MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has secured $40 million in a series A round, led by RMBV, a prominent impact investor in North Africa. The round included participation from the IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, and Endeavour Catalyst as well as MaxAB’s existing investors, Beco Capital and 4DX Ventures. MaxAB is Crystal Stream and Flourish Ventures’ first North African investment. This round brings the ...