Series A E-Commerce

$40M

MaxAB

Egypt May 2022 North Africa

About this Deal

MaxAB raised $40M Series A for Egyptian B2B grocery platform.

Investors

Lead: BECO Capital

BECO Capital IFC Flourish Ventures

Other Rounds by MaxAB

Seed $7M Sep 2020

Deal Details

Amount$40M

TypeSeries A

InstrumentEquity

SectorE-Commerce

FounderMale-led

StatusClosed

Company

MaxAB
Startup · Cairo

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Hassan Allam Holding Egyptian construction heritage since 1936

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Edita Food Industries Molto and more, since 1996

Dar Al-Hilal Egyptian publishing since 1892

People in this Space

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Samih Sawiris Founder @ Orascom Hotels Development

Sherine Abbas Helmy Founder @ Pharco Pharmaceuticals

Ahmed Elsewedy Founder @ Elsewedy Electric

Hassan Allam Founder @ Hassan Allam Holding

Talaat Moustafa Founder @ Talaat Moustafa Group

Yara Yassin Founder @ Up-Fuse

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