Saudi-Egyptian investment firm Edafa Venture has acquired Egypt-based Cyclex in a six-figure deal, a strategic move aimed at deepening its portfolio in the region’s growing circular economy. The deal, facilitated by entrepreneurship platform Startup Sync, was finalized in the second half of 2025.
Quick Facts
- Deal: Six-figure acquisition of Cyclex.
- Acquirer: Saudi-Egyptian firm Edafa Venture.
- Sector: Non-hazardous waste recycling in Egypt.
A Strategic Play in Egypt’s Circular Economy
Cyclex operates in Egypt’s waste management sector, focusing on converting non-hazardous solid waste into marketable products with economic value. The acquisition directly supports Edafa Venture’s strategy to expand its investments in sustainability and circular business models.
In a statement, Edafa Venture framed the acquisition as a key step in strengthening its sustainability-focused portfolio. The firm noted that integrating Cyclex will enhance its operational capabilities and support the development of more efficient circular solutions that align with Egypt’s national development goals.
The Role of Startup Sync
The deal was brokered by Startup Sync, an integrated platform operating in both Egypt and Saudi Arabia. The platform managed the connection between the two parties and facilitated the valuation and negotiation processes.
Essam Ali Mostafa, CEO of Startup Sync, commented on the partnership, stating, “We are proud to have contributed to this partnership, as Cyclex represents a promising model with strong growth potential. Its innovative approach to waste management aligns with our platform’s focus on supporting sustainable companies with a positive impact.”
Mostafa added that Startup Sync’s involvement extended beyond simple matchmaking, providing technical support and strategic guidance to help Cyclex find the right partner for its expansion.
Scaling for Impact
For Cyclex, the acquisition marks a “pivotal milestone” in its growth journey. The company’s team stated it has an ambitious expansion plan to scale its operations and deliver new waste management solutions across various industrial and commercial sectors.
By joining Edafa Venture’s ecosystem, Cyclex aims to accelerate its mission of creating economic value from waste while reducing the environmental footprint of industries in Egypt.
About Cyclex
Cyclex is an Egyptian startup focused on converting non-hazardous solid waste into tangible economic value. Through intelligent recycling solutions, it helps create new economic opportunities and reduce environmental impact, with plans to expand across multiple industrial and commercial sectors.
About Edafa Venture
Edafa Venture is a Saudi-Egyptian investment firm. Its acquisition of Cyclex is part of a broader strategy to expand its investment portfolio in the sustainability and circular economy sectors across the MENA region.
Source: Wamda
