Jordan-based investment management firm The VentureX has announced a strategic investment in Croptimus, an Egyptian AgriTech startup focused on regenerative agriculture and bio-coal production. This funding marks a significant step in Croptimus’s mission to enhance agricultural sustainability and food security across the region.
Cultivating a Sustainable Future
Croptimus is at the forefront of developing innovative solutions that address critical challenges in agriculture. The company specializes in converting agricultural and food waste into high-value products like biochar, activated oil, and bio-oil. These products help farmers and agricultural businesses reduce their consumption of water and fertilizers, improve crop health and yield, and minimize waste and emissions.
By transforming agricultural supply chains to be more efficient and environmentally friendly, Croptimus provides tangible economic and ecological benefits, contributing directly to the region’s food security goals.
A Strategic Partnership for Growth
The new capital will enable Croptimus to further develop its proprietary technology, expand its product line, and scale its impact across Egypt and the wider MENA region.
“We’re happy to have VentureX join our journey. This partnership represents an important step that affirms the validity of our vision based on real impact,” said Ahmed Hassanein, Founder of Croptimus. “Collaborating with our partners, we will seek to accelerate the deployment of our technology regionally and internationally, which makes a bigger impact.”
Malak Al-Ahmad, Investment Analyst at VentureX, added, “This investment bolsters Croptimus’ ability to develop its products, expand its influence and achieve the desired growth.”
From Accelerator to Investment
This investment reinforces a long-standing relationship, as Croptimus is a graduate of the VentureX-managed “Hassad” accelerator program. The program is designed to transform the agricultural sector by fostering innovation and supporting promising AgriTech startups.
“The importance of this investment is that it represents a new addition from a specialized investment group, and we look forward to seeing more angel investments supporting startups in the agri-tech sector,” commented Farah Al-Nahhas.
The investment underscores VentureX’s confidence in the Croptimus team and its potential to lead the charge in sustainable agricultural technology, addressing key climate and food challenges in the MENA region.
About Croptimus
Founded by Ahmed Hassanein, Croptimus is an Egyptian AgriTech startup that develops innovative solutions in regenerative agriculture. The company transforms agricultural and food waste into sustainable products like biochar, helping farmers and businesses reduce waste, decrease water and fertilizer consumption, and improve overall crop quality and productivity.
About The VentureX
The VentureX is a Jordan-based investment management company that establishes and manages accelerators for startups and SMEs. It creates dedicated funds to support high-potential, impact-driven ideas across various sectors, including agriculture, healthcare, and tourism, with a focus on fostering entrepreneurial and economic development in the MENA region.
Source: The VentureX
