NewGen and MooMe raise funds from Tunisian fund


Two top Tunisian tech firms just secured investment from Maxula Seed Fund that supports innovative, early-stage startups across Tunisia with high-growth potential across impactful sectors. Maxula Gestion is the asset management company behind the fund that attributes its funding to MAE insurance and the Arab Tunisian Bank (ATB). The idea is to back companies with innovation at the center of their business model.

According to comments on Disrupt Africa, Raouf Aouadi the CEO of Maxula Seed Fund describes how startups develop their activity and new ideas with the companies that meet their portfolio participation as they create new markets.

The fund announced two investments – NewGen a gaming startup formed by Seifeddine Ben Hamouda in May 2019, and MooMe an agri-tech farmer-decision-making system.


What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Leave a Reply

Your email address will not be published. Required fields are marked *

Africa Merchant Capital

Kenyan lands top African job at Africa Merchant Capital


Alphabet pulls the plug on the Loon balloon project