138pyramids is a development finance initiative launched and managed by Delta Inspire
in an effort to contribute an active role in supporting Egyptian startups and enhancing the development of the Small and Medium Enterprise "SME" sector. We aim to target high impact businesses with high employment opportunities at their early stages to either incubate them or accelerate their growth, unraveling their true potential.
Egypt has 138pyramids Pharonic Pyramid structures: a symbol of advancement and a brand that made ancient Egyptian civilization prominent over centuries. The construction of a Pyramid was a main driver for the establishment of internal settlements positioning Egypt among the first true estates in the world. Moreover, the Pyramids advocated economic growth and catered for the birth of new talents and the flourishment of learning and research. Today, we are taking the initiative to take the hands of Egyptian entrepreneurs to build the future of Egypt with 138pyramids new Pyramids in the form of start-ups and early stage growth companies in different industries.
We are a hybrid financial vehicle of social entrepreneurship, angels, venture capital and private equity.
Our aim is to help entrepreneurs build businesses or grow their existing platform, so that whilst scaling they create job opportunities as well as wealth to all the stakeholders.
Similar to any venture capital we have a general partner that has varied experience that enables the delivery of this financial hybrid. Our limited partners are all with credible multinational and local conglomerates with social impact focus.
Unlike a venture capital that will help you scale but not validate your business and market, we – using Delta Inspire
our management company – offer comprehensive support to early and growth stage companies, i.e. all required business development support aid.
We differentiate ourselves in terms of timing:
- We do not do short term rounds and exit
- We have a model that maybe tough to enter but once named one of our pyramids we will provide the needed help and support in all that comes after
Our exit strategy is based on timing that best meets the mutual interest of all shareholders.
The funding we provide is against ownership and is both cash and in kind for services provided.