Tech Company Financing Transactions
Mylerz Funding Round
Lorax Capital Partners, Fawry and private investors participated in a $2 million funding round for Mylerz. The financing closed on 7/24/2026.
Transaction Overview
Company Name
Announced On
7/24/2026
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
Lorax Capital Partners (Lead Investor)
Fawry (Ashraf Sabry)
Proceeds Purpose
Mylerz plans to use the new capital to expand its fulfillment infrastructure, increase the capacity of its delivery network, and enhance its proprietary technology stack that powers its same-day and next-day delivery services. The funds will also support the company's balance sheet and working capital requirements.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Arkan plaza Building 3 3rd floor
Cairo, Undisclosed
Egypt
Cairo, Undisclosed
Egypt
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
mylerz is a parcel delivery company that is not only well aware of what the eCommerce businesses need but also understand consumer desires better than all. For the first time in Egypt, mylerz introduces a fast same day delivery through the use of unmatched technologies to ensure transfer of parcels from one entity to the other in a window of 2 to 8 hours.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Samer Gharaibeh
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We do our best to record every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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