Simplex designs, assembles and manufactures computer numerical control (CNC) machines domestically rather than importing and reselling equipment. Its machinery serves over 4.5k clients and is exported to 34 countries, supplying customers across furniture, home appliances, automotive, infrastructure, and electrical sectors. The company currently operates a 5k sqm and a 10k sqm plant in Tenth of Ramadan City and has broken ground on a third 20k sqm facility; annual production capacity has increased to 1.5k machines and is planned to reach 3.5k once the new plant is built. Simplex exports about 15% of output today and is targeting roughly 50% exports within five years. It has pursued regional expansion through signed deals and MoUs, including a Saudi 20k sqm factory funded by a Saudi partner and supported by USD 13 mn previously secured, and is pursuing new markets across North Africa, the Gulf, and sub-Saharan Africa. Company leadership says Simplex occupies a dominant domestic position for its specific types of machinery and is seeking an international strategic partner to scale further.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2026