Founder · Season 1, episode 11
Mostafa Elewa
مصطفى عليوة
Co-founder, Labtronic
Labtronic asked
5M EGP
for 10% · valuation 50M EGP
The deal
5M EGP
Ahmed El Sewedy
About
Mostafa Elewa (Mustafa Eliwa) co-founded Labtronic with Ahmed Nassar in 2020 to manufacture lab and training equipment for engineering colleges and vocational schools. The company started in a 25-square-metre room on the Zewail City campus and grew into a 1,500-square-metre factory with about 30 staff. Its founders were named to the Forbes Middle East 30 Under 30 list in 2024.
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Frequently asked questions
Who is Mostafa Elewa?
Mostafa Elewa (Mustafa Eliwa) co-founded Labtronic with Ahmed Nassar in 2020 to manufacture lab and training equipment for engineering colleges and vocational schools. The company started in a 25-square-metre room on the Zewail City campus and grew into a 1,500-square-metre factory with about 30 staff. Its founders were named to the Forbes Middle East 30 Under 30 list in 2024.
What company did Mostafa Elewa 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 Mostafa Elewa get a deal on Shark Tank Egypt?
Yes, Labtronic closed a deal with Ahmed El Sewedy: 5M EGP for 35%.
Which shark invested in Mostafa Elewa's company?
Ahmed El Sewedy.
How much did Mostafa Elewa ask for on Shark Tank Egypt?
Labtronic: 5M EGP for 10%.
Who are Mostafa Elewa's co-founders?
Ahmed Nassar.
When was Mostafa Elewa on Shark Tank Egypt?
Labtronic: Season 1, episode 11 (2023). Details →