Raya FutureTECH Accelerator
26th July St., Touristic Zone, 6th of October, Al Qahirah, 12568, Egypt
Overview
Raya FutureTECH is a corporate startup accelerator powered by Raya Holding's expanded strategy and strong ambition to foster innovation through technology.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 0
Sector focus
- Venture Capital
Investment portfolio
- Nanovate
Participated · Seed · Oct 2025
Founded in early 2025 by Nancy Madbouly and Ahmed Gamal, Cairo-based Nanovate specialises in end-to-end Arabic artificial intelligence products. The company has developed its own large language models to power advanced voice and chat agents, automation workflows, and customised AI applications that let businesses operate in their native dialects. Its recently launched beta dashboard allows non-technical users to create Arabic chat agents without writing code, integrating language understanding, real-time speech and emotion recognition, and workflow automation in one platform. Nanovate positions itself as foundational infrastructure for Arabic AI, covering 22 regional dialects. Backed by the MINT Incubator by EG Bank and the Raya FutureTECH Accelerator, the startup plans to expand into Saudi Arabia and the UAE, deepen integrations with CRM and ERP systems, and invest further in R&D. The new capital will also be used to scale hiring across industries. No operating metrics such as revenue or user numbers were disclosed.
Team
No current team members are available.