TLcom Capital in e-commerce infrastructure deal
Flextock, the Egypt-founded e-commerce logistics and enablement platform, has raised $12.6 million in a Series A round.
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Flextock, the Egypt-founded e-commerce logistics and enablement platform, has raised $12.6 million in a Series A round led by TLcom Capital. The round included participation from Conjunction Capital and Capria Ventures, alongside Access Bridge Ventures, Foundation Ventures, BY Venture Partners, JIMCO, Alter Global, MSA Capital, and other investors.
Founded in 2021 by Mohamed Mossaad and Enas Siam, Flextock provides an integrated platform that combines fulfilment, last-mile delivery aggregation, cross-border trade enablement, sales-channel access, and embedded merchant financing. The company operates across Egypt and Saudi Arabia, supporting merchants in managing logistics, sales, and cash flow through a unified technology layer.
The funding will be used to expand Flextock’s operational infrastructure in its core markets, deepen product capabilities across its end-to-end suite, and accelerate merchant acquisition. The company aims to further integrate fulfilment, shipping, cross-border expansion, and financing into a single operating system designed to reduce fragmentation for e-commerce businesses.
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