Egypt-Based Supply Chain Management Startup Suplyd Closes $1.6M In Pre-Seed Funding Round

Egypt-based digital restaurant supply chain platform Suplyd has raised $1.6 million in a pre-seed funding round led by Endure Capital, Seedstars, Camel Ventures, Falak Startups with the participation of Outlierz, Plus Ventures, Fort, Alex Angels, and other investors.

EGYPT’S DIGITAL SUPPLY CHAIN SUPLYD RAISES $1.6M IN PRE-SEED ROUND

Suplyd, an Egypt-based procurement platform for the hotels, restaurants, and catering (HORECA) industry, has raised $1.6 million in a pre-Seed round led by Endure Capital, Seedstars, Camel Ventures, Falak, Outlierz, Plus Ventures, Alex Angels, and Fort, with participation from several strategic angel investors.

Egypt’s Suplyd raises $1.6M to digitize restaurants supply chain

Suplyd, a procurement platform for hotels, restaurants and catering (HoReCa) businesses in Egypt, has raised $1.6 million pre-seed funding from Endure Capital, Seedstars, Camel Ventures, Falak Startups, Outlierz, Plus Ventures, Fort, Alex Angels and a number of other strategic and angel investors.

Hospitality logistics startup Suplyd bags USD 1.6 mn pre-seed for expansion

Local hospitality supply-chain startup Suplyd has raised USD 1.6 mn in pre-seed funding, it said in a statement (pdf) Thursday. Participants in the round included Endure Capital, Seedstars, Camel Ventures, the International Cooperation Ministry’s Falak Startups, Outlierz, Plus Ventures, Fort, Alex Angels, and other unnamed angel investors. Suplyd will use the funds to scale its tech, team, and operations, the company said.

B2B startup Suplyd raises $1.6 million pre-Seed round

Founded by Gohar Said, Karim Selima, and Ahmed ElMahdy, Suplyd is a solution that was created to address the daily struggles faced by HORECA, one of the fastest-growing segments in the Mena region’s economy. Suplyd developed a smart and reliable platform to digitise supply chain operations and bring efficiency to the Mena market.