Startup Atlas
Founded
2017
Headquarters
UAE
Disclosed funding
$14.5M
Stories
1
Swvl provides technology-driven mobility services, such as managed shuttle and mass-transit networks, for companies, governments, schools and healthcare providers. Founded in Cairo in 2017 and based in Dubai since 2019, it has been Nasdaq-listed since 2022 and operates in Egypt, Saudi Arabia, the UAE, Kuwait, Qatar, the UK and the US.
Founders
Mostafa Kandil, Ahmed Sabbah, Mahmoud Nouh
Aug 2026 · PIPE (private placement)
Coefficient LP (lead, backed by the Sawiris family), HITE Hedge Asset Management
$13M
Aug 2026 · Private placement
Sofico Holdings Limited
$1.5M

