{"id":555109,"date":"2021-11-02T03:50:20","date_gmt":"2021-11-02T03:50:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/delivery-startup-shipblu-secures-usd-2-4-mn-seed-round\/"},"modified":"2021-11-02T03:50:20","modified_gmt":"2021-11-02T03:50:20","slug":"delivery-startup-shipblu-secures-usd-2-4-mn-seed-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/delivery-startup-shipblu-secures-usd-2-4-mn-seed-round\/","title":{"rendered":"Delivery startup ShipBlu secures USD 2.4 mn seed round"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Last mile delivery startup <\/strong><strong><a href=\"https:\/\/shipblu.com\/\">ShipBlu<\/a><\/strong><sup><\/sup><strong> raised USD 2.4 mn<\/strong> in a seed round led by Saudi Arabia\u2019s <a href=\"https:\/\/www.namaventures.com\/\">Nama Ventures<\/a><sup><\/sup>, according to <a href=\"https:\/\/techcrunch.com\/2021\/10\/31\/shipblu-bags-2-4m-for-its-e-commerce-and-fulfilment-service-in-egypt\/\">TechCrunch<\/a>. Though the company did not specify how the funds would be deployed, co-founder Ali Nasser told the tech outlet that he wants ShipBlu\u2019s network and infrastructure to span 99% of Egypt within the next couple of months.<\/p>\n<p><strong>This is the company\u2019s second capital injection in recent months: <\/strong>ShipBlu graduated from Y Combinator\u2019s summer round in August, where it was one of four Egyptian startups to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6f3963a2-11fe-4a9e-9660-3e084040d7e9\">secure<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6f3963a2-11fe-4a9e-9660-3e084040d7e9\">USD 125k<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6f3963a2-11fe-4a9e-9660-3e084040d7e9\">in seed funding<\/a> from the US accelerator. The other startups include ins. marketplace <a href=\"https:\/\/www.amenli.com\/\">Amenli<\/a>, SaaS startup <a href=\"https:\/\/pylonump.com\/\">Pylon<\/a> and online auto-marketplace <a href=\"https:\/\/www.odiggo.com.eg\/\">Odiggo<\/a>.<\/p>\n<p><strong>What does ShipBlu do?<\/strong> Founded by Nasser, Ahmed ElKawass and Abdelrahman Hosny last year, the company aims to provide \u201cAmazon-level\u201d logistics to online businesses looking to store and send their goods. It signed on more than 40 merchants in its first month, and has since doubled its client list and tripled its revenue, Nasser told TechCrunch without giving hard numbers.<\/p>\n<p><strong>OTHER STARTUP NEWS - <\/strong><\/p>\n<p><strong>Taager invests in Pakistani startup Zarya:<\/strong> Egyptian social commerce startup <a href=\"https:\/\/taager.com\/\">Taager<\/a> joined a number of regional and global VCs in <a href=\"https:\/\/magnitt.com\/news\/zarya-1-7m-pre-seed-52983\">a USD 1.7 mn pre-seed round<\/a> held by Lahore-based B2B ecommerce platform <a href=\"https:\/\/www.zarya.app\/\">Zarya<\/a>. Like Taager and fellow Egyptian startup <a href=\"https:\/\/brimore.com\/\">Brimore<\/a>, Zarya is a social selling company that allows users to source different products and sell them over its network. In July Taager <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c9a6a449-a944-4772-ac78-65da6e0d42e1\">secured USD 6.4 mn in seed investment<\/a> from a number of VCs and angel investors, while Brimore closed <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/66f9d72d-beec-475f-8868-41270e5b6a6d\">a USD 3.5 mn pre-series A round<\/a> in May 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last mile delivery startup ShipBlu raised USD 2.4 mn in a seed round led by Saudi Arabia\u2019s Nama Ventures, according to TechCrunch. Though the company did not specify how the funds would be deployed, co-founder Ali Nasser told the tech outlet that he wants ShipBlu\u2019s network and infrastructure to span 99% of Egypt within the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":555110,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[3189,318,765,199,72,95,123,3188,200,698],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-ahmed-elkawass","tag-amazon","tag-brimore","tag-e-commerce","tag-enterpriseam","tag-startup-watch","tag-startups","tag-taager","tag-venture-capital","tag-y-combinator","wpautop","entry"],"acf":{"mongo_id":"064c0c88-f65c-41d9-8fba-76ec2290a1fd","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/11\/288.jpg","photo_position":"above","related_issue":[555097],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Delivery startup ShipBlu secures USD 2.4 mn seed round - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/delivery-startup-shipblu-secures-usd-2-4-mn-seed-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Delivery startup ShipBlu secures USD 2.4 mn seed round\" \/>\n<meta property=\"og:description\" content=\"Last mile delivery startup ShipBlu raised USD 2.4 mn in a seed round led by Saudi Arabia\u2019s Nama Ventures, according to TechCrunch. Though the company did not specify how the funds would be deployed, co-founder Ali Nasser told the tech outlet that he wants ShipBlu\u2019s network and infrastructure to span 99% of Egypt within the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/delivery-startup-shipblu-secures-usd-2-4-mn-seed-round\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-02T03:50:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/288.