Ahmad Gomaa

Ideavelopers

Ideavelopers is a venture capital firm that helps innovative startups become great companies. We are a subsidiary of EFG-Hermes Private Equity. The firm manages the Technology Development fund – a $50 million fund focused on early stage technology companies. To date, we have invested over $25 million in 17 companies operating inside and outside Egypt. Our mission is to invest, and support startups with great potential. We not only provide risk capital to our portfolio companies, but also support them with strategic advice and industry access. When evaluating a startup, we look for strong teams with differentiated offerings that target sizable markets and can consequently realize attractive financial returns.