His about ten years of professional experience with an end-to-end solution provider in the utility industry prepared him for the tasks ahead. With Pylon, he wants to end losses and frauds in the utility industry. 

Ahmed Ashour (photo, right) is an Egyptian entrepreneur, co-founder, and CEO of Pylon, a startup helping utility companies fight frauds. 

Co-founded in 2017 with Omar Mohamed Radi (photo, left), Pylon is a smart public infrastructure management startup, which collects data, analyzes them, and pinpoints places where there is possibly theft or production loss in the supply network. It also helps automatizes the invoicing process, mitigating errors and financial losses for utility companies. 

With Pylon, Ahmed Ashour wants to reduce water loss by 22% in emerging markets -currently, emerging markets lose more than 45 million metric cubes of water daily- and help provide water to more than 40 million people and reduce CO2 emissions by one gigaton by 2035. 

To fulfill those ambitions, the tech entrepreneur secured US$19 million from angel investors, investment funds, and venture capitalists. Thanks to the funds secured, his startup will enter new markets apart from its current ones, which are namely Egypt and the Philipines. He specifically targets emerging markets in Africa, Latin America, and Southeast Asia. 

Asour has over ten years of professional experience in the utility industry. After his Bachelor of business administration from the American University in Cairo, in 2009, he climbed up the ladder in that industry up till 2018.

Almost all of his professional career was spent with El Sewedy Electrometer Group, a provider of end-to-end metering solutions and services to water, electricity, and gas companies. He held several positions including sales and marketing director. 

In 2016, while still working for El Sewedy Electrometer Group, Asour became a director of the board of Prime Alliance AISBL, an alliance that supports the development of smart metering and grid solutions. In 2021, he was one of the participants of the Y Combinator accelerator’s S21 cohort. 

Melchior Koba