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African Startup Funding Tracker

$306,005,000+

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Egyptian Startup ShipBlu Raises Pre-seed Funding
Egyptian Startup ShipBlu Raises Pre-seed Funding

ShipBlu, a Cairo-based startup, has raised an undisclosed amount in a pre-Seed round led by Nama Ventures, with Y-Combinator and other famous angel investors from San Francisco and Saudi Arabia participating. ShipBlu also announced it has been accepted onto Y Combinator’s summer 2021 Batch.

ShipBlu is designed to provide a one-of-a-kind e-commerce shipping experience. The startup uses its fleets to deliver packages on time, every time, guaranteed, thanks to its own artificial intelligence and machine learning technologies. Customers can choose their preferred three-hour delivery window and track the whereabouts of couriers as they approach their destinations with ShipBlu.