economy

DAR Ventures launches new incubator for AEC tech

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The project will support upcoming generation of startups in the Architecture, Engineering, and Construction technology sector.

Dar Ventures has launched the DarE Incubator, a pioneering 6-month program, in collaboration with Acasia Group. This initiative aims to invigorate the Architecture, Engineering, and Construction (AEC) tech landscape by offering AEC tech founders up to $50,000 in equity-free funding, free office space and an extensive toolkit for kickstarting their innovative startups.

DarE is in search of AEC tech Early-stage startups with a Minimum Viable Product (MVP) and a founding team comprising at least two members, with one having domain expertise and the other committed full-time to the startup.

The DarE Incubator represents the first collaborative effort between Dar Ventures and Acasia Group to catalyze the AEC Tech industry in Egypt and the MENA region.

The project aims to develop innovative solutions that enhance sustainability, streamline processes, reduce labor requirements, cut energy costs, and improve affordability.

Ranya Saadawi, CEO of Acasia Group, highlighted the opportunity to establish a thriving marketplace for tech entrepreneurship in the AEC industry through the DarE Incubator, empowering entrepren´╗┐eurs and startups to shape the future of architecture and design solutions.

Applications for the DarE Incubator’s first cohort are now open, welcoming entrepreneurs and startups in the AEC industry to embark on a transformative 6-month journey. Interested applicants can apply to be part of the DarE Incubator Program through the link

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