Egypt-based logistics firm Khazenly raises over $2 million in seed funding

Egypt-based logistics firm Khazenly raises over $2 million in seed funding
Photo by Markus Spiske / Unsplash

Khazenly, an Egypt-based logistics firm has raised $2.5 million in its seed round funding co-led by Arzan Venture Capital and Shorooq Partners.

  • The fund will enable the firm to build out its products and services and expand its operations geographically.
  • Founded in 2021, Khazenly offers e-commerce enterprises an omnichannel solution to digitize their fulfilment processes.
  • Camel Ventures, Averroes Ventures, and angel investors participated in the funding round.