Beltone Venture Capital
Corporate VCNew Cairo · Pre-Seed–Growth · 9 people tracked
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Investment thesis
Early-stage tech startups in Africa/MEA: venture arm of a fast-growing MENA financial group connects founders to investment banking, asset management and non-bank financial institutions; led by Forbes-recognized Ali Mokhtar.
Source: firm website, verified Sep 27, 2026.
Team · 9 people
from the firm's website & curated & public directoriesGroup CEO and Managing Director of Beltone Holding.
Independent non-executive board member of Beltone Holding and General Manager and Technology Leader at IBM Egypt.
Non-executive board member of Beltone Holding and Chief Investment Officer at Chimera Investment.
Non-executive board member of Beltone Holding and Chief Investment Officer at 2PointZero.
Chairman of Beltone Holding who also serves as CEO, Managing Director and Board Member of International Holding Company.
Independent non-executive board member of Beltone Holding and Associate Professor of Finance at The American University in Cairo School of Business.
Creative lead at CK Invest who trained at German agencies such as Jung von Matt and Serviceplan, working on clients like Sixt, MINI, Bosch and Samsung, and now oversees marketing and communications across the group's companies.
Olivia McGee is an Office Assistant at ECI Partners LLP, where she provides administrative and operational support within a private equity environment. Her responsibilities include diary management, meeting coordination, support to senior team members, and oversight of office facilities and maintenance. She holds an LLB (Hons) degree.
Ali Mokhtar, CEO and Managing Partner, holds an unusual dual VC and growth-stage PE mandate and connects founders to the group's broader financial‑services ecosystem for strategic, capital‑markets and scaling support.
Founder mafia
2 people who came through Beltone Venture Capital went on to found or lead other companies.
What they invest in
from 3 of 4 portfolio companiesAI & Machine Learning ×1Enterprise Software ×1Future of Work ×1HR Tech ×1Marketing Tech ×1Media & Entertainment ×1SaaS ×1Wellness & Fitness ×1
HQs:Egypt×2
Investments · 4 tracked
founders shown can be your intro pathBluworks provides HR and workforce operations software designed for businesses with dynamic, shift-based work across multiple locations.
Enterprise SoftwareFuture of WorkHR TechSaaSCairo, EG
HusseinFarah
Co-investorsA15Acasia VenturesCairo Angels Syndicate FundEnza CapitalKhwarizmi VenturesCamel Ventures
Grinta runs an online marketplace for pharmaceutical procurement in Egypt, linking pharmacies with manufacturers, distributors, and wholesalers.
Wellness & FitnessDover, EG
Mohamed Azab
Co-investors500 GlobalA15RAED VenturesEndeavor Catalyst
Ingressive Capital is a venture capital firm that invests up to $500k in pre-seed and seed-stage technology startups across Sub-Saharan and North Africa, typically targeting around 10% ownership.
Sector Agnostic
Maya Horgan Famodu(Founder)in
Co-investorsSand Hill AngelsA15HoaQIngressive CapitalPlus VCTechstars
Fame Clips provides a done-for-you podcast and audio clip editing service that combines AI with human editors to produce short-form vertical and square video clips for social platforms like TikTok, LinkedIn, and YouTube.
AI & Machine LearningMarketing TechMedia & Entertainment
Co-investorsFusion VC
Portfolio news
latest coverage across their companiesIngressive Capital · edtechinnovationhub.com · Feb 12, 2026
Bluworks · thesaasnews.com · Nov 25, 2025
Frequently asked questions
- What stage does Beltone Venture Capital invest at?
- Beltone Venture Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
- What sectors does Beltone Venture Capital focus on?
- Beltone Venture Capital focuses on Fintech, Sector Agnostic.
- Where is Beltone Venture Capital located?
- Beltone Venture Capital is headquartered in New Cairo, EG.
- Does Beltone Venture Capital lead rounds?
- Beltone Venture Capital typically participates in rounds rather than leading them.
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