Tech Company Financing Transactions
Khazenly Funding Round
Khazenly, based in Al Qahirah Cairo, secured $2.5 million from Arzan Venture Capital, Averroes Ventures and Camel Venture.
Transaction Overview
Company Name
Announced On
6/15/2022
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
Younis stated that proceeds from the investment would be used to quadruple the company's facilities as it follows a roadmap of building more AI and data-driven products and expanding geographically.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Undisclosed
Al Qahirah Cairo, Undisclosed
Egypt
Al Qahirah Cairo, Undisclosed
Egypt
Phone
Website
Email Address
Overview
Khazenly is a tech-enabled omni-channel fulfillment and logistics solutions company for retailers across the region. We cater to all business sizes/ needs through a variety of monthly subscription packages. Khazenly offers a fully digitized merchant journey from signing-up to "day to day" operations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mohamed Younes
Chief Technical Officer
Ahmed Dewidar
Co-Founder
Osama Aljammali
Co-Founder
Mohamed Montasser
Browse more venture capital transactions:
Prev: 6/14/2022: Playful Studios venture capital transaction
Next: 6/15/2022: Chain.io venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs