Arab Finance: Saudi-Egyptian investment firm Edafa Venture has acquired Egyptian waste recycling startup Cyclex in a six-figure deal completed in the second half of 2025.

The acquisition, facilitated by entrepreneurship platform Startup Sync, is aimed at expanding Cyclex's operations and improving operational efficiency while maintaining its focus on sustainable waste management solutions.

Cyclex specializes in recycling non-hazardous solid waste and converting it into economic value through recycling and circular economy solutions. It plans to scale its operations across industrial and commercial sectors while continuing to develop innovative waste management services.

The deal supports Edafa Venture's strategy to expand its investments in sustainability and the circular economy. Integrating Cyclex into Edafa Venture’s portfolio would strengthen the company's operational and technical capabilities, support its expansion plans, and contribute to the development of more efficient circular economy solutions aligned with Egypt's sustainable development goals.

The acquisition reflects its confidence in Cyclex's business model and growth prospects in the waste management sector. Startup Sync, which operates in Egypt and Saudi Arabia, facilitated the transaction by connecting the parties and supporting valuation and negotiation processes.

"Cyclex represents a promising model with strong growth potential," Startup Sync Chief Executive Essam Ali Mostafa said in a statement, adding that the company's approach to waste management aligns with the platform's focus on supporting sustainable businesses.

Cyclex described the acquisition as a milestone in its growth journey and said it would continue pursuing an ambitious expansion strategy while remaining committed to sustainability and advancing the circular economy in Egypt.

Financial terms of the transaction were not disclosed beyond its six-figure value.