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/delivery-startup-shipblu-secures-usd-2-4-mn-seed-round\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/delivery-startup-shipblu-secures-usd-2-4-mn-seed-round\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Delivery startup ShipBlu secures USD 2.4 mn seed round\",\"datePublished\":\"2021-11-02T03:50:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/delivery-startup-shipblu-secures-usd-2-4-mn-seed-round\/\"},\"wordCount\":271,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/delivery-startup-shipblu-secures-usd-2-4-mn-seed-round\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/288.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Ahmed ElKawass\",\"Amazon\",\"Brimore\",\"e-commerce\",\"EnterpriseAM\",\"Startup watch\",\"startups\",\"Taager\",\"venture capital\",\"Y Combinator\"],\"articleSection\":[\"Startup watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/delivery-startup-shipblu-secures-usd-2-4-mn-seed-round\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/delivery-startup-shipblu-secures-usd-2-4-mn-seed-round\/\",\"name\":\"Delivery startup ShipBlu secures USD 2.4 mn seed round - 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The round was co-led by P1 Ventures, Global Founders Capital, and Anim Fund, and also included Costanoa Ventures, Liquid2 Ventures, Cliff Angels and other angel investors. The company will use the proceeds to expand\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/82.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557086,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/06\/4-egyptian-startups-secure-usd-125k-seed-funding\/","url_meta":{"origin":555109,"position":1},"title":"4 Egyptian startups secure USD 125k seed funding","author":"enterpriseam admin","date":"6 September 2021","format":false,"excerpt":"Four Egyptian startups secured USD 125k each in seed funding by US accelerator Y Combinator, Magnitt reports. The funding came either following the companies closing pre-seed rounds, or as boosters to companies that are looking to expand and complete acquisitions.The startups: The Egyptian startups include Cairo-based delivery service ShipBlu, ins.\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/76.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":607518,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/intella-closes-usd-3-4-mn-seed-round-led-by-saudi-vcs\/","url_meta":{"origin":555109,"position":2},"title":"Intella closes USD 3.4 mn seed round led by Saudi VCs","author":"enterpriseam admin","date":"4 October 2023","format":false,"excerpt":"The fresh funds are fueling Intella\u2019s expansion into Saudi","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/278.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":649421,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/10\/09\/egypt-leads-startup-activity-in-africa\/","url_meta":{"origin":555109,"position":3},"title":"Egypt leads startup activity in Africa","author":"enterpriseam admin","date":"9 October 2024","format":false,"excerpt":"Egyptian startups raised a combined USD 304 mn between January and September","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/666.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":616060,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/28\/moneyhash-secures-usd-4-5-mn-in-seed-funding-plus-acacia-invests-in-kenyan-startup-tappi-saudis-corevision-acquires-vefund\/","url_meta":{"origin":555109,"position":4},"title":"MoneyHash secures USD 4.5 mn in seed funding. PLUS: Acacia invests in Kenyan startup Tappi, Saudi\u2019s CoreVision acquires VeFund","author":"enterpriseam admin","date":"28 February 2024","format":false,"excerpt":"MoneyHash plans to use the proceeds to invest in its technology and to expand its growth across the region","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2735.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548931,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/28\/subsbase-raises-usd-2-4-mn-in-a-seed-round-led-by-global-ventures\/","url_meta":{"origin":555109,"position":5},"title":"SubsBase raises USD 2.4 mn in a seed round led by Global Ventures","author":"enterpriseam admin","date":"28 August 2022","format":false,"excerpt":"Egyptian subscription management platform SubsBase has raised USD 2.4 mn in a seed round led by Global Ventures, according to a companypress release (pdf). The round saw participation from HALA Ventures, P1 Ventures, Plus Venture Capital (+VC), Plug and Play, Ingressive Capital, Camel Ventures, and existing investors Falak Startups and\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=555109"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555109\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/555110"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555109"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555109"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}