PE Tech Report


Like this article?

Sign up to our free newsletter

Egyptian logistics platform Naqla raises USD10.5m in pre-Series A

Naqla, Egypt’s trucking technology platform and marketplace connecting truck owners with cargo companies, has raised USD10.5 million in a Pre-Series A round led by major investors El Sewedy Capital Holding (SCH), Hassan Allam Holding (HAH), and the Sallam Family.

Naqla’s core mission is to modernise and expand Egypt’s supply chain through technology by automating orders between shippers and drivers through its two main apps.

Naqla will use proceeds of this investment to invest further in its commitment to advancing technology and digitalisation, positioning the company for growth and development in 2022.

Since establishing the business in 2017, founders Sherif Taher and Samer Sallam have expanded Naqla into a 165-person organization spread across all the major country locations while integrating several strands of technology and instant pricing to provide an exceptional first-class consumer experience for both shippers and truckers.

Like this article? Sign up to our free newsletter