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    HomeEcosystem NewsLatest FundingEgypt’s Female Investor Network Makes Maiden Investment in Medical Device Startup, InCurA

    Egypt’s Female Investor Network Makes Maiden Investment in Medical Device Startup, InCurA

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    Tiye Angels, the pioneering network of female angel investors in Egypt, has announced its maiden investment in InCurA, a burgeoning company specializing in cutting-edge, patent-protected medical device solutions. This significant investment marks a pivotal moment for both Tiye Angels and InCurA, underscoring investors’ confidence in the company’s capacity to drive positive change.

    “We are thrilled to unveil our inaugural investment in InCurA,” stated Christine Sedqi, Director of the Tiye Angels Network. “The company boasts a talented team, holds the intellectual property rights to its products, has forged licensing and manufacturing partnerships, and harbors a clear vision aimed at addressing crucial needs within the medical device sector. We are steadfast in our belief in InCurA’s potential for growth and the constructive impact it will have on both the Egyptian and regional economies.”

    InCurA, spearheaded by Wissam Sarhan (CEO and Co-Founder) and Musa Salem Al Sayed (CTO and Co-Founder), stands as the foremost IP factory in the MENA (Middle East and North Africa) region dedicated to crafting top-tier medical devices, offering innovative solutions with scalable manufacturing capabilities. Notably, InCurA’s solutions not only enhance existing market offerings but also serve as robust import substitution products in a region where over 90% of medical devices are currently imported.

    Commenting on Tiye Angels’ investment, Wissam Sarhan, CEO and Founder of InCurA, remarked, “Tiye Angels’ investment transcends mere capital infusion. We are grateful to be aligned in values and to receive the backing of Tiye Angels. We eagerly anticipate collaborating with them to facilitate healthcare access and propel InCurA’s expansion.”

    This investment not only signifies a vote of confidence in InCurA’s innovative approach but also underscores the growing prominence of female-led investment initiatives in Egypt’s entrepreneurial landscape. As Tiye Angels continues to pave the way for female investors, its support for InCurA amplifies the momentum behind Egypt’s burgeoning medical device sector.

    The partnership between Tiye Angels and InCurA embodies a fusion of expertise, vision, and commitment to driving positive change in healthcare delivery, ultimately aiming to improve accessibility and affordability for patients across the region. With this landmark investment, InCurA is poised to accelerate its growth trajectory and solidify its position as a leader in the development of groundbreaking medical solutions.

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