A15

Egypt-based venture capital firm that invests at pre-seed and seed stage in technology companies across the Middle East and North Africa, with 40 active portfolio companies and nine exits.

Industry: Venture capital | Location: Cairo, Egypt | Founded: 2014

About A15

A15 is a venture capital firm headquartered in Egypt that invests early in technology companies in the Middle East and North Africa, mainly at pre-seed and seed stage. Its website describes a founder-first approach, operational help when portfolio companies ask for it, support with follow-on fundraising and help planning exits. In its tenth-anniversary post, A15 said it had 40 active portfolio companies across more than 20 countries.\n\nForbes Middle East gives 2014 as the year Karim Beshara co-founded A15. Beshara is Managing Partner; his earlier roles include chief executive of Orascom Telecom Media and Technology from 2012 to 2014 and co-founder and chief executive of LINKdotNET. The team page also lists Fadi Antaki and Bassem Raafat as partners; Raafat joined in 2022.\n\nA15's portfolio page groups its holdings by sector, including fintech, consumer, media, cloud and software, logistics, healthcare, security and artificial intelligence. Named companies include Paymob, Sympl, FlapKap, Tagaddod and Byit. Wamda reported in November 2021 that A15 was the first investor in Sympl, an Egyptian buy-now-pay-later company, without disclosing the amount.\n\nIn 2018 A15 sold a 76% stake in the payments company TPAY Mobile to Helios Investment Partners, which it called its first Dragon, meaning an investment that returns the whole fund. A second Dragon followed with the sale of Connect Ads to Aleph Group. A15 said its first fund had returned just over ten times paid-in capital to investors, with eight exits, the latest being Link Development, sold to Beyon Solutions in 2024. Waya reported on 20 April 2026 that A15 sold Viral Wave to PopArabia, a regional partner of Nasdaq-listed Reservoir, its ninth exit; terms were not disclosed. The pages reviewed do not state the size of A15's funds.\n\nIn January 2026 A15 announced a new investment of $1 million in Knot Technologies and took part in a $1.1 million round for Byit alongside Beltone Holding and angel investors. On 20 September 2026 it said it had joined the NVIDIA VC Alliance to support Egypt's artificial intelligence sector. TechScoop reported in June 2026 that A15 is a partner in a data centre project led by Hassan Allam's digital arm.

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