Logistics startup Bosta raises US$6.7m Series A round led by VC Silicon Badia

EGYPT – Bosta, a Cairo-based ecommerce logistics startup, has raised US$6.7 million in a Series A round led by Amman-based global VC Silicon Badia. The round also included the participation of 4DX Ventures, Plug and Play Ventures, Wealthwell VC, Khwarizmi Ventures, and a few other investors. It takes their total investment to date to US$9.1 million. In February last year, Bosta had announced a seven-figure (USD) Series A from European parcel delivery company DPDgorup and Fawry but it has confirmed to us that the US$6.7 million it has announced today…

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