in , ,

Egypt startup ShipBlu closes investment round led by Nama Ventures

shipblu logo

ShipBlu, an Egypt e-commerce shipping and fulfillment startup has secured an investment led by Nama Ventures. The company offers a different shipping experience for the e-commerce sector by relying on artificial intelligence and machine learning technology developed.

Ali Nasser, Abdul Rahman Hosni, and Ahmed Al Kawa founded ShipBlu in October 2020. A combination of their expertise in different fields resulted in solutions that have helped find the right solutions that transform last-mile shipping and delivery experience.

In a statement, the company CEO Ali Nasser described the shopping experience in egypt as generally “easy and convenient” however, the delivery experience “ turns people off”. He attributed this problem to “poor infrastructure” and “poor road management.” 

The  Fund Manager at Nama Ventures, Mohamed Al-Zoubi, revealed that this was their first investment in Egypt.

We earlier covered how ShipBlu has been nominate to the YC21 batch.


What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Leave a Reply

Your email address will not be published. Required fields are marked *


Nigeria self-service ticketing platform raises 6-figure pre-seed round


MarketForce to scale offering after raising $2M for B2B retail marketplace RejaReja