Season 5 · Episode 15 · pitch 1 of 3
Sphinx Safety manufactures 100% Egyptian safety footwear compliant with European standards (ISO 20345) using dual-density direct injection technology and natural leather. It sells directly to…
3 offers · 5 revisions
Implied valuation: the ask implied EGP 40M; the deal closed at EGP 28.6M, 29% below it. The founder gave away 1.4× the equity they asked for.
24:44 · 4 investors · tap a marker to see the quotehover over a marker for its type, investor and time; click to open the quote in the evidence panel; scroll or pinch to zoom
Closed 10M EGP for 35% with Ahmed Tarek Khalil + Ayman Abbas + New person 146: a 28.57M valuation, 29% below the 40M asked.
5 investors made 4 offers and 5 revisions. The highest valuation offered was 33.33M. The founder did not take it.
The founder countered 1 time; the final valuation is 14% below the closing investor's first offer.
The ask came 4:11 into the pitch, in the opening.
The opening covered, in order: team, market size, problem, product solution, business model, demo, ask; no sales or customer numbers in the opening.
Fashion & apparel, Growing · 17 pitches
S5 E6 · Fashion & apparel
Haxl is an Egyptian sportswear and athletic footwear brand that designs and sells locally manufactured activewear and running shoes at competitive prices. It produces its collections through a…
Asked EGP 4M for 10%
S3 E18 · Fashion & apparel
Zonta is an Egyptian footwear brand that designs and manufactures locally made sneakers featuring embroidered Arabic calligraphy to celebrate Arab identity. It sells to young consumers in Egypt and…
Asked EGP 5M for 10%
S5 E14 · Fashion & apparel
Gorilla is an Egyptian sportswear brand producing performance athletic clothing and a kids' collection treated with antibacterial, cooling, and scent-release fabric technologies. It sells online via…
Asked EGP 10M for 20%
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