Founder · Season 3, episode 19

Moataz El-Wasimy

معتز الوسيمي

Loop

Loop asked

6M EGP

for 20% · valuation 30M EGP

Dealon air

The deal

10M EGP

Abdallah SallamMohamed FaroukAbdallah Sallam and Mohamed Farouk

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Frequently asked questions

Who is Moataz El-Wasimy?

Moataz El-Wasimy is the founder of Loop, which pitched on Shark Tank Egypt in Season 3, episode 19.

What company did Moataz El-Wasimy pitch on Shark Tank Egypt?

Loop: Loop is a platform for launching light-mobility services and e-scooter rentals, adapted to the Egyptian market to fill the gap in short-distance transport.

Did Moataz El-Wasimy get a deal on Shark Tank Egypt?

Yes, Loop closed a deal with Abdallah Sallam and Mohamed Farouk: 10M EGP for 45%.

Which shark invested in Moataz El-Wasimy's company?

Abdallah Sallam and Mohamed Farouk.

How much did Moataz El-Wasimy ask for on Shark Tank Egypt?

Loop: 6M EGP for 20%.

Who are Moataz El-Wasimy's co-founders?

Mohamed El-Sheikh.

When was Moataz El-Wasimy on Shark Tank Egypt?

Loop: Season 3, episode 19 (2024-2025). Details →