Egypt’s technology start-up Roboost raises its capital to boost growth

Egypt based delivery management solution start-up Roboost has secured a six-figure initial funding round without disclosing the exact amount as the company aims to expand its core technology and acquire new customers.

The seed round has secured from Falak start-ups, AUC Angels, and a follow-on funding from Flat6Labs, according to Roboost’s statement on Wednesday.

Flat6Labs considers this funding will boost Roboost’s AI delivery management solution as it will help to speed up its growth, Mohamed El Ghannam principal at Flat6Labs, mentioned.

The company’s next goal is to empower SMEs by automating their deliveries through Roboost’s AI delivery marketplace, its CEO Mohamed Hassan said.

Hassan added that this will enable Roboost to provide the best customer experience and grow its businesses.

Roboost founded in 2020 as it is an AI-powered automated home supply management solutions provider.

It digitally replicates real-world processes, deals with everyday situations, and has self-learning capabilities to improve various aspects of the delivery process.