Tech Company Financing Transactions
Pylon Funding Round
Pylon secured a $3.2 million Seed financing round on 7/12/2023. Backers included General Catalyst Partners.
Transaction Overview
Company Name
Announced On
7/12/2023
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Seed
Investors
General Catalyst Partners (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Galleria 40 26th of July Corridor
Sheikh Zayed, Undisclosed
Giza
Sheikh Zayed, Undisclosed
Giza
Phone
Website
Email Address
Overview
Developer of an infrastructure management software designed to provide end-to-end solutions for emerging market's utility management challenges. The company's software offers a comprehensive utility management technology that caters to the needs of emerging markets, covering all aspects of loss reduction, load management, and revenue collection, enabling water and electricity distribution companies to tackle the utility management challenges in a simplified way.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ahmed Ashour
Chief Technical Officer
Omar Radi
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