Kenzz, an Egyptian e-commerce platform for the mass market, grabs $3.5M seed funding

Kenzz, an e-commerce platform bringing shopping to the mass market in Egypt and MENA, is announcing that it has raised $3.5 million in seed funding. U.S.-based and MENA-focused venture capital firm Outliers Ventures led the round. Some of the participating investors include HOF Capital, Foundation Ventures, and Samurai Incubate.
The company, founded this February by Ahmed Atef, Mahmoud Al Silk and Moataz Sami, said it will use the seed round to grow its product categories, widen the product categories on its platform, hire talent and invest in tech as it launches its app.
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