Egyptian Adtech Startup dKilo Secures USD 3.2 M Seed Funding

Egypt-based adtech dKilo has secured USD 3.2 M in seed funding, mix of equity and financing, from Upturn Ventures, to create a new channel for brands to engage with consumers through its online platform. The investment, a mix of equity and financing, aims to revolutionize the out-of-home advertising landscape, introducing innovative approaches to the industry.

Founded in 2020 by Mohamed Mousa and Sherif Abdelaty, dKilo is a technology company in the AdTech space. It offers smart out of home advertising solutions using the internet of things and AI .It aims to connect brands audiences beyond the traditional digital space, which unlocks new means for e-commerce businesses to increase their awareness and conversions.