# Simplex raises funding to expand CNC machine production in Tenth of Ramadan City, Egypt

Simplex is raising a new funding round to finance the construction of a third 20,000 sqm facility in Tenth of Ramadan City, Egypt, which will increase annual CNC machine production capacity from 1,500 to 3,500 units. The company also secured a USD 1.5 million angel bridge round.

- Type: Expansion
- Announced: 2026-08-03
- Where: Tenth of Ramadan City, Egypt
- Value: $1.50M
- Status: under construction
- Capacity: 3,500 CNC machines per year
- Products: CNC machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Simplex](https://endata.com/companies/82659.md)

## Sources

- [enterpriseam.com](https://enterpriseam.com/egypt/2026/08/03/simplex-raises-new-funding-round-to-up-cnc-annual-production-capacity-to-3-5k-units/), 2026-08-03: "The financing comes from the previous round, plus we have an ongoing funding round that hasn’t closed yet."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.