Investing in Transformation
CUBIT VENTURES
Backing digital transformation in Egypt
We invest in inspiring founders who leverage local engineering talent helping them scale with our extensive global network
OUR STORY
Cubit Ventures is an early stage venture fund backing tech/SaaS startups driving digital transformation in Egypt.
We invest in inspiring founders who leverage local engineering talent, helping them scale with our extensive global network.
Cubit Ventures is capitalising on Egypt’s imminent economic ascent coupled with an accelerated digital adoption across all sectors.
OUR TEAM
PAUL BRAGIEL
Co-founder & Senior Advisor
Paul is an entrepreneur turned globe trotting investor. He has 3 startups under his belt and has subsequently co-founded 6 funds across 4 continents. Through the multiple funds he helped create, Paul participated as an investor or advisor in the seed/series A rounds of 200+ companies. This includes holdings in billion-dollar companies like Uber, Stripe, Niantic (Pokemon Go), Unity, and Zappos. Paul supports with the fund strategy and portfolio companies' growth strategies.
He travels around the world to give lectures on venture capital and is an advisor to governments on their technology and entrepreneurship policy including Philippines, Singapore, Brazil and Tanzania.
RAFEH SALEH
Co-founder & Managing Partner
An experienced executive, entrepreneur, and management consultant with triple-digit track record.
Advised numerous companies of all sizes on growth, turnaround, and business restructuring strategies.
Country Director at Founder Institute (FI)
Board Member at Falak Startups
Advisor at Loyal VC
Former Managing Partner at CID Consulting; Egypt’s largest consulting firm
Former General Manager of NGS; later acquired by Citystars
In addition to his roles with FI & Falak, Rafeh is a Judge with the Jack Ma Foundation Africa Netpreneur Prize Initiative (ANPI), MINT selection panelist, and mentor with Endeavor, Flat6Labs and AUC V-lab, granting him early deal flow visibility.
He mentored numerous startups from idea to seed funding stages.
HEBA ALI
Investment Committee Member
Egyptian/American VC, development economist, and business consultant. Investing in high-growth startups and leading impact-driven organizations that foster entrepreneurship ecosystems in emerging markets since 2007.
Former Managing Director at Egypt Ventures
Former Partner at Endure Capital
Former Vice Chairwoman at Falak Startups
Former Entrepreneurship Advisor at Mercy Corps
AYMAN ASHOUR
Investment Committee Member
Ayman Ashour served as Chairman and CEO for Identiv (IPO exit: US:INVE, Frankfurt INV) which he joined in January 2010 following the combination of Bluehill ID (which he founded & exited) and SCM Microsystems. Ashour’s experience includes several senior executive positions within the security and identification technology industries. Ashour serves as Adjunct Lecturer at Suffolk University in Boston, MA
CON O'DONNELL
Investment Committee Member
Wayback: Began in editorial and content creation.
-Founded a creative design agency in 1996 (Cairo), published first 'magazine' "Little Vision" in 1996 (Cairo), published "Nite Life" magazine in Cairo in 1998, founded Total Design boutique design agency and published Egypt's first pocket guide to entertainment and dining "The Croc"
2001 Co-founded Sarmady Communications (one of foremost digital media content and marketing companies in the country) and published: FilGoal.com, FilFan.com, Mujaz.me, Contactcars.com, FilBalad.com, Mangam.com, Qabeela.com (defunct)
2011 Sold Sarmady to Vodafone
2012 Mentoring (lots of mentoring) for start-ups in Flat6Labs, Google Ebda2, and speed-mentoring initiatives supported by ECP.
MOHAMED FARAG
Tech DD Advisor
Mohamed is a highly entrepreneurial engineer with a mixed bag of skills and experiences in industrial automation, software development, embedded systems and mergers and acquisitions in the software industry. Worked in the software industry for 10+ years starting as a freelancer, developer, engineering manager and Technical Due Diligence.
Former Software Engineering Manager at ESW Capital, Mohamed performed due diligence and source code analysis on 35+ companies for a portfolio worth $250M+, 25 of which were acquired.
He is the founder of SubsBase, a subscription management platform that provide data insights for marketing and growth hacking
THE STORY BEHIND OUR NAME
The ancient Egyptian royal cubit is the earliest attested standard measure.
Mastering measurement was a key to the success of the ancient Egyptian empire. The power of measurement is that it created order out of chaos and allowed civilisation to flourish.
/ˈkjuːbɪt/
A UNIQUE MODEL
Cubit Ventures unique active LP model brings our significant network of executives as invested stakeholders to our portfolio companies.
Our strategic alliance with Founders institute and our extensive eco-system engagement ensures great deal flow, business acceleration, market access, and exit potential.
We look at the world through the startup founder’s eyes and work really hard to influence the outcome.
OUR PARTNER
Cubit Ventures has a strategic relationship with the Founder Institute, with access to the world's largest network of mentors and investors (14,000+), and a global network of 4000 companies ($20B portfolio value) across over 200 cities.
The Founder Institute (FI) is the world's largest pre-seed accelerator. Based in Silicon Valley and with chapters across 65 countries.
TARGET CRITERIA
We look for
Great timing
Great complementary team
Offer a killer solution to existing problems
Achieved some product-market fit
Early traction with MoM growth in key metrics
Large growing market with ability to scale to a global level
Tech talent on core team