Labtronic asked
5M EGP
for 10% · valuation 50M EGP
The deal
5M EGP
Ahmed El Sewedy
About
Ahmed Nassar co-founded Labtronic with Mustafa Eliwa in 2020 to manufacture lab equipment for engineering colleges and vocational schools. Starting from a 25 m² room on the Zewail City campus, it grew into a 1,500 m² factory with 30 staff, equipping labs at universities including Zewail City, Ain Shams and Mansoura. He was named to Forbes Middle East's 30 Under 30 (2024) and also founded AQMAAR, a space-technology startup.
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Frequently asked questions
Who is Ahmed Nassar?
Ahmed Nassar co-founded Labtronic with Mustafa Eliwa in 2020 to manufacture lab equipment for engineering colleges and vocational schools. Starting from a 25 m² room on the Zewail City campus, it grew into a 1,500 m² factory with 30 staff, equipping labs at universities including Zewail City, Ain Shams and Mansoura. He was named to Forbes Middle East's 30 Under 30 (2024) and also founded AQMAAR, a space-technology startup.
What company did Ahmed Nassar pitch on Shark Tank Egypt?
Labtronic: Labtronic is an Egyptian manufacturer that designs and builds educational lab equipment for engineering faculties and technical schools.
Did Ahmed Nassar get a deal on Shark Tank Egypt?
Yes, Labtronic closed a deal with Ahmed El Sewedy: 5M EGP for 35%.
Which shark invested in Ahmed Nassar's company?
Ahmed El Sewedy.
How much did Ahmed Nassar ask for on Shark Tank Egypt?
Labtronic: 5M EGP for 10%.
Who are Ahmed Nassar's co-founders?
Mostafa Elewa.
When was Ahmed Nassar on Shark Tank Egypt?
Labtronic: Season 1, episode 11 (2023). Details →