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Egyptian AI-powered logistics startup, Roboost, has closed a USD 3 M investment round led by Silicon Badia, with participation from RZM Investment, Flat6Labs, and Saudi Angel Investors. The new investment will allow Roboost to expand its footprint across the Mena region as well as diversify its offerings by expanding into e-commerce and middle-mile solutions.
Roboost is an AI-powered automated delivery management solution that digitally mimics real-life operations and handles day-to-day situations, capable of self-learning to optimize every aspect of the delivery operation. The startup aims to give retail, e-commerce, cloud kitchens, and delivery provider businesses control over their delivery operations by making it simpler and offering real-time data.