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African Startup Funding Tracker

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Egyptian Startup beXel Raises Six-Figure Funding Round
Egyptian Startup beXel Raises Six-Figure Funding Round

Cairo-based cloud-based inspection management software beXel has raised a six-figure investment round led by JH Investments Ltd, in addition to follow-on funding from Flat6Labs, UI Investments, and Saudi angel investors.

beXel offers SaaS inspection management software for industrial services such as energy, oil, and gas, construction industries. Currently, beXel serves companies in 14 countries across the world. With the latest funding, it looks to continue expansion within the GCC, starting with KSA.