Egypt’s Flextock Raises USD 12.6 M Series A To Fuel MENA E-commerce Infrastructure

Egyptian startup Flextock has raised USD 12.6 M in Series A funding to expand its “Shopify plus logistics” model across the Middle East, particularly the Egypt–Saudi corridor. The round was led by TLcom Capital, with participation from Capria Ventures, Foundation Ventures, and others.

Founded in 2021 by Mohamed Mossaad and Enas Siam, Flextock provides an integrated e-commerce infrastructure stack combining warehousing, shipping aggregation, cross-border enablement, and embedded finance through Flexcash.

The new capital, which follows a previous raise in 2021, will fund merchant acquisition, expand fulfilment capacity in Egypt and Saudi Arabia, and enhance its fintech offering to support SME growth.