Egyptian logistics startup Mylerz raises $2M as investors double down

Egyptian logistics startup Mylerz has raised $2 million in a funding round in which existing investors increased their stakes, according to Tech Build Africa, which reported the deal on 15 July 2026. Per Tech Build Africa, the $2 million injection will support Mylerz's e-commerce logistics operations as the company scales its delivery and fulfilment services. The outlet reported that existing backers led the round by doubling down on their positions, a move it characterised as continued confidence in Egypt's digital-commerce infrastructure. According to the report, the funding underscores sustained investor interest in African e-commerce logistics. Tech Build Africa noted the raise highlights ongoing capital flows into Egypt's logistics sector, though it did not disclose the full cap table or valuation in its coverage. **Sources** - https://news.google.com/rss/articles/CBMifEFVX3lxTE84c1NGYmdKSlBZOWVpN2xMZS1DN0hOQkFEOUx1TlBjQnNwZ2UybFBYYmRLUTh3eDJqSmMxTFdSQlVCN0lFdTQ4QzIxSWF5dFdkNm5MQUVGRnp3VFllaFBNb3ZjWUFjM2Frb3lLT01TOTZNaENRM3ZDc05XQno?oc=5 *Source Reporters corrects errors promptly. Report corrections to corrections@sourcereporters.com.*