Egypt’s Mylerz Raises USD 2 M To Expand E-commerce Logistics Network

Egyptian logistics startup Mylerz has raised more than USD 2 M in a mix of debt and equity to expand its logistics infrastructure and fulfilment network across Egypt.

Founded in 2019 by Samer Gharaibeh, the Cairo-based company provides end-to-end e-commerce logistics, fulfilment and last-mile delivery services through a proprietary technology platform that helps merchants manage shipments and operations.

The round was led by Lorax Capital Partners, with participation from Fawry and existing investors. The fresh capital will strengthen Mylerz’s balance sheet and working capital, enabling it to scale fulfilment infrastructure, expand delivery network capacity, and invest further in its technology platform that powers same-day and next-day deliveries.