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Saudi-Egyptian investment firm Edafa Venture has acquired Egypt-based recycling startup Cyclex in a six-figure deal, marking a strategic move to deepen its footprint in sustainability and circular economy investments.
The transaction, completed in the second half of 2025 and facilitated by entrepreneurship platform Startup Sync, underscores rising investor interest in waste management solutions that convert environmental challenges into economic opportunities.
Founded to address non-hazardous solid waste, Cyclex operates by transforming waste into marketable products, offering practical recycling solutions that generate value while reducing environmental impact. The company has positioned itself as a differentiated player in Egypt’s waste management sector, targeting expansion across industrial and commercial segments.
Startup Sync played a central role in the deal, supporting valuation, negotiations, and partner alignment. Essam Ali Mostafa, CEO of Startup Sync, said the acquisition highlights the platform’s broader mission beyond matchmaking.
“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,” he said.
Mostafa added that Startup Sync also provided technical and strategic support, helping Cyclex identify the right partner to accelerate its growth trajectory.
For Edafa Venture, the acquisition aligns with its strategy to expand its sustainability-focused portfolio. The firm said integrating Cyclex into its ecosystem will enhance operational and technical capabilities while supporting the development of more efficient circular solutions in line with Egypt’s sustainable development goals.
Cyclex described the deal as a “pivotal milestone” in its journey, enabling it to scale operations and advance its mission of delivering innovative waste management solutions. The company reaffirmed its commitment to sustainability and its ambition to unlock new economic opportunities through intelligent recycling.
The acquisition reflects a broader trend of increasing investment in circular economy ventures across the region, as stakeholders seek scalable solutions to environmental challenges while driving long-term economic value.
James Musoba Read More