Egyptian cybersecurity and data protection solutions company SecureMed announced the completion of a Series B funding round worth 60 million dollars, led by a major American venture fund with participation from investors in the UAE, the United Kingdom, and Singapore. This round is among the largest funding rounds achieved by the cybersecurity sector in the Middle East and Africa, reflecting growing international investor confidence in Egyptian technical expertise and its capacity to produce globally competitive technological solutions.
The company was founded in 2019 by three of Egypt’s most prominent cybersecurity experts who had returned from the United States and Britain, and specialised in developing a comprehensive platform for cyber threat detection and incident response based on advanced artificial intelligence algorithms. The company currently serves over 200 clients from financial institutions, government bodies, and telecommunications companies in the Middle East and Africa, and holds a prominent position in industry analyst reports from Gartner and Forrester Research.
The company’s CEO revealed that annual revenues exceeded 25 million dollars in 2025 with a compound annual growth rate of 180% over the past three years, noting that the new funding will be deployed across three main pillars: opening regional offices in London, Amsterdam, Singapore, and Toronto; expanding the research and development team from 120 to 300 engineers; and launching a new product specialising in cybersecurity for critical infrastructure.
Egypt’s Minister of Communications praised this achievement, describing it as tangible evidence of the capacity of the Egyptian educational and research ecosystem to produce technical professionals who compete globally. He announced a new incentive package to attract Egyptian technology startups operating abroad and persuade them to register their legal entities and research centres within Egypt, to benefit from the tax incentives and government financing available.
The SecureMed story embodies the model the Egyptian government aspires to replicate and generalise across different technology sectors: a company founded by distinguished Egyptian professionals, which succeeds in penetrating global markets with innovative technological products, and reinvests its success in developing technical human resources within Egypt. Analysts are betting that this company will become the first Egyptian technology company to achieve a billion-dollar valuation within the next three years.