CUBIT VENTURES
Backing digital transformation in North Africa
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 startups driving digital transformation in North Africa.
We invest in inspiring founders who leverage local engineering talent, helping them scale with our extensive global network.
OUR TEAM
Co-founder & Senior Advisor
PAUL BRAGIEL
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.
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/
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.
OUR PORTFOLIO
ILLA
An asset light logistics tech company that manages and executes logistics of FMCGs from raw material to retail shelves with the least cost per case
ROLOGY
An AI-assisted teleradiology platform operating across 10 countries, helping save lives by enhancing output accuracy and reducing report delays
SPRINTS
An online tech skills education/training provider providing mass access to quality technical education
ELGAMEYA
A collaborative lending and saving solution through an integrated marketplace availing BNPL (Buy Now Pay Later) in the format of the Consumer ROSCA (Rotating Savings and Credit Associations) model with offers and exclusive discounts.
TARGET IMPACT
Supporting companies that make us proud of what they do
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Helping local companies scale globally capitalizing on our expansive global networks
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Backing North African startups will be instrumental to tech talent brain-drain reduction
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We believe that startups are the primary vehicle for innovation and job creation in North Africa
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In search for startups where the solution directly creates impact for low and middle-income communities
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In search for solutions that enable financial inclusion across different socio-economic segments
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In search for solutions that expand healthcare or education access and/or brings costs down
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We believe that making money and making a positive impact on the world doesn’t have to be mutually exclusive, so we prefer startups with a socially responsive mindset