Egyptian AdTech Startup dKilo Secures $3.2 Million to Revolutionize Out-of-Home Advertising.

13 Jun 2024

dKilo, an Egyptian AdTech company founded in 2020, has secured $3.2 million in seed funding from Upturn Ventures. This investment, a mix of equity and financing, will fuel dKilo's mission to transform out-of-home advertising through a cutting-edge online platform.

Led by Mohamed Mousa and Sherif Abdelaty, dKilo leverages the power of the Internet of Things (IoT) and Artificial Intelligence (AI) to create smarter out-of-home advertising solutions. Their platform aims to connect brands with audiences beyond the traditional digital space, offering new avenues for e-commerce businesses to boost brand awareness and conversions.

This strategic partnership between dKilo and Upturn Ventures signifies a shared vision for revolutionizing the out-of-home advertising landscape. By introducing innovative approaches, they aim to redefine how brands connect with consumers in a way that transcends the limitations of traditional digital advertising.

dKilo's online platform will serve as a central hub for brands to engage with their target audience in real-world environments. By leveraging mobility data, brands can connect with consumers on the go, while managing the entire advertising process through a user-friendly online interface.

This investment underscores a commitment to progressive communication strategies. The partnership between dKilo and Upturn Ventures offers a glimpse into the future of consumer engagement within the region, shaping the way brands connect with audiences in a more targeted and impactful way.



Play audio


Share:

Comments

No comments

Add your comment

Search Blog

Recent Posts

Beware: Tria Stealer malware is targeting Android users’ WhatsApp and banking apps There has been an alarming rise in sophisticated c...
African Startups Raised Over $345 Million in May In May, startups across Africa attracted more than...
Each ChatGPT Query Uses 0.34 Watt-Hours of Electricity and a Drop of Water Sam Altman, CEO of OpenAI, has shed light on the e...
Why Most Nigerian MSMEs Don’t Survive 5 Years — And What Can Be Done About It Segun AsegunIn Nigeria, over 80 percent of micro,...

Related Post

MyNextCar Lands $10 Million to Expand Bolt’s Budget Ride-Hailing Fleet in South Africa
South African vehicle leasing company MyNextCar (MNC) has secured $10 million in...
Meta Plans to invest $10bn in Scale AI
Meta Platforms Inc. is set to make a major move in the artificial intelligence s...
New U.S.-Nigeria Trade Deal Could Accelerate Investment in Nigerian Startups
A new trade agreement between the United States and Nigeria could serve as a cat...
Logo

Accelerating the growth of Africa's tech ecosystem