رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

Edafa Venture Acquires Two AI Startups at AI Everything MEA Cairo

Edafa Venture

Edafa Venture announced the acquisition of two AI startups operating in the construction and healthcare sectors during AI Everything Middle East & Africa – Egypt, organized by GITEX Global in Cairo on February 11–12, 2026.

These six-figure dollar acquisitions were among the most notable investment deals announced during the event.

Edafa Venture’s Strategy to Support AI Innovation

The acquisitions reflect Edafa Venture’s strategy to strengthen its presence in the technology and artificial intelligence ecosystem while building an investment platform that supports promising startups and enables their regional expansion, accelerating the adoption of AI-driven solutions across key industries.

Acquisition of Kuadra and IRRI Vision

The transactions involved two AI-focused startups: Kuadra, a construction technology company, and IRRI Vision, a health-tech platform.

Kuadra leverages AI to transform the planning, management, and execution of large-scale construction projects through interconnected smart operating systems that enhance efficiency and streamline project operations.

Meanwhile, IRRI Vision is an Egyptian health-tech company that develops AI-powered solutions to support physicians and healthcare providers with faster and more accurate diagnostic tools, helping improve treatment outcomes and the overall quality of healthcare services.

Essam Aly Comments on the Acquisitions

Commenting on the acquisitions, Essam Aly, CEO of Edafa Venture, said that the deals demonstrate Egypt’s growing attractiveness as a destination for AI investment.

“These developments confirm that Egypt is no longer merely adopting digital solutions; it is building a comprehensive innovation ecosystem capable of developing and exporting technology, further strengthening its position as a regional hub for innovation across the Middle East and Africa,” Aly added.

He noted that the acquisitions reflect the quality of innovation showcased during the exhibition and highlight the value of bringing together entrepreneurs, investors, major corporations, and policymakers under one roof.

“The exhibition provided an environment where innovative ideas could be transformed into tangible investment opportunities,” he disclosed. “Such interactions play a critical role in accelerating startup growth and fostering a more dynamic AI ecosystem.”

AI Everything MEA Cairo Drives Strategic Partnerships

Aly noted that the acquisitions were part of the broader wave of technology and investment activity witnessed during the exhibition, which has evolved into a leading platform for strategic partnerships, investments, and acquisitions, reflecting the rapid growth of AI-driven startups across Egypt and the Middle East.

أخبار ذات صلة

WorkShift

WorkShift 2026 Summit to Shape the Future of Digital Work with ITIDA as Strategic Partner

Noventiq

Noventiq Participates as Titanium Sponsor at CAISEC 2026 Cybersecurity Conference in Cairo

Kia

Kia Earns Four Honors in U.S. News & World Report’s 2026 Best Adventure Vehicles Awards

C

C Developments Targets EGP 1bn in Contractual Sales During H2 2026 Amid Strong Demand for Its Projects

Egyptian

Egyptian Expat Remittances Surge to USD 34.9 Billion in First Nine Months of FY 2025/2026, Up 32%

Majid Al Futtaim

Majid Al Futtaim Breaks Ground on JUNCTION in West Cairo with EGP 500 Million Enabling Works Investment