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Upfuse

Season 3 · Episode 19 · pitch 1 of 4

Upfuse is a sustainable fashion brand that recycles plastic bags, plastic bottles, tires, and denim waste into bags, clothing, and shoe soles in partnership with women in local recycling communities.…

  1. Ask · EGP
    5Mfor 15%
  2. Best offer · EGP
    33.3Mvaluation
  3. Closed · EGP
    5Mfor 15%

3 offers · 1 joint · 1 revision

Implied valuation: the ask implied EGP 33.3M; the deal closed at EGP 33.3M, 0% below it.

The pitch, minute by minute

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24:11 · 5 investors · tap a marker to see the quote

Key takeaways

  • Closed 5M EGP for 15% with Noor Sweid + Ayman Abbas: a 33.33M valuation, 0% below the 33.33M asked.

  • 3 investors made 3 offers (1 joint) and 1 revision. The highest valuation offered was 33.33M. The founder took it.

  • The ask came 1:29 into the pitch, in the opening.

  • The opening covered, in order: ask, problem, product solution, traction numbers, competition, business model, team, vision.

  • Demo: physical product, samples given.

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Fashion & apparel, Established · 5 pitches

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    Pavo is an Egyptian fashion brand that designs and sells practical, timeless bags, footwear, and clothing such as jeans. It manufactures locally through outsourced factories and sells primarily…

    Asked EGP 3M for 10%

    DealEGP 3M for 20%

    Dina Ghabbourin the deal

  • Havana Sox

    S5 E18 · Fashion & apparel

    Havana Sox is an Egyptian brand that designs and sells specialized 100% Egyptian cotton and bamboo socks—including diabetic silicone socks, yoga socks, athletic sweat-absorbing socks, AirTag kids'…

    Asked EGP 5M for 10%

    DealEGP 5M for 25%

    Ayman Abbasin the deal

  • The company designs, specifies, and distributes high-end upholstery and home fabrics for homes, hotels, and restaurants through its own retail branches in Egypt and exports orders abroad.

    Asked EGP 18M for 15%

    DealEGP 18M for 45%

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45 investor events, all 45 matched to what was said · 21 answers graded · 17 figures

Aired in season 3 (2024), episode 19 · We don’t host video; timestamps onlyHow the data is built

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