You think it’s been a crazy-hot year for startups raising funds in 2021? Just wait until next year… Six Egyptian startups — Trella, Bosta, Mozare3, Brimore, Teegara, and Koinz — are looking to raise a combined USD 250 mn in 2022, Bloomberg Asharq reports. It’s unclear how much each company plans to raise, but all of them plan to put the funding towards expansion, whether it’s growing their footprint locally or tapping new markets in the region.

Regional expansion plans: Digital trucking platform Trella is looking to grow its presence in the Gulf, as well as enter sub-Saharan African countries, co-founder and CFO Hatem Sabry told the news website. The platform closed one of Egypt’s biggest series A rounds this year in June, and currently operates in Egypt, the UAE, Saudi Arabia, and Pakistan. Also eyeing the GCC is courier startup Bosta, which is looking to finalize its planned launch in the UAE and Saudi Arabia this month or in 1Q2022, said CEO and co-founder Mohamed Ezzat. Meanwhile, social commerce platform Brimore is heading to Kenya, a big market with advanced payment methods, according to co-founder Ahmed Sheikha. The platform, which connects independent sellers with SME manufacturers to help suppliers streamline distribution, aims to operate with 400 factories by the end of 2022.

Growing in current markets: Food delivery-turned-loyalty and engagement app Koinz plans to expand its footprints in its current markets, Egypt and Saudi Arabia and to double its app users to reach 2 mn, according to co-founder and CEO Hussein Mumtaz. The platform recently reported raising a USD 4.8 mn seed round led by Tinder founder and former CMO Justin Mateen. Agri-fintech startup Mozare3 plans to establish food preparation and packaging stations and expand its footprint to 15 governorates in 2022, from seven currently, according to founding partner Hussein Abou Bakr. The company, which recently landed a seven-figure pre-seed investment, has regional expansion in its 2023 plans, with an eye on Sudan and Morocco, Abou Bakr told Asharq. Meanwhile, e-commerce startup Teegara wants to grow the number of local factories it works with and nearly triple the products on its platform, according to co-founder and CEO Ahmed Kayyali. The B2B marketplace recently closed a five-figure pre-seed round led by Alexandria Angels Network, and angel investors from KSA, Egypt and the Netherlands.

ALSO FROM PLANET STARTUP- Fintech newcomer Klickit has closed (pdf) its first investment round led by EFG Hermes. It will use proceeds to enhance the platform’s tech stack, which will be integrated with EFG’s valU consumer finance arm.