MaxAB
E-commerce marketplace that connects informal food and grocery retailers with suppliers via an easy-to-use app
Location: Egypt
Website: https://www.maxab.io/
Sector: Retail
Funding Stage: Seed Series A Series A Pre-Series B
Total Funding ($m): $101.2M
# of Founders: 2
Founding Year: 2018
Funding Year: 2021
Status: Active
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2019 | $6.2m | Seed | Beco Capital, 4DX Ventures, Endure Capital, 500 Global, Outlierz Ventures |
| 2021 | $40m | Series A | RMBV, IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, Endeavor, BECO Capital, 4DX Ventures |
| 2021 | $15m | Series A | RMBV, IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, Endeavor, BECO Capital, 4DX Ventures, Axian Group |
| 2022 | $40m | Pre-Series B | Silver Lake, British International Investment (ex CDC), DisruptAD,BECO Capital, 4DX Ventures, Flourish Ventures, Africa Platform Capital |
| Belal EL-Megharbel, Mohamed Ben Halim, , |
Seed $6.2m
Beco Capital, 4DX Ventures, Endure Capital, 500 Global, Outlierz Ventures
Series A $40m
RMBV, IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, Endeavor, BECO Capital, 4DX Ventures
Series A $15m
RMBV, IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, Endeavor, BECO Capital, 4DX Ventures, Axian Group
Pre-Series B $40m
Silver Lake, British International Investment (ex CDC), DisruptAD,BECO Capital, 4DX Ventures, Flourish Ventures, Africa Platform Capital