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Speero raises $1 8 million in pre-Series A
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Dubai startup Valeo scores $3M seed funding to develop wellbeing products
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Middle East Eyewear Retailer Eyewa Raises $21 Million, Plots Expansion
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eyewa closes $21 million Series B
UAE-based eyewa has closed its Series B funding round, raising $21 million. The round was co-led by Kingsway and Nuwa Capital, with participation from French Partners, Endeavor Catalyst, Derayah, Palm Drive, and Hardy Capital.
Founded in 2017 by Mehdi Oudghiri and Anass Boumediene, eyewa has grown to become the Middle East’s largest online eyewear retailer.
This investment will be used to support eyewa’s expansion plans, investing in its technology and product teams as well as investing in its retail and omnichannel strategy.
This $21 million Series B funding round brings the total funding to date of eyewa to $30 million. Eyewa previously raised a $1.1 million seed round in 2018 led by EQ2 Ventures and a $7.5 million series A funding round in 2019 led by Wamda.
UAE startup eyewa raises $21m in Series B funding round
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