Season 1, episode 3
Tilestic
تايلستك
Tilestic is an Alexandria startup, founded in 2020, that turns single-use plastic waste nobody else recycles into building materials.
Watch the pitchThe founders asked
600K EGP
for 10% · valuation 6M EGP
The deal
600K EGP
Mohamed Ismail MansourEquity: 10%
In short: Tilestic pitched in Season 1, episode 3. The founders asked for 600K EGP for 10%, valuing the company at 6M EGP. They walked away with a deal with Mohamed Ismail Mansour: 600K EGP for 10%.
Overview
Tilestic is an Alexandria startup, founded in 2020, that turns single-use plastic waste nobody else recycles into building materials. Its own process and compound produce interlock and paver tiles for sidewalks, as well as roof tiles, made entirely from recycled plastic. The company is listed among the Solar Impulse Foundation's member companies. Founder Mohamed Abu Kelila asked for EGP 600,000 for 10% and secured that deal from Mohamed Mansour.
The pitch
Team and investors
After the show
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Frequently asked questions
What is Tilestic?
Tilestic is an Alexandria startup, founded in 2020, that turns single-use plastic waste nobody else recycles into building materials. Its own process and compound produce interlock and paver tiles for sidewalks, as well as roof tiles, made entirely from recycled plastic. The company is listed among the Solar Impulse Foundation's member companies. Founder Mohamed Abu Kelila asked for EGP 600,000 for 10% and secured that deal from Mohamed Mansour.
Who founded Tilestic?
Tilestic was founded by Mohamed Abu Kelila, who pitched it on Shark Tank Egypt.
When did Tilestic appear on Shark Tank Egypt?
In Season 1, episode 3 (2023).
How much did Tilestic ask for on Shark Tank Egypt?
600K EGP for 10%, valuing the company at 6M EGP.
Did Tilestic get a deal on Shark Tank Egypt?
Yes, with Mohamed Ismail Mansour: 600K EGP for 10%.
More questions (10)
Which shark invested in Tilestic?
Mohamed Ismail Mansour. Details →
What is Tilestic's valuation on Shark Tank Egypt?
The final deal valued Tilestic at 6M EGP, against 6M EGP in the founders' ask.
Where is Tilestic based and when was it founded?
Tilestic is based in Alexandria, Egypt. Founded in 2020.
What is Tilestic's website and social media?
Website: tilestic.com. On Facebook, LinkedIn, WhatsApp and Instagram; links are on this page.
Where can I watch Tilestic's pitch?
The pitch from Season 1, episode 3 is on YouTube: youtube.com/watch?v=Vt5rVNHxQJM
How much equity did Tilestic give up on Shark Tank Egypt?
10%, against the 10% offered in the pitch.
Did Tilestic get what it asked for on Shark Tank Egypt?
Yes, the deal closed on the original terms: 600K EGP for 10%.
Which episode of Shark Tank Egypt was Tilestic in?
Season 1, episode 3. Also in that episode: Grif and Masroufi. Details →
Which sharks did Tilestic pitch to?
The Season 1 panel: Ahmed El Sewedy, Mohamed Farouk, Hilda Louca, Mohamed Ismail Mansour, Abdallah Sallam and Ayman Abbas.
What sector is Tilestic in?
Manufacturing. 13 other Manufacturing startups pitched on the show. Details →
Rating & comments
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