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Opontia raises $20M in seed round to acquire and grow e-commerce brands in the Middle East and Africa Spotlight

Razor Group. Branded. Thrasio. These are big names in the new wave of e-commerce companies taking the world by storm. Their business of acquiring small e-commerce brands that look promising and consolidating them is quite popular in the U.S. and Europe. The concept has sifted through those shores to Latin America and Asia, where companies […]

April 25, 2021 5 min read Opinions expressed by You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. Smileneo, a UAE healthtech startup, has successfully raised US$2 million in a seed funding round led by Kingsway Capital. FJ Labs, a fund led by José Marin and Fabrice Grinda, founder of OLX Group, joined the round, as well as a number of global angel investors, including Mato Peric, founder of MPGI, Leonard Stiegeler, founder of Pulse, and Tom Stafford, Managing Partner at DST Global.   Launched in 2019 by Dr. Jo...

Smileneo raises $2 million in Seed investment Image courtesy of Smileneo UAE-based healtech startup Smileneo has raised $2 million in a Seed round led by UK's Kingsway Capital alongside FJ Labs and other angel Investors Smileneo is a dental cosmetics direct-to-consumer brand, helping its customers straighten their teeth using 3D-printed aligners It will use the funds to grow its team, expand operations, and enter new markets. The startup was founded by Jonathan Doerr, who was previously the co-CEO of Daraz, one of Pakistan's largest e-commerce platforms with presence In Bangladesh, Sri Lanka,...