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Egyptian food delivery startup Mumm lands investment from Alexandria Angels
Egyptian startup Mumm has raised an undisclosed amount of investment from Alexandria Angels, tech publication Menabytes has reported.
Menabytes said in an article last Friday (24 April) that the investment is part of an on-going pre-Series A round that the food technology startup, which is based in Cairo, is raising.
The startup was founded by Waleed Abd El Rahman in 2015 as an online marketplace to deliver homemade food to home and business customers.
Menabytes said the startup has previously raised a seed investment from A15 in 2016 and $200,000 from 500 Startups in 2017 and 2019 (follow-on).
Mumm’s investment from Alexandria Angels is part of an on-going pre-Series A the startup is raising
According to data from Crunchbase the startup has raised $500 000 through four rounds since 2015.
The investment was part of a 100 million Egyptian pound ($6.3-million) fund that Alexandria Angels announced last week, reported the publication in a separate article.
Featured image: Waleed Abd El Rahman (LinkedIn)