MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies.

MaxAB is re-engineering the food and grocery market, using data-driven technologies and state of the art supply chains.

MaxAB was founded in 2015 by Belal El-Megharbel and Mohamed Ben Halim. The company is based in Cairo, Egypt. with presence in Casablanca and Morocco.

 

MaxAB's technology enabled supply chain is helping put the correct amount of food at the right place at the right time. The company has a fleet of 60 trucks and a large warehouse that serves Cairo.

 

MaxAB’s platform manages procurement and grocery delivery to shops in Egypt. Store owners can use the platform to purchase goods, request delivery or logistics to move the goods, and access a customer support team.

 

MaxAB has connected suppliers with over 150,000 unique traditional retailers in this food and grocery supply chain across Egypt and Casablanca, Morocco, delivering over 2.5 million orders within this timeframe.

 

MaxAB is backed by DisruptAD, RMBV, Beco Capital, IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, Endeavour Catalyst, 4DX Ventures, Africa Platform Capital, and others. The company raised $40M in a pre-Series B round on Oct 19, 2022. This brings MaxAB's total funding to $101.2M to date.

 

 

  • Year founded: 2018
  • Funding Info: $101.2M over 5 Rounds (Latest Funding Type: pre- Series B)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: NA
  • City/Town: Cairo
  • State: Cairo
  • Country: Egypt
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