Targetech asked
8.5M EGP
for 30% · valuation 28.3M EGP
The deal
8.5M EGP
Mohamed Farouk and Mohamed Ismail Mansour
About
Ali Mohamed co-founded Target with his siblings to manufacture security-system equipment. On Shark Tank Egypt, he described starting in 2011, moving manufacturing from China to Egypt in 2020 and buying land for a factory in 2023.
Startups on the show
Investors
Frequently asked questions
Who is Ali Mohamed?
Ali Mohamed co-founded Target with his siblings to manufacture security-system equipment. On Shark Tank Egypt, he described starting in 2011, moving manufacturing from China to Egypt in 2020 and buying land for a factory in 2023.
What company did Ali Mohamed pitch on Shark Tank Egypt?
Targetech: Targetech is an Egyptian manufacturer of retail security equipment, including anti-theft tags and alarm gates for shops and malls.
Did Ali Mohamed get a deal on Shark Tank Egypt?
Yes, Targetech closed a deal with Mohamed Farouk and Mohamed Ismail Mansour: 8.5M EGP for 50%.
Which shark invested in Ali Mohamed's company?
Mohamed Farouk and Mohamed Ismail Mansour.
How much did Ali Mohamed ask for on Shark Tank Egypt?
Targetech: 8.5M EGP for 30%.
When was Ali Mohamed on Shark Tank Egypt?
Targetech: Season 3, episode 6 (2024-2025). Details →