COREangles launches COREangels MEA to invest in startups in the Middle East, Africa
- COREangels, a global community of angel funds and investors has launched the COREangels MEA to target investments in early-stage startups in the Middle East and Africa.
- PTS Holding’s ORO Partners is set to lead the fund.
- COREangels was founded in Portugal in 2019, with the aim to connect startups with angel investors from all over the world.
COREangels, a global community of angel funds and angel investors is proud to unveil the launch of COREangels MEA on January 2023.
COREangels MEA is an angel investment network that connects and supports business angels, early stage investors, entrepreneurs and corporates seeking investment opportunities mainly in tech-disruptive innovations throughout Middle-East and Africa
COREangels MEA is the first fund among angel funds of COREangels around the world to focus on this market, in collaboration with PTS Holding’s ORO Partners which will lead the fund.
Maha Mandour, Group Managing Director of PTS Holdings said: “The vision is to source unique investment opportunities in innovative ideas and startups in the region from a new generation of young talented individuals and working with them closely to play a significant role in a way that will guarantee a brighter future for the region.”
This fund will invest in pre-seed and seed tech-startups in the Middle East and Africa, targeting hundreds of startups and angel investors.
COREangels MEA is based in Cairo Agora Building, North 90s street, Office D-14 , Egypt and is part of the global community of COREangels International.
On the other side, Reem sherif Managing partner of ORO partners expressed excitement on leading COREAngels MEA angel fund and looking forward to welcoming both startups and investors on board this fund.