VentureX announced the successful completion of an investment in Egyptian agritech startup Croptimus, marking a significant step in its mission to support innovation and sustainability across the region.
Croptimus develops innovative solutions in regenerative agriculture and biochar production, helping reduce water and fertilizer consumption, enhance agricultural sustainability, and improve crop quality, delivering tangible economic and environmental impact.
Strengthening Food Security
This investment aligns with the vision of the Jordan-based agribusiness accelerator Hasad, which aims to transform the agricultural sector and strengthen regional food security through innovation. Croptimus is a graduate of the Hasad accelerator, reflecting the success of its support for startups and the advancement of modern agricultural technologies.
Supporting Startups
Commenting on the investment, Farah Al-Nahas stated: “The importance of this investment lies in adding a new specialized investment group to the company’s journey. We look forward to seeing more angel investments that support startups in the agritech sector.”
Sustainability Focus
Croptimus seeks to transform agricultural supply chains (B2B) in Egypt and the region, making them more sustainable, efficient, and environmentally friendly through innovative products such as biochar, activated oil, and bio-oil. These solutions help farmers and companies reduce waste and emissions while improving agricultural productivity.
The company’s products also enable farms to reduce water consumption, improve crop health, and adopt eco-friendly alternatives, contributing to the achievement of regional food security goals.
A Key Milestone
Engineer Ahmed Hasanein, Founder of Croptimus, commented: “We are delighted to welcome VentureX to our journey. This partnership represents an important milestone that validates our vision of innovation with real impact. We are transforming agricultural and food waste into biochar and sustainable products, helping farmers and businesses reduce waste and emissions. Together with our partners, we aim to accelerate the regional and global deployment of our technology to achieve greater impact.”
Product Development
Malak Al-Ahmad, Investment Analyst at VentureX, added: “This investment strengthens Croptimus’s ability to further develop its products, expand its impact, and achieve its targeted growth.”
Strategic Step
VentureX’s investment in Croptimus represents a strategic move to support sustainable agricultural technologies in the region, reinforcing confidence in the company’s ability to scale and generate tangible economic impact, while contributing to regional efforts to develop innovative solutions to climate and food security challenges.
Source: Press Release
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