The Round was led by B Group with additional contributions from angel investors
The 10-week, equity-free hybrid program target Seed to Series A startups from MENA and Turkey
The funding will allow the company to create technological solutions for various sectors including restaurants, cafes, hypermarkets, and cloud kitchens.
The accelerator was launched in partnership with eWTP Arabia Capital, Saudi Cloud Computing Company (Alibaba Cloud), and the Fujian Youth Federation
Llama Design Drive is a series of 4-week AI accelerators organized across the Middle East and North Africa.
July 29th - August 4th
Catalysts for Innovation and Economic Diversification
The new investors hold now 13.8% capital shareholding, giving the company a post-money valuation of $29 million.
The round was led by Shorooq Partners with participation from SVC, STV, Olayan Financing Company, Sultan Holdings, Zain Ventures, and Rua Growth Fund.
July 22nd - July 28th
Empowering Startups and Investors in Emerging Markets
The round was led by Oraseya Capital with participation from Aditum Investment Management and Everywhere VC.