Africa Angel Investors Network

Funding Tracker                 


SWVL

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App that allows customers to book fixed rate rides on buses and vans in their network


Location: Egypt
Website: https://swvl.com/
Sector: Logistics & Transport
Funding Stage: Series C, Series C, M&A, PIPE, PIPE, PIPO,
Total Funding ($m): 251.5
# of Founders: 3
Founding Year: 2017
Funding Year: 2022
Status: Active
YearAmountStageInvestors
2019$68mSeries CVostok, BECO Capital, MSA Capital, Endeavor, VNV Global, Dash Ventures
2020$42mSeries CVostok, BECO Capital, MSA Capital, Endeavor Catalyst
2021$n.amM&AQueen’s Gambit Growth Capital
2021$100mPIPEn.a
2022$21.5mPIPEEuropean Bank for Reconstruction and Development, Agility Ventures, Luxor Capital, Chimera Investment, Zain
2022$20mPIPOn.a.
Mostafa Kandil, Mahmoud Nouh, Ahmed Sabbah,
Series C $68m
Vostok, BECO Capital, MSA Capital, Endeavor, VNV Global, Dash Ventures

Series C $42m
Vostok, BECO Capital, MSA Capital, Endeavor Catalyst

M&A $n.am
Queen’s Gambit Growth Capital

PIPE $100m
n.a

PIPE $21.5m
European Bank for Reconstruction and Development, Agility Ventures, Luxor Capital, Chimera Investment, Zain

PIPO $20m
n.a.


News
https://www.wamda.com/2022/08/swvl-announces-20-million-private-placement