Led · Equity · Feb 2024

ProXalys, founded in 2021 by Thierno Sakho, focuses on digitizing the full value chain for business-to-business trade and modernizing procedures for informal retailers. The company operates in Senegal and has expanded operations to Tunisia. Its core work includes reimagining supply chain procedures and building products to empower Senegalese informal traders; it is preparing to launch a new product called ProBoutik. ProXalys plans to use the recent funding to strengthen its data and artificial intelligence teams in Senegal and Tunisia and accelerate ProBoutik’s rollout. The company highlights financial inclusion and digital transformation as central goals for driving sustainable economic development in the region. Financially, ProXalys previously closed a pre-seed round of USD 150,000 in 2022 and has now secured further growth funding.

Led · Seed · Dec 2023

Imaginario AI provides an AI-powered platform and API that simplifies and accelerates processes related to multimedia content creation and understanding. The company processes video and audio content and says major studios and media companies—including Warner Bros. Discovery, Universal Pictures and Cineverse—have reported significant time savings using its solutions. Founded in 2021 by Jose Puga and Abdelhak Loukkal in Tunis, Imaginario AI has built technology aimed at media and content workflows. In December 2023 the company raised $1.0M in a pre-seed round led by 216 Capital. Additional participants included Blue Lake VC, Earthling Ventures, Comcast NBCUniversal, Techstars and a series of business angels. The funding will be used to support international expansion and to grow teams in the United States, Europe and the MENA region.

Led · Equity · Dec 2023

My Easy Transfer is a remittance platform connecting Tunisia and Europe that enables safe transfers for diaspora members. Founded in March 2022 by brothers Ismaïl and Jabrane Khenissi, the startup has 10,000 customers to date. It raised EUR400,000 (US$420,000) from venture capital firm 216 Capital to accelerate product and platform development. The company plans to broaden its offering to handle all diaspora payment needs in a single mobile app, including money transfers, mobile top-ups, and local bill payments. My Easy Transfer intends to expand into new African markets such as Morocco, Mali, and Senegal. The founders also plan to change the business model to become a payment super app for the diaspora and to fortify their position in Tunisia through new alliances.

Participated · Equity · Dec 2023

Cynoia is a team collaboration platform that centralizes chat and video conferencing, email and calendar administration, document processing, and project management. Founded in 2022 by Ayoub Rabeh and Nasreddine Riahi, the company is based in Tunisia. It has over 3,000 members across nine countries. Cynoia recently secured EUR850,000 (US$930,000) to support growth. The funding is earmarked to expand into the West African Economic and Monetary Union (UEMOA), with a strategic focus on Senegal and the Ivory Coast. The platform aims to improve internal collaboration and productivity by centralising multiple tools within a single product.