About Si-Ware Systems
Si-Ware Systems is a company based in Cairo (Egypt) founded in 2004.. Si-Ware Systems has raised $19.64 million across 3 funding rounds from investors including European Union, EgyptVentures and Sawari Ventures. Si-Ware Systems offers products and services including NeoSpectra Scanner, LabLake, Scan App, Collect App, and Conformity App. Si-Ware Systems operates in a competitive market with competitors including Nicoya Life, Spectricity, B&W Tek, VUV Analytics and Rigaku, among others.
- Headquarter Cairo, Egypt
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.64 M (USD)
in 3 rounds
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Latest Funding Round
$783.44 K (USD), Grant
Jan 01, 2023
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Products & Services of Si-Ware Systems
Si-Ware Systems offers a comprehensive portfolio of products and services, including NeoSpectra Scanner, LabLake, Scan App, Collect App, and Conformity App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handheld device for accurate field-ready analysis of materials
Platform for centralized data management and analytics
App for instant measurement and results on mobile devices
Tool for aggregating and managing analysis data
App for sample verification and conformity checks
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Funding Insights of Si-Ware Systems
Si-Ware Systems has successfully raised a total of $19.64M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $783.44 thousand completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $783,436
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First Round
First Round
(01 Jun 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2023 | Amount | Grant - Si-Ware Systems | Valuation |
investors |
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| Feb, 2021 | Amount | Series A - Si-Ware Systems | Valuation | Egypt Ventures , Sawari Ventures |
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| Jun, 2014 | Amount | Series A - Si-Ware Systems | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Si-Ware Systems
Si-Ware Systems has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, EgyptVentures and Sawari Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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EgyptVentures is focused on investing in innovative Egyptian startups.
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Founded Year | Domain | Location | |
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A venture capital firm based in Cairo, Egypt, is operated.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Si-Ware Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Si-Ware Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Si-Ware Systems Comparisons
Competitors of Si-Ware Systems
Si-Ware Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nicoya Life, Spectricity, B&W Tek, VUV Analytics and Rigaku, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Hyperspectral optical microscopes for surface analysis are provided.
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| domain | founded_year | HQ Location |
CMOS-based hyperspectral imaging solutions are developed for spectral sensing.
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| domain | founded_year | HQ Location |
Optical spectroscopy, laser instrumentation, and portable lab systems are manufactured.
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| domain | founded_year | HQ Location |
Vacuum ultraviolet absorption spectroscopic instruments are supplied for gas analysis.
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| domain | founded_year | HQ Location |
XRD, XRF, SAXS, Raman, metrology, and crystallography solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Si-Ware Systems
Frequently Asked Questions about Si-Ware Systems
When was Si-Ware Systems founded?
Si-Ware Systems was founded in 2004 and raised its 1st funding round 10 years after it was founded.
Where is Si-Ware Systems located?
Si-Ware Systems is headquartered in Cairo, Egypt. It is registered at Cairo, Cairo Governorate, Egypt.
Who is the current CEO of Si-Ware Systems?
Youssri Helmy is the current CEO of Si-Ware Systems.
Is Si-Ware Systems a funded company?
Si-Ware Systems is a funded company, having raised a total of $19.64M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.64M, raised on Jun 01, 2014.
What does Si-Ware Systems do?
Si-Ware Systems was founded in 2004 as a fabless semiconductor company based in Masr Al Jadidah, Egypt. Custom ASIC development services are provided, with expertise in sensor interfaces, MEMS, wireless systems, timing, and power management. Standard products in optical MEMS technology are developed, including the NeoSpectra single-chip FT-IR spectrometer. Emerging semiconductor technologies, such as the all-Silicon Self-Compensating Oscillator, are incubated through internal efforts.
Who are the top competitors of Si-Ware Systems?
Si-Ware Systems's top competitors include Living Optics, Nicoya Life and Spectricity.
What products or services does Si-Ware Systems offer?
Si-Ware Systems offers NeoSpectra Scanner, LabLake, Scan App, Collect App, and Conformity App.
Who are Si-Ware Systems's investors?
Si-Ware Systems has 3 investors. Key investors include European Union, EgyptVentures, and Sawari Ventures.