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Key people at HIMangel.
HIMangel operates as an early-stage fund dedicated to empowering nascent businesses through strategic investment and comprehensive support. The firm provides early seed funding, typically ranging from $150,000 to $250,000, complemented by mentorship, early-stage business development guidance, and crucial introductions to relevant stakeholders. They prioritize startups that have demonstrated initial market traction, developed viable products, and possess a clear understanding of their target audience.
The firm was founded in 2017 by Khaled Ismail, a seasoned entrepreneur with a distinguished background, notably having sold his company to Intel in the 1990s. Ismail, who was an active angel investor prior to HIMangel, established the fund after recognizing a critical gap in early seed funding within the Egyptian startup ecosystem. His insight was that many promising local ventures struggled to scale due to the scarcity of accessible early-stage capital.
HIMangel primarily serves early-stage Egyptian startups, focusing on sectors like waste management, healthcare, gaming, deep technology, and marketplaces. The company's overarching vision is to cultivate a robust and dynamic startup landscape in Egypt by addressing the funding void and fostering enduring partnerships with founders. They seek to invest in strong teams with well-defined products and a profound commitment to consumer needs, aiming for sustained growth and market impact.
Key people at HIMangel.