Startup Sync facilitates Edafa Venture’s six-figure acquisition of Cyclex to boost Egypt’s circular economy

Bitcoins

Startup Sync, the entrepreneurship platform active in Egypt and Saudi Arabia, has successfully facilitated the acquisition of Egyptian recycling startup Cyclex by Edafa Venture, a leading venture capital firm in both markets.

Cyclex specializes in recycling non-hazardous solid waste and transforming it into valuable products, underscoring the rising interest in sustainable investments and the growing momentum of the circular economy in Egypt.

The deal, finalized in the second half of 2025, highlights Startup Sync’s pivotal role in connecting stakeholders, streamlining valuation and negotiation processes, and ensuring the acquisition was completed efficiently and in line with best practices in startup investment.

The six-figure investment will enable Cyclex to expand operations, enhance efficiency, and continue delivering innovative waste management solutions. By converting waste into marketable products, the company creates economic value while reducing environmental impact.

Essam Ali Mostafa, CEO of Startup Sync, emphasized the platform’s broader role: “Startup Sync provided technical support and strategic guidance, helping Cyclex select the right partner to accelerate its expansion plans.”

He added that Startup Sync goes beyond matchmaking, offering startups practical tools, growth strategies, and hands-on expertise in marketing, operations, and scaling.

bitcoins Startup Sync facilitates Edafa Venture’s six-figure acquisition of Cyclex to boost Egypt’s circular economy

Edafa Venture described the acquisition as a strategic move to strengthen its sustainability-focused portfolio. The firm noted that integrating Cyclex into its ecosystem will enhance operational and technical capabilities, support expansion, and contribute to developing efficient circular solutions aligned with Egypt’s sustainable development goals.

Edafa further stated that the deal reflects confidence in Cyclex’s business model and growth potential, reaffirming its commitment to backing innovative projects with positive environmental and social impact.

Cyclex expressed gratitude for the support from both Startup Sync and Edafa Venture, calling the acquisition a pivotal milestone in its growth journey. The team outlined ambitious plans to scale operations and deliver advanced waste management solutions while remaining committed to sustainability and the circular economy.

This acquisition stands as a model of how sustainable innovation, strategic investment, and effective startup support can converge to drive economic growth, social impact, and environmental progress in Egypt.

Daily News Egypt Read More

Latest

The Outer Worlds 2 studio Obsidian accused of “violating state wage and hour laws” for profit in California lawsuit

The company denied the allegations earlier this year Image credit: Microsoft Obsidian Entertainment, developers of The Outer Worlds 2 and Avowed, have been sued in California for allegedly engaging "in a systematic pattern of wage and hour violations". The case was initially filed in the Superior Court of Orange County by plaintiff Victoria Turner in

PlayStation CEO Responds to Reports They Are No Longer Releasing Single-Player Games on PC

by William D'Angelo , posted 2 days ago / 15,994 Views Sony Interactive Entertainment CEO Hideaki Nishino was asked about the recent reports that claim first-party narrative single-player PlayStation games would no longer release on PC and remains exclusive to PlayStation consoles, while live service titles would still come to PC to reach a wider

2026 World Cup: How Portugal can get the best from Cristiano Ronaldo – Ex-Super Eagles captain Oliseh

Soccer Cristiano Ronaldo of Portugal. Copyright: xBahhoxKarax Former Super Eagles...

Newsletter

Don't miss

The Outer Worlds 2 studio Obsidian accused of “violating state wage and hour laws” for profit in California lawsuit

The company denied the allegations earlier this year Image credit: Microsoft Obsidian Entertainment, developers of The Outer Worlds 2 and Avowed, have been sued in California for allegedly engaging "in a systematic pattern of wage and hour violations". The case was initially filed in the Superior Court of Orange County by plaintiff Victoria Turner in

PlayStation CEO Responds to Reports They Are No Longer Releasing Single-Player Games on PC

by William D'Angelo , posted 2 days ago / 15,994 Views Sony Interactive Entertainment CEO Hideaki Nishino was asked about the recent reports that claim first-party narrative single-player PlayStation games would no longer release on PC and remains exclusive to PlayStation consoles, while live service titles would still come to PC to reach a wider

2026 World Cup: How Portugal can get the best from Cristiano Ronaldo – Ex-Super Eagles captain Oliseh

Soccer Cristiano Ronaldo of Portugal. Copyright: xBahhoxKarax Former Super Eagles...

2026 World Cup: Ex-Nigeria striker warns ‘tactically dull’ South Africa ahead of must-win Korea clash

Soccer South Africa head coach Hugo Broos. Copyright: Imago Former...

Business delegation visits Kazakhstan to strengthen economic and trade cooperation

Astana, Kazakhstan, Jun 2, 2026 - (ACN Newswire) - A business delegation led by the Chief Executive of the Hong Kong Special Administrative Region (HKSAR), John Lee, and organised by the Hong Kong Trade Development Council (HKTDC), began its visit to Astana, the capital of Kazakhstan, on 1 June. During the visit, a total of 43

13 Real Business Trip Stories That Prove Work Travel Collects More Stories Than Miles

Real business trips almost never go the way the itinerary promised. They start with a confidently-packed suitcase and an eight-page agenda, and somewhere between the airport gate and the hotel breakfast they quietly turn into something nobody could have invented — equal parts comedy, chaos, and unscheduled adventure. These 13 real business trip moments are exactly that kind of work-trip plot

Your business texts could look like scam messages from July 1 if you don’t act now

From July 1, any branded SMS your business sends without a registered sender ID will be labelled “Unverified” and grouped with scam messages.  What’s happening: From 1 July 2026, any business or organisation that sends SMS using a branded name, such as “MyShop” or “AcmeServices”, instead of a phone number, must have that sender ID