Logistic startup Sprint secures pre-seed funding, to expand into the MENA region

EGYPT – Sprint, Egyptian logistics startup, is set to expand to the Gulf Cooperation Council (GCC) and other countries in the MENA region after signing up almost 500 merchant customers at home. Sprint raised a six-figure US dollar pre-seed funding round from an angel investor in December of last year and will take on more capital as it looks to expand from product perspective as well as a geographic one. Founded by Mohamed Deif in 2019, the Cairo-based Sprint offers last mile delivery solutions to e-commerce merchants, with a focus…

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