Mrkoon Secures New Investment from A Ventures to Accelerate Regional Expansion

Last updated 4-03-2025

3 min

A Ventures increased its stake in Mrkoon from 20% to 28% as part of a bridge investment round.

Mrkoon, a platform revolutionizing the scrap and surplus materials market, has already facilitated the trade of over 10,000 metric tons of materials.

With fresh backing, Mrkoon is gearing up for regional expansion, focusing on the GCC market, where supply chain digitization is in high demand.

A Ventures’ support extends beyond capital, offering strategic partnerships, industry insights, and mentorship to help Mrkoon scale effectively.

A Ventures CEO Sherif Ramadan emphasized that the firm’s increased investment is about fueling a digital transformation in a multi-billion-dollar industry.

A Ventures, the investment firm led by Egyptian entrepreneur Ayman Abbas, has reinforced its backing of Mrkoon (Mohamed Shalabi - Co-Founder - Mrkoon), raising its stake from 20% to 28% in a fresh bridge funding round. The move underscores A Ventures’ long-term confidence in Mrkoon’s ability to disrupt the traditionally fragmented scrap and surplus materials industry through digital innovation.

Since its launch, Mrkoon has revolutionized the sector by introducing a transparent and efficient digital marketplace, eliminating middlemen and maximizing value for businesses dealing with surplus materials. To date, the platform has facilitated over 10,000 metric tons of transactions, proving its effectiveness in a market that has long lacked digital transformation.

Gearing Up for GCC Expansion

With the new funding, Mrkoon is setting its sights on the GCC region, where supply chain optimization is a growing priority. CEO Mohamed Shalabi emphasized that the investment from A Ventures is about much more than just financial backing.

“Their support extends beyond capital—it’s about strategic partnerships, deep market insights, and a shared vision for transforming the industry. This investment allows us to scale faster, refine our technology, and enter new markets, starting with the GCC.”

The GCC market represents a significant opportunity for Mrkoon, as industries there increasingly turn to digital solutions to enhance efficiency, reduce waste, and optimize resource management.

Investor Confidence in Mrkoon’s Model

For A Ventures, the decision to double down on its investment is part of its broader mission to back high-impact startups that bring structure and efficiency to fragmented industries. Sherif Ramadan, CEO of A Ventures, highlighted why the firm sees Mrkoon as a game-changer:

“Our increased investment in Mrkoon reflects our firm belief in the team’s execution, the market’s untapped potential, and the platform’s ability to scale beyond Egypt. This isn’t just an investment in a startup—it’s an investment in a digital revolution within a multi-billion-dollar industry.”

A Ventures has built a reputation for actively supporting its portfolio companies, offering more than just funding. Its strategy includes mentorship, operational guidance, and access to an extensive network of industry leaders, ensuring that startups like Mrkoon can accelerate growth and drive meaningful change.

The Road Ahead

With fresh capital, a clear roadmap for regional expansion, and strong investor backing, Mrkoon is now positioned to lead the digital transformation of the surplus materials market. As industries worldwide shift towards sustainable and efficient supply chain solutions, Mrkoon’s model offers a scalable and technology-driven approach that can reshape the sector for years to come.

Final Thoughts

A Ventures’ increased stake in Mrkoon is more than just a financial transaction—it’s a strategic move that signals confidence in the company’s growth trajectory and market potential. With the GCC expansion on the horizon, Mrkoon is stepping into its next chapter, proving that even the