Season 2, episode 14
Flouxo
فلوكسو
Flouxo is an Egyptian manufacturer of compressors that unload bulk cement from transport trucks.
Watch the pitchThe founders asked
6M EGP
for 30% · valuation 20M EGP
The deal
Deal
for 50% · Investor not named in sources
In short: Flouxo pitched in Season 2, episode 14. The founders asked for 6M EGP for 30%, valuing the company at 20M EGP. They walked away with a deal for 50%.
Overview
Flouxo is an Egyptian manufacturer of compressors that unload bulk cement from transport trucks. It describes itself as the first maker of this kind of compressor in Egypt and the Middle East, giving truck operators a local option instead of imported equipment. Its design is meant to spare truck owners the cost of frequent compressor overhauls, which keeps their fleets running for less. Founder Hisham Hany brought the business to Shark Tank Egypt in Season 2. On the show, founder Hisham Hany closed a deal with two sharks for 50% of the company.
The pitch
In Season 2, Episode 14, founder Hisham Hany pitched Flouxo as the first Egyptian and Middle Eastern maker of compressors for unloading bulk cement trucks, built to cut overhaul costs for truck owners. He asked for EGP 6 million for 30% of the company. According to the show summary, he ended up giving 50% to two sharks.
Services & products
- Bulk cement unloading compressorsLocally made compressors that discharge bulk cement from transport trucks.
- Lower-maintenance compressor designA design that helps truck owners avoid costly compressor overhauls.
Team
After the show
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Frequently asked questions
What is Flouxo?
Flouxo is an Egyptian manufacturer of compressors that unload bulk cement from transport trucks. It describes itself as the first maker of this kind of compressor in Egypt and the Middle East, giving truck operators a local option instead of imported equipment. Its design is meant to spare truck owners the cost of frequent compressor overhauls, which keeps their fleets running for less. Founder Hisham Hany brought the business to Shark Tank Egypt in Season 2. On the show, founder Hisham Hany closed a deal with two sharks for 50% of the company.
Who founded Flouxo?
Flouxo was founded by Hisham Hany, who pitched it on Shark Tank Egypt.
When did Flouxo appear on Shark Tank Egypt?
In Season 2, episode 14 (2023-2024).
How much did Flouxo ask for on Shark Tank Egypt?
6M EGP for 30%, valuing the company at 20M EGP.
Did Flouxo get a deal on Shark Tank Egypt?
Yes: for 50%.
More questions (6)
What does Flouxo offer?
Bulk cement unloading compressors and Lower-maintenance compressor design.
Where can I watch Flouxo's pitch?
The pitch from Season 2, episode 14 is on YouTube: youtube.com/watch?v=AgmsMUwYGDk
How much equity did Flouxo give up on Shark Tank Egypt?
50%, against the 30% offered in the pitch.
Which episode of Shark Tank Egypt was Flouxo in?
Season 2, episode 14. Also in that episode: AgriKemet. Details →
Which sharks did Flouxo pitch to?
The Season 2 panel: Ahmed El Sewedy, Mohamed Farouk, Mohamed Ismail Mansour, Abdallah Sallam, Ayman Abbas, Dina Ghabbour, Ahmed Tarek Khalil and Hend Sabry.
What sector is Flouxo in?
Manufacturing. 13 other Manufacturing startups pitched on the show. Details →
Rating & comments
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