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Lorax Capital Partners

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 11
Average round size
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The average size of a deal this fund participated in
$62M
Portfolio companies 6
Rounds per year 1.22
Lead investments 3
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.45
Key employees Soon

Areas of investment

  • Financial Services
  • Delivery
  • Micro Lending
  • Banking
  • Loyalty Programs

Related Funds

Funds investing in previous rounds
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Typical Co-investors
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Lorax Capital Partners:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Connect Money

$8M24 Jun 2024 Cairo, Al Qahirah, Egypt

Mylerz

Delivery
E-Commerce
$9M10 May 2022 Cairo, Al Qahirah, Egypt

Lucky

$25M20 Mar 2022 -

Dsquares

Information Services
Information Technology
Loyalty Programs
Software
$1M08 Dec 2020 Cairo, Cairo Governorate, Egypt
News
Egyptian fintech MNT-Halan lands $120M from Apis Partners, DisrupTech and others

– MNT-Halan, a fintech company, raised $120m funding.
– The round was led by private equity firms Apis Growth Fund II, Development Partners International and Lorax Capital Partners, as well as VCs like Middle East Venture Partners, Endeavor Catalyst and DisruptTech.
– It brings the total funding to $150m.
– The company plans to use the funding to expand its services across Egypt and the MENA region.

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Total investments 11
Average round size 62M
Rounds per year 1.22
Peak activity year 2021
Lead investments 3
Follow on index 0.45
Group Appearance index 0.91

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Connect Money

$8M24 Jun 2024 Cairo, Al Qahirah, Egypt

Mylerz

Delivery
E-Commerce
$9M10 May 2022 Cairo, Al Qahirah, Egypt

Lucky

$25M20 Mar 2022 -

Dsquares

Information Services
Information Technology
Loyalty Programs
Software
$1M08 Dec 2020 Cairo, Cairo Governorate, Egypt
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