Homzmart raises $23 million pre-Series B round
- Date: 01-Aug-2022
- Source: Wamda
- Sector:Financial Markets
- Country:Egypt
Homzmart raises $23 million pre-Series B round
Source: Reuters
Furniture and home goods e-commerce platform Homzmart has closed one of the past year's biggest funding rounds for a Middle Eastern and North Africa start-up, raising $23 million, its chief executive said.
The company, launched in 2020, will use the new funding to expand services, especially logistics, and fill gaps that appear in supply chains, co-founder and CEO Mahmoud Ibrahim said in an interview with Reuters.
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