E-commerce startup Dresscode secures six-figure USD seed funding round from Egypt Ventures

STARTUP WATCH- Egyptian e-commerce startup Dresscode has secured an undisclosed six-figure USD seed funding round from Egypt Ventures, according to an emailed statement (pdf). The funding will be directed towards sustaining the business’ growth by expanding its team and product offerings. Dresscode will also use the proceeds from the investment to build up its infrastructure and begin offering faster delivery options. According to the statement, the pandemic has been a boon for the company, with its business seeing “huge growth” over the past four months.