In Vivatech, Arab start-ups to attack investors



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Entrepreneurs, leaders, investors, aficionados of tech and other curious … All had been waiting for this moment for months. This Thursday, May 19, the show VivaTechnology 2019 opened their doors for three days of exhibitions, conferences, workshops and other demonstrations around technology and innovation.

Like every year, theArab Tech, its start-ups and representatives have taken up residence there, demonstrating the interest of the Arab world in the technologies that will shape the world of tomorrow, and especially proof of the presence of strong forces of the region in a sector largely dominated by the United States, Europe, Southeast Asia.

"Attacking markets"

Anis Sahbani among his strengths. This quarantine native of Tunisia founded Enova Robotics, "The first start-up in Africa that makes its own brand of robots". "Enova Robotics is best known for its security robot," he says. His successful robot, he describes him as "a rondier". It calculates only its trajectory on a given area, makes its round equipped with thermal cameras and recorders, locates the abnormal behaviors and sends all the collected information to a control station.

Anis Sahbani
Anis Sahbani

A former professor at the Pierre and Marie Curie University in Paris, Anis embarked on this venture out of love for risk but also for "developing technology in Africa". At VivaTech, the entrepreneur hopes to "meet investors to attack new markets" after a record fundraising in Tunisia of 1.5 million euros.

"A competitive development environment"

Like him, Mahmoud Abdulaziz is hunting investors in Paris. CEO of DevisionX, a cairote start-up specializing in deep learning and industrial vision, this thirty-year-old Egyptian, who looks like the first in the class, sees VivaTech as a "step for the expansion" of his company.

Mahmoud Abdulaziz
Mahmoud Abdulaziz

He hopes, here, "to create partnerships with large groups like Vinci" and "to expose [ses] innovations and [ses] solutions. " "We are 100 million people in Egypt, we have a lot of engineers and talent in tech, and a very competitive development environment. The challenge now is to find funds and investors, "he explains.

"Reaching our goals and aspirations"

This mission is precisely that of organizations like the Saudi foundation Misk. Present at VivaTech, with a delegation of Saudi start-ups, the institution, very influential in Saudi Arabia and the Middle East, offers the few young Saudi entrepreneurs it sponsors in Paris, the opportunity to shine internationally . "Bringing young Saudis and their startups and exposing them to opportunities for partnerships or investments is a big benefit for them," explains Deemah AlYahya, Executive Director of MiSK Innovation, the branch of the foundation responsible for promoting innovation. We can not achieve our goals and aspirations without these partnerships. "

The initiative is in any case welcomed by

Deemah AlYahya
Deemah AlYahya

observers, especially the American Jonathan Ortmans, president of the Global Entrepreneurship Network, an organization that connects entrepreneurs around the world. "In the Middle East and Saudi Arabia there are so many assets and potential," he insists. In Saudi Arabia, institutions like MiSK, Monshaat and universities like KAUST have reached out to the world, listened, watched for how to unleash the power of innovation. " It remains to be hoped that Arab innovation is now echoed in the West …

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