• Egypt's Flextock closes $3.25M in the largest pre-seed yet in MENA

    7 days ago - By Tech Crunch

    Flextock , one of the 10 African startups from the recent Y Combinator winter batch, has bagged an impressive pre-seed round just two months after graduation.
    The five-month-old company, which helps consumers and businesses manage e-commerce and fulfillment operations - from warehousing and logistics to delivery and cash collection - has closed a $3.25 million pre-seed investment.
    As it stands, this is a record high for the MENA region, which also had a record-high two months ago in fellow Egyptian and YC winter batch startup Dayra. The fintech company raised $3 million in debt and...
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