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Monday, 14 February 2022

Cloud hub startup Takery lands pre-seed funding

Takery Cloud Hubs, an Egypt-based cloud hub startup, has raised an undisclosed amount in a pre-seed funding round, according to a press release (pdf). The funding will be used to expand the company’s cloud branches, grow its team, and develop its tech. Including this first round, the company is looking to secure up to USD 3 mn in 2022, the statement says.

About the company: Takery is Egypt’s first company specialized in establishing and managing cloud hubs, according to founder and CEO Karim Morsi. The company offers fast-food chains and fast-moving consumer goods companies the digital infrastructure to grow their footprints, either by entering new markets altogether or expanding geographically.

More brands to land in Egypt? Takery is looking to bring new international and Gulf brands into the Egyptian market, the press release says, without providing further details.

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