Simplex raises $1.5M Bridge (Egypt, Aug 2026)

$1.5M
USD 1.5 mn
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Headline

Simplex raises new funding round to up CNC annual production capacity to 3.5k units - EnterpriseAM

About

Simplex is a local CNC machine manufacturer based in Egypt, focused on expanding its production capacity to meet growing demand. The company is raising funds to finance the construction of a new facility, which will significantly increase its annual production capacity from 1.5k to 3.5k machines.

Article summary

Simplex raises new funding round to up CNC annual production capacity to 3.5k units  EnterpriseAM

Founder
Ahmed Shaaban
CEO
Investors
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