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Sunday, 12 November 2017

Alex Angels invests in VOO

Alexandria Angels made its first investment, injecting funds into the on-demand delivery app VOO, according to Forbes Middle East. “VOO is a Cairo-based startup that connects part-time and freelance couriers with users in need of items picked-up or delivered in the greater Cairo area.” Alexandria Angels founder Tarek El Kady says his priority remains investing in early-stage startups from Alexandria. The details of the investment in VOO were not made public, but El Kady says Alexandria Angels will look at investing amounts ranging from USD 20k-100k in startups that “have a strong product-market fit, with robust teams, that have high potential for scaling up.”

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