Egypt’s Sylndr Completes $12.6m Pre-Seed Round for Expansion
Sylndr, Egypt’s online used-car store, has raised $12.6 million in a pre-seed round headed by RAED Ventures, with participation from Algebra Ventures, Nuwa Capital, 1984 Ventures, Worldwide Founders Capital, and a number of well-known regional and worldwide angel investors. Sylndr wants to establish confidence in the used-car business by making it easy for clients to…