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Turuq Secures Seed Investment From Den VC

Turuq, an Egyptian-based logistics and fulfillment startup, has announced a new round of seed investment from Den VC.

Turuq Secures Seed Investment From Den VC
Turuq/webpage
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Turuq, an Egyptian-based logistics and fulfillment startup, has announced a new round of seed investment from Den VC. The new investment was made possible by the startup's participation in the InvestIT program, a joint initiative between the Information Technology Industry Development Agency (ITIDA) and the Technology Innovation and Entrepreneurship Center (TIEC), managed by the fund Flat6Labs, a leading ecosystem builder in the MENA region.

The startup provides end-to-end order management and logistics solutions to brands, leveraging the latest technologies to deliver nationwide shipping and other services.

With this investment, we’re committed to building a stronger foundation at Turuq and developing the capabilities to support the growth of e-commerce logistics in Egypt. We’re investing in our people, strengthening our internal operations, and building reliable infrastructure so e-commerce founders can grow and operate with confidence," said Ahmed Atta, Co-Founder of Turuq

The investment will help the company expand its technology and create a durable infrastructure for e-commerce brands to grow without the constraints.

"Everything at Turuq comes back to people: our team, the founders building their businesses with us, and their customers on the other end of every order. This investment means we can serve all three better, and that's what makes us proud," said Karim Kamal, Co-Founder of Turuq

Turuq was founded in 2023 with a clear vision to help merchants scale with world-class fulfillment and infrastructure.

Caleb Olu-Akin

Caleb Olu-Akin

Writer | Speaker | Books | Soccer

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