TechInAfrica – The Egyptian creative economy platform, Minly has raised $3.6m in a seed round led by 4DX Ventures, B&Y Venture Partners, and Global Ventures.
Scooter Braun, founder of SB Projects; Jason Finger, co-founder of Seamless and GrubHub; Anthony Saleh and Jeffrey Katzenberg of WndrCo; Arieh Mimran of Groupe Mimran; and Tamim Jabr has also participated in the round.
The co-founder of Minly, Mohamed El-Shinnawy, said, “With this new funding and the incredible group of partners that joined us, we are ready to scale across the region and introduce an exciting suite of new products. The creator economy is in its infancy and growing at lightning speed. We have the opportunity to build this category’s first unicorn in MENA.”
“Minly is fundamentally changing the relationship between celebrities and fans in the MENA region, and has an enormous opportunity for growth,” said Peter Orth, co-founder & General Partner at 4DX Ventures, who is joining the startup’s board.
“The team has both the ambition and the expertise to build a full-stack digital interaction platform that could change the way digital content is created and consumed in the region. We’re thrilled to partner with Minly and to help them reach their full potential.”