Ecommerce startup ShipBlu rises US$2.4m venture funding to expand its services

EGYPT – ShipBlu, a Cairo-based ecommerce fulfillment startup backed by Y-Combinator, has raised US$2.4 million in venture funding to help it expand its service offering and coverage across Egypt. Nama Ventures, a MENA-focused venture capital firm, led ShipBlu’s seed round, which also included 1984 Ventures, Orange Ventures, Orange Telecom’s venture capital arm, Starling Ventures, and other VC firms and angel…

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E-commerce startup ShipBlu raises pre-seed funding round led by Nama Ventures

EGYPT – ShipBlu, an Egypt e-commerce shipping and fulfillment startup, has announced that it has raised an undisclosed amount in a pre-Seed funding round led by Nama Ventures, with participation from Y Combinator and other prominent angel investors from San Francisco, CA and Saudi Arabia. The platform that is redefining the e-commerce shipping and fulfilment experience in Egypt, also announced…

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