Egyptian Startup Weelo Raises Six-figure Seed Funding

Egyptian SaaS startup, Weelo, has raised a six-figure seed round led by SkaleUp Ventures and Integral Capital. Other investors include AUC Angels, several angel investors and global investors from Hong Kong and Italy.

Founded in 2017, Weelo provides digital AI supply chain solutions, enabling manufacturers, suppliers, and distributors to connect and transact with retailers using cloud-based AI technology and predictive analytics. Weelo plans to transform sales and  scale operations to KSA, Jordan, and across North Africa.