Arab Finance: Mylerz Egypt, an integrated e-commerce last-mile delivery and fulfillment company, has raised more than EGP 100 million in new debt and equity funding from its existing shareholders to support its expansion in the Egyptian market, as per a press release.

The proceeds will strengthen the company's balance sheet and working capital, enabling it to expand its fulfillment infrastructure, increase network capacity, and continue investing in its proprietary technology platform that powers its same-day and next-day delivery services.

The new financing will also enhance its ability to handle growing volumes from Egypt's e-commerce and cross-border trade sectors as it continues to support e-commerce brands nationwide.

In addition, the funding will position it to meet rising demand while maintaining the operational discipline and service quality it has focused on since its launch.

“This fresh funding is a strong vote of confidence from partners who know our business well,” Samer Gharaibeh, Founder and CEO of Mylerz, said. “Egypt remains the heart of our operations, and this capital allows us to invest with conviction in the infrastructure, technology, and people that keep us delivering for our merchants and their customers every day.”