| Founded | 2020 |
|---|---|
| Closed | 2022 |
| Country | Egypt |
| Sector | Marketplace |
| Collapse type | Fraud Explosion |
Capiter
"Egyptian B2B commerce startup that collapsed in eighteen months amid allegations of financial fraud after raising $33M."
Sudden collapse triggered by fraud exposure
Key Events Timeline
Capiter raised $33M in a Series A to build a B2B grocery and FMCG distribution platform for small retailers in Egypt.
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