for Furnwish. However, the exact investment amounts were not disclosed.
Mogassam: Streamlining the Dental Workflow
Founded by Ahmed Adel, Ahmed Atef and Mostafa Saleh, Mogassam is a B2B platform that designs, manufactures and markets digital light processing (DLP) 3D printers, currently used for dental equipment. Mogassam digitizes the workflow for dentists allowing them to print their own crowns, aligners and Hollywood Smiles based on their patient’s imprint. The startup aims to complete the digital dental workflow.
Furnwish: Brining Your Furniture to Life
Founded by Reham Elmasry, Ahmad Amin and Inji Naguib, Furnwish is an augmented reality (AR) application empowering furniture stores and design professionals to better showcase their products and services. An innovative solution helping millions of people who are trying to furnish their homes, the startup has been making waves ever since it launched in 2017. Most recently, Furnwish won the title of “best company that has innovative work plans for the future” at the Consumer Electronics Show (CES) in Las Vegas in January 2020.