Funded Commerce and Shopping Startups in Cairo
Cairo's commerce and shopping startup ecosystem saw its most concentrated funding period in 2022, when nine rounds closed between May and December.
Cairo's commerce and shopping startup ecosystem saw its most concentrated funding period in 2022, when nine rounds closed between May and December. That stretch included four deals above $20M: MaxAB's $40M Series B, Capiter's $33M Series A, Breadfast's $26M Series A, and Homzmart's $23M Series B. The year also featured a debt financing (Trella, $6M) and two convertible notes (Vetwork, Teegara), reflecting a range of capital structures beyond standard equity.
Momentum slowed considerably after that peak. Yodawy's $16M Series B in February 2023 and Sylndr's $7M round in November 2024 are the only disclosed raises from the following two years. The four most recent entries — Rabbit mart, Grinta, and Mrkoon (all Seed, Q1 2025) plus Fincart (Pre-Seed, January 2025) — signal continued early-stage formation, though all four kept their amounts undisclosed.
Most recent rounds
22 shownRelated listings
Frequently asked
What are the largest disclosed rounds among Cairo commerce and shopping startups?
MaxAB leads the dataset with a $40M Series B in October 2022, followed by Capiter at $33M Series A (September 2022), Breadfast at $26M Series A (November 2021), and Homzmart at $23M Series B (August 2022). These four deals represent the top tier of disclosed capital across the 22 companies shown.
Which period saw the heaviest funding activity in this segment?
2022 accounts for nine of the 22 rounds, spanning from May through December and covering every stage from convertible notes (Vetwork, Teegara) to Series B. Activity fell sharply afterward, with only two rounds recorded in 2023 and one in 2024.
What round stages are most common among these Cairo startups?
Early-stage rounds dominate: six Seed, four Pre-Seed, and four Series A rounds appear in the 22 rows. Series B deals are present but limited to three companies — MaxAB, Homzmart, and Yodawy — all of which closed between August 2022 and February 2023.
What does recent 2025 activity look like for this segment?
All four rounds from early 2025 — Rabbit mart, Grinta, and Mrkoon (each Seed, Q1 2025) and Fincart (Pre-Seed, January 2025) — carry undisclosed amounts. The most recent round with a disclosed figure is Sylndr's $7M from November 2024.
Are there any non-equity or alternative financing deals in this group?
Yes. Trella raised $6M via debt financing in October 2022, and both Vetwork and Teegara closed convertible notes in mid-2022, though neither disclosed the amounts. These three deals stand apart from the equity rounds that make up the rest of the dataset.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.