Mylerz in Egypt earns $2 M to expand its logistics network

Mylerz Egypt, one of the country’s leading integrated e-commerce last-mile delivery and fulfilment companies, today announced that it has raised over EGP 100 million in new debt and equity funding from its existing shareholders. The proceeds will be deployed to bolster Mylerz Egypt’s continued growth across the Egyptian market.
The new capital strengthens Mylerz Egypt’s balance sheet and working capital position, enabling the company to scale its fulfilment infrastructure, expand network capacity, and continue investing in the proprietary technology platform that underpins its same-day and next-day delivery proposition. It also reinforces Mylerz Egypt’s ability to serve the fast-growing volumes moving through Egypt’s e-commerce and cross-border trade channels as it continues to support e-commerce brands across the country.
The financing positions Mylerz to capture rising demand while maintaining the operating discipline and service quality that have defined the business since launch.
“This fresh funding is a strong vote of confidence from partners who know our business well. Egypt remains the heart of our operations, and this capital allows us to invest with conviction in the infrastructure, technology, and people that keep us delivering for our merchants and their customers every day,” said Samer Gharaibeh, Founder and Chief Executive Officer of Mylerz.




