# Nclude: portfolio, investments and team > Nclude is a vc firm based in Egypt. 1 investment on record, latest Feb 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/nclude (Millionrounds; every figure on the page links to its filing or article) Egypt · [Investor](https://millionrounds.com/investors) # Nclude Last cheque observed Feb 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email VC firm Quiet Last fund $105M, Aug 2022 Seed Fintech Venture Capital & Private Equity Follow Nclude and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnclude) Cheques on record **0%** of best year **0** **cheques in 12 months**, 1 on record Since the last cheque **637** days **00** hrs **00** min **00** sec Median round **$16M** Rounds led **0 of 1** Pitch Nclude ## Nclude highlights - 01 1 rounds on record - 02 Mostly Series B: 100% of its rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed - **Sectors:** Fintech Venture Capital & Private Equity - **Based in:** Cairo, Egypt - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **1 appearances** - **2025** 1 round - **Feb** **[Khazna](https://millionrounds.com/company/khazna)** Series B · EG · Disrupt Africa **$16M** With 11 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** BM **Basil Moftah** Basil Moftah is a director i Filing they signed NS **Noor Sweid** Noor Sweid is a director i Filing they signed We also hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. Latest fund on file **$105M** raised in Aug 2022 From its SEC filing. Nothing newer is on file yet. ## The cheque Seed Median round joined **$16M** the round, not its cheque Led 0 of 1 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Feb 2025 Rounds by stage said on their site - Series B *1* - Seed said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Nclude?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Nclude put money into. [**Khazna** $16M · Feb 2025](https://millionrounds.com/company/khazna) ## Quick answers about Nclude ### What does Nclude invest in? Nclude invests most often at Series B (100% of the rounds on record), in sectors such as Fintech and Venture Capital & Private Equity. ### How active is Nclude? 1 investments on record, 0 of them in the last 12 months. The most recent was in Feb 2025. ### What has Nclude invested in recently? Its most recent investments on record: Khazna (Series B, Feb 2025). ### How big are Nclude's cheques? The median round it joins is $16M. ### Is Nclude investing now? No investments in the last 12 months; the latest was in Feb 2025. ### What kind of investor is Nclude? Nclude is a VC firm based in Cairo, Egypt. ### Has Nclude raised a new fund? Its latest fund filing with the SEC was in Aug 2022, reporting $105M raised. ### When was Nclude founded? Nclude was founded in 2022. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=nclude) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=nclude)