Investors Are Shifting Focus Towards Waste-to-Value Startups
Averroes Ventures, an Egypt-based venture capital firm, is set to launch a $50 million fund dedicated to startups that transform waste into valuable products. This strategic initiative marks a significant pivot in investor focus toward sustainability and resource efficiency, especially in the context of the Middle East and North Africa (MENA) region. With global supply chains facing persistent disruptions, there is an increasing urgency to build domestic capabilities and reduce reliance on imports.
Capital Flowing into Sustainable Ventures
In an exclusive interview with Asharq, Dr. Ahmed A. Alsharif, the CEO of Averroes Ventures, articulated the firm’s vision to support innovative companies in the waste recycling, agriculture, and energy sectors. This move not only aims to foster startups but also signals a broader trend among venture capitalists looking for opportunities that yield environmental benefits while addressing real economy needs. This rise in interest is evident as startup funding across MENA surged to $3.8 billion in 2025, a 74% increase from the previous year, according to Magnitt.
Sustainability at the Intersection of Investment
The new fund is particularly relevant against the backdrop of Egypt's growing startup ecosystem, which accounted for 20% of Africa's total funding in 2025. As venture capital increasingly targets sectors like manufacturing and energy, Averroes Ventures is positioned to play a pivotal role in advancing the circular economy. Notably, this focus could pave the way for previously overlooked areas like waste management to receive the necessary capital to innovate and scale.
The Future of the Waste-to-Value Sector
One critical component will be how swiftly Averroes Ventures can deploy capital to emerging startups addressing recycling and industrial challenges. The firm aims for a final fund close in Q3 of 2026, supported by a diverse mix of international and local investors. As we monitor this landscape, the impact of these investments will be crucial in determining the growth trajectory of waste-to-value businesses in the region.
Call to Action: Embrace Sustainable Investments
For executives and investors keen on capitalizing on the future of sustainable business practices, engaging with Averroes Ventures or similar initiatives can be a strategic move. By championing startups that contribute to a circular economy, you can not only drive market growth but also foster a more sustainable and resilient resource ecosystem. Stay informed and consider the implications of your investment choices on the future of the planet.
Write A Comment