A Cairo-based startup revolutionizing the used car market in Egypt through digital solutions for buying, selling, and financing vehicles.
Top 12 logistics and mobility startup raises of H1 2025
Africa's tech ecosystem saw deal flows reach $1.4 billion in H1 2025, a 78% increase from H1 2024. Logistics and mobility startups in Africa secured $115 million in funding during the first half of 2025.
Egyptian Autotech Sylndr closes $15.7M Series A to drive digital transformation in used car market
Sylndr closed a $15.7 million Series A funding round led by Development Partners International. The funding round included participation from Algebra Ventures, Nuwa Capital, and other prominent investors.
Sylndr, with a fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt
Sylndr raised $15.7 million to expand into auto financing and servicing. The company has raised over $30 million since its launch in 2021.
Sylndr Secures EGP370 Million to Transform Egypt’s Used Car Market
Sylndr secures EGP370 million working capital facility. First asset-backed financing deal in Egypt.
