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Egypt’s Elmenus raises $8 million Series B to expand further into food delivery

Cairo-based food discovery and ordering platform Elmenus has raised $8 million in a Series B round, it announced today in a statement to MENAbytes. The investment was led by Dubai-based Global Ventures and Cairo-based Algebra Ventures with participation from Tarek Sakr and Hamad Al Homizi, the co-founders of Kuwait’s 4Sale who recently partially exited their startup to NBK Capital. The round takes Elmenus’ total raise to date close to $10 million.

Read more from source article: https://www.menabytes.com/elmenus-series-b/

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Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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