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# Egyptian delivery startup Mylerz secures $9.6 million in funding
- URL: https://www.techloy.com/egyptian-e-commerce-startup-mylerz-secures-9-6-million-funding/
- Published: 2022-05-11T08:13:45.000Z
- Updated: 2022-12-08T00:29:33.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Logistics, Egypt

[Mylerz,](https://www.mylerz.com/) an Egypt-based e-commerce logistics startup has secured $9.6 million in funding from Lorax Capital Partners and Fawry to expand in Egypt and enter into three new markets in North Africa in the next three months.

- The startup claims it will expand its services to Algeria, Tunisia and Morocco while Fawry, its partner will provide cash and electronic payments services in the new markets.
- The startup targets growth in the East African marketplace and intends to be a pan-African shipping logistics business in the long run.
- Mylerz is a tech-driven parcel delivery company using a 2-8 hours delivery model to shape e-commerce businesses.