| Founded | 2018 |
|---|---|
| Closed | 2024 |
| Country | Egypt |
| Sector | Foodtech |
| Collapse type | Silent Shutdown |
MaxAB
"MaxAB raised $55M to digitize B2B food distribution across Egypt and Morocco — then Tiger Global backed and ran out of cash as unit economics proved unworkable"
Quiet closure with no public announcement
Key Events Timeline
MaxAB built a B2B marketplace for food and grocery distribution, connecting manufacturers and wholesalers directly to the hundreds of thousands of small kiosks and corner stores that dominate FMCG retail in Egypt.
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