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Trella, an Egyptian-based logistics startup, has raised $3.5 million in a recent funding round led by Avanz Capital.
This significant investment will enable Trella to expand its operations further, enhance its technology platform, and solidify its position as one of the leading players in the logistics industry. With the newly secured funding, Trella plans to expand its operations, strengthen its presence in existing markets, and explore opportunities in new geographies.
The investment will also be allocated towards enhancing its technology platform, which leverages data-driven insights and machine learning algorithms to optimize freight matching, improve efficiency, and deliver a seamless logistics experience.
Launched in 2022, Trella aims to address the logistics challenges businesses face in emerging markets, particularly in the Middle East and Africa. The platform connects shippers with carriers by leveraging technology, streamlining the process and providing real-time visibility and transparency throughout the transportation journey.

Hypeo Ai, a Moroccan startup offering an AI-powered platform for influencer marketing, has secured funding from Renew Capital to speed up and simplify brand-creator collaborations across Africa and the Middle East.

EchoVC, a leading pan-African venture capital firm dedicated to empowering underrepresented founders and underserved markets, has announced the launch of its latest pre-seed fund, EchoVC Eco Pilot Fund I.

Moroccan startup Tookeez, a pioneer in leveraging blockchain technology to improve customer loyalty programs, has secured $1.5 million in funding.