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FundForum Edge: Middle East
June 2023

Hany Al-Sonbaty
Managing Partner at Sawari Ventures


Hany Al-Sonbaty is Managing Partner of Sawari Ventures, and co-founder of Flat6Labs, the largest accelerator in the MENA region, which helps entrepreneurs launch their companies through funding, training and mentorship. His focus at Sawari centres around helping up and coming founders push the boundaries of the status quo toward creative disruption.

Hany has over 20 years experience in private equity and venture capital. Prior to co-founding Sawari Ventures, he was a Partner and Head of the Technology, Media and Telecom investments section at EFG-Hermes Private Equity, a leading private equity house in the Middle East. During this time, he founded Ideavelopers, EFG-Hermes Private Equity’s dedicated venture arm, pioneering the introduction of institutional venture capital in MENA and launching the Technology Development Fund, one of the region’s first serial TMT-focused venture capital funds. He also managed EHPE’s largest general fund, Horus III, with a total portfolio size in excess of $500 million.

Hany holds a Bachelor of Engineering degree in Electrical and Electronic Engineering and a Masters of Science Degree in Communications and Signal Processing from Imperial College, London.

Agenda Sessions

  • Private Equity, Venture Capital and Investing opportunities in Egypt