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Egyptian online print shop PrintX raises $150k from a Saudi angel investor
PrintX, a Cairo-based online print shop, has raised $150 000 from Saudi angel investor Mohamed Elbazz.
Tech publication MenaBytes reported in an article yesterday that the startup will use the funding to launch an on-demand online printing platform and to expand its services across Egypt as well as to Saudi Arabia next year.
The startup was founded in 2017 by Abdelrhman Gaber, Mostafa Ali and Ahmed Shahin.
PrintX was founded in 2017 by Abdelrhman Gaber, Mostafa Ali and Ahmed Shahin
It is not clear when the deal was concluded or which other cities in Egypt the starup is looking to expand to. Ventureburn sought comment from PrintX but had not received a response at the time of publication.
PrintX offers a range of printed products that include flyers, business cards, notepads, branding material, bulk posters as well as banners.
According to the startup’s Facebook page, PrintX’s main clientele currently consists of event management companies, agencies and other startups.
Featured image: PrintX via Facebook
