Cairo Angels, a global network of angel investors focused on supporting startup opportunities in Egypt, the Middle East and Africa, is delighted to announce its most recent investment in Vetwork.
Founded by Fady Azzouny, Abdelrheem Hussein and Zeinab ElGeziry, whom all are veterinarian doctors, Vetwork is an on-demand pet care startup at your doorstep founded in late 2017. The company now services users in Cairo, Alexandria, the North Coast and has just expanded to Riyadh.
The Cairo Angels, Misk 500 Startups and Saudi angel investors have all invested in this seed round, which marks the first investment for Vetwork. The Company is now well-capitalised to grab a significant stake in this fast-growing and exciting sector.
Fady Azzouny, CEO and co-founder of Vetwork, said:
“There are two reasons that make this investment very close to my heart: first, it’s coming from the Cairo Angels, which is one of the leading angel networks in MENA, who are also the engine behind MINT Incubator in cooperation with EG Bank, the incubator where we got introduced for the first time to ‘what is a startup?’ and to the ecosystem. Second, we believe working with Cairo Angels will get us exposed to their deep expertise in investment, consultancy, and growth, we believe that their commitment to our company will give us a very promising runway for the next few months. We are excited in taking the next step in our growth story and better serving our customers.”
Zeina Mandour, General Manager of the Cairo Angels, said:
“We are very pleased to have closed this investment round and to have co-invested in this opportunity with other regional angel investors. We are very confident in the Vetwork team, who we have worked with closely when they were part of the MINT incubator. Since then, they have gone from strength to strength and they have already expanded in different areas in the region, including most notably Saudi Arabia. The sky is the limit for the Vetwork team!”
ⓘ Source: Press Release | Image: Vetwork Facebook page