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Egyptian Startup OneOrder Raises $16 Million in Series A Financing

Telecommunications tower
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According to Woda CEO Steven Cui, they are the first local business to supply telecom towers to Safaricom Ethiopia. He emphasized that the company is committed to maintaining the highest standards of reliability and quality in its services.

The telecom company announced that the network expansion would enhance coverage and capacity, providing individuals and businesses with access to advanced mobile and digital finance services and improving connectivity. This announcement came when they revealed their intention to invest in new towers in April 2024. The company’s dedication to improving and expanding its services has solidified its reputation as a leader in the industry.

According to Woda CEO Steven Cui, they are the first local business to supply telecom towers to Safaricom Ethiopia. He emphasized that the company is committed to maintaining the highest standards of reliability and quality in its services.

The telecom company announced that the network expansion would enhance coverage and capacity, providing individuals and businesses with access to advanced mobile and digital finance services and improving connectivity. This announcement came when they revealed their intention to invest in new towers in April 2024. The company’s dedication to improving and expanding its services has solidified its reputation as a leader in the industry.

“We are honored to lead OneOrder’s Series A round and increase our investment as the company transforms the HORECA supply chain in the MENA region. This funding presents a thrilling opportunity to broaden the substantial value that OneOrder delivers to its customers across a larger geographic area and replicate the impressive success they have already achieved in Egypt,” stated Brendon Blacker, Managing Partner at Delivery Hero Ventures.

The funding will support the company’s expansion into the GCC later this year, including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.

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