A Cairo-based startup revolutionizing the used car market in Egypt through digital solutions for buying, selling, and financing vehicles.
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.
