Sigma Fit, a sportswear startup from Egypt has announced that it raised fresh capital from investors in Kuwait, and Egyptian investment firm Innlife Investments. The company has not disclosed the net yield from the round.
Sigma Fit was launched in 2017 by co-founders Omar El Metwally, Islam Rashwan, and Nabil Khalifa. Initially, Sigma Fit primarily focused on sportswear produced using hydrophobic technology, but has since expanded its product portfolio by deploying various other technologies as well. These include medical protective suits and face masks that the company started making after the COVID-19 pandemic struck the region.
For those out of the loop, the use of hydrophobic technology enables the startup to make clothes that can be used for up to three weeks in a row without a single wash in between. Additionally, the fabric used in these products are also stain and water-resistant.
Sigma Fit’s current product lines include t-shirts, jackets, tracksuits, pants, and shorts for both men and women.
Sigma Fit plans on using the capital from the latest round to further improve its fabrics technology while also simultaneously making antiviral clothing and embedded sensors clothing, among other products.
“We will be sponsoring different research to improve clothing. With our investment in these technologies, we want to be prepared for future pandemics as it can assist in the control of the spread of any virus in the future,” said Omar El Metwally in a conversation with the media.