Funded Commerce and Shopping Startups in Egypt

MaxAB leads with a $40M Series B in October 2022, followed by Capiter's $33M Series A in September 2022, Breadfast's $26M Series A in November 2021, and Homzmart's $23M Series B in August 2022. Blnk's $20M round (November 2022) and Yodawy's $16M Series B (February 2023) are the next largest with disclosed amounts.

Cairo (Al Qahirah) dominates, hosting the large majority of companies in this dataset. Gîza (Al Jizah) accounts for a small cluster — Kemitt, Blnk, and Gahez Market — while Wfrley in Mansourah is the only company based outside Greater Cairo.

All four 2025 rounds — Rabbit mart, Grinta, and Mrkoon (each Seed, January–April 2025) plus Fincart (Pre-Seed, January 2025) — are early-stage and carry undisclosed amounts. Sylndr's $7M round in November 2024 is the most recent event with a disclosed figure.

Three companies in the dataset have disclosed Series B rounds: MaxAB ($40M, October 2022), Homzmart ($23M, August 2022), and Yodawy ($16M, February 2023). These three rounds collectively account for the clearest evidence of late-stage traction within this group.

Vetwork and Teegara both raised convertible notes in mid-2022 with undisclosed amounts. Trella closed a $6M debt financing round in October 2022, making it the only company in the dataset with a disclosed debt structure.

2022 was by far the most active year in the dataset, producing at least ten rounds including several eight-figure deals across Series A and Series B. The 2025 data through April shows only four rounds, all early-stage with no disclosed amounts, consistent with either a slower fundraising environment or a move toward quieter deal announcements.