CAIRO - 15 September 2020: Washington DC-based venture capital firm Openner.vc announced that it's currently accepting applications from Egyptian start-ups. Applications are open all-year round, as no specified one-size-fits-all program will be implemented across all 50 selected start-ups. Openner is a pre-seed and seed venture capital firm focused on investing in technology-based startups globally, which invested in over 100 startups. Entering Egypt with its accelerator program is set to enable the firm to invest in 50 Egyptian startups. Openner deployed $25 million in over 100 portfolio companies in the US since Q4-2016, with an aggregate valuation of $2.95 billion.

Source: Egypt Today September 15, 2020 15:22 UTC