Egypt’s Nawah Scientific raises $1 million in equity and debt to grow its scientific research platform

Egypt’s Nawah Scientific raises $1 million in equity and debt to grow its scientific research platform

2021-01-07

Cairo-based life science startup Nawah Scientific has raised $1 million in fresh funds in a round comprised of both equity and debt, it announced in a statement to MENAbytes today. The round that takes Nawah Scientific’s total capital raised to date to $2 million was led by its existing investor Egypt Ventures, with the participation of newly launched Alexandria Fund, Cairo Angels, Alex Angels, Hult Alumni Angels, and a few other investors. 

Founded in 2015 by Dr. Omar Sakr, Nawah Scientific offers on-demand scientific, research, and analytical services to scientists, pharmaceutical companies, and different other users. Nawah collects samples from a user’s doorstep after receiving the experiment requests on its online platform. Its in-house scientists then carry the needed tests in its multi-purpose lab and return the results online.