Egypt’s Pylon raises $19 million Seed round 

  • Date: 12-Apr-2022
  • Source: Wamda
  • Sector:Oil & Gas
  • Country:Egypt
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Egypt’s Pylon raises $19 million Seed round 

Press release:

Pylon, the infrastructure management platform transforming electricity and water companies in emerging markets, announces a $19 million seed funding round.

The seed round for the rapidly-growing startup - which is profitable and grew by 3.5x in 2021 - began with initial funding from US technology startup accelerator, Y Combinator, and attracted a diverse group of investors from North America and MEA